The role of management support on innovativeness in the Nigerian Entrepreneurial businesses

Omankhanlen, A. E and Ogaga-Oghene, Joshua and Nkwodimmah, Pascal (2020) The role of management support on innovativeness in the Nigerian Entrepreneurial businesses. WSEAS TRANSACTIONS on BUSINESS and ECONOMICS. pp. 269-277. ISSN E-ISSN: 2224-2899

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Abstract

The absence of a management supported ambience for innovativeness is a problem affecting required growth in sales volume and income in Nigerian businesses. A significant proportion of companies in the industry are ailing and struggling to survive. This study examined the role of management support on innovativeness in Nigerian Entrepreneurial Businesses. Survey research design was adopted for the study. The population was 5,362 full time employees of selected flour milling companies in Nigeria. A sample size of 372 was selected using stratified sampling and simple random sampling techniques. A validated questionnaire was used for data collection. Cronbach’s Alpha coefficients for the construct ranged from .708 to .847 and the response rate was 81.72%. Data were analyzed using descriptive and inferential statistics (mean, standard deviation, and simple regression analysis). The findings showed that management support has positive effect on innovativeness (F(1,302) =188.671, p<0.01), R =.620, R2 =.385, Adj R2 = .381, and estimated coefficient .620; The study concluded that management support has a significant positive effect on innovativeness in Nigerian Businesses. The study recommended that management should nurture an organizational management support that encourages entrepreneurial behaviour by making organizational design and development a continuous focus.

Item Type:	Article
Uncontrolled Keywords:	Corporate entrepreneurship, Innovativeness, Management support, Organizational climate, Organizational Climate
Subjects:	H Social Sciences > HG Finance
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Mrs Patricia Nwokealisi
Date Deposited:	29 Jun 2021 21:37
Last Modified:	29 Jun 2021 21:37
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/15141

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