Scientificia (E-Journals)
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Women Entrepreneurship and Sustainable Economic Development: Evidence from Nigeria
Get PDFThe emerging field of entrepreneurship in 20th century has made women entrepreneurs to be creative and innovative. However, in Africa especially Nigeria, women have historically been disadvantaged in accessing not only material resources, but also have been deprived of resources like finance, market information and modern technology. This study examined the influence of women entrepreneurs on sustainable economic development in Nigeria. Other specific objectives were to assess the perceived contributions of women entrepreneurs to economic sustainability in Nigeria; ascertain the ways in which women entrepreneurs have been empowered; determine the factors motivating women into entrepreneurship and to identify the major challenges facing women towards entrepreneurship development in Nigeria. This research work was carried out among the three thousand one hundred and fifty (3,150) women entrepreneurs registered with ministry of commerce and industry in the South-Western geo-political zones of Nigeria. A total of six hundred and eighty (680) participants were selected as sample size for the study. The data collection instruments for the study were structured questionnaire and personal interview. Data analysis was performed with the aid of simple percentage, mean, chi-square and linear Regression. Results revealed that involvement of women in entrepreneurship (β = 0.310, t = 17.175, P<.001) have positive and significant influence on sustainable economic development. Results also indicated that majority of women have been empowered by voting in elections, have access to education, and they have benefited from empowerment training. Furthermore, result indicated that involvement of women in entrepreneurial activities accounted for 30.3% of the variation which was explained by the model while extraneous variables accounted for about 69.7%. Results so revealed that lack of access to finance, work/home conflict and lack of moral support from family members are major challenges facing women entrepreneurs in Nigeria. Study concluded that involvement of women in entrepreneurship is a catalyst to the sustainable economic development. The study recommended the establishment of Women Entrepreneurship Development Centre (WEDC) by the federal/state government in collaboration with private sector to provide financial assistance, business advice, mentorship and other practicable support in order to empower the Nigerian women towards realization of the self-employment aspirations.
Research paper
Keywords: Women Entrepreneurs, Entrepreneurship, Sustainable Economic Development, Challenges
Reference to this paper should be made as follows: Sajuyigbe, A. S., & Fadeyibi, I. O. (2017). Women Entrepreneurship and Sustainable Economic Development: Evidence from South Western Nigeria, Journal of Entrepreneurship, Business and Economics, 5(2), 19–46
Comprehensive Interpretation of Leadership from the Narratives in Literature
Get PDFNarrative writings in literature are ample source of knowledge and are most easily understandable. In every old tradition, we find that people learn ethics and morality through oral forms of literature including short stories, ballads, and various other types of the genre. These narratives used to have tremendous influence on the listeners and readers seeking lessons in leadership. India, just like any other traditional country, has been rich in such genres whose practitioners effectively transmitted the required knowledge or the motivation to the learners in particular and the masses in general. The objective of this paper is to analyse and discus the art and craft of such stories which were useful in communicating the ideals of leadership. We assume that while leadership lessons can be learned from the study of literary writings, they can also be a valuable resource material for innovative learning the management skills. The role of the leader can be familiarly communicated in the form of the tales. Describing a positive psychological narrative from the text is the best way to manifesting an idea in to the minds of people.
Research paper
Keywords: Leadership, Literature, Management, Psychology
Reference to this paper should be made as follows: Kaushal, N., Mishra, S. (2017). Comprehensive Interpretation of Leadership from the Narratives in Literature, Journal of Entrepreneurship, Business and Economics, 5(2), 64–86
Creating knowledge management with the role of leadership and organizational culture
Get PDFThe research was conducted to determine whether the leaderhsip and organizational culture have positive and significant impact on knowledge management at State Owned-Port Company. This study has three variables, namely the leaderhsip and organizational culture as an independent variable and knowledge management as the dependent variable. Data obtained from interviews and questionnaires were distributed to the employee population at State Owned-Port Company This research method uses descriptive method and verification method. Data processing is performed using path analysis. The result of this study indicate that leadership has a significant influence 12,8% on knowledge management and organizational culture has a significant influence 26,7% on knowledge management at State Owned-Port Company. Simultaneously, leadership and organizational culture have total influence 0,958 on knowledge management at State Owned-Port Company.
Research paper
Keywords: Leadership, Organizational Culture, Knowledge Management
Reference to this paper should be made as follows: Pringgabayu, D., & Ramdlany, D. M. A. (2017). Creating knowledge management with the role of leadership and organizational culture, Journal of Entrepreneurship, Business and Economics, 5(2), 147–171
External Reserve on Economic Growth in Nigeria
Get PDFThis study examined relationship between external reserves and economic growth in Nigeria from 1981 to 2014. The study used the Ordinary least squares econometric method of analysis. The result of the study showed that external reserves had positive and significant influence on the economic growth in Nigeria. Based on the major finding of this study, it was concluded that external reserve in Nigeria has over the period of study contributed positively and significantly to the growth of the economy. Thus, the study recommended the need for prudent management of Nigerian’s external reserves to ensure more growth and also that government should put in more policies that will enhance increased accumulation of external reserves.
Research paper
Keywords: External reserves, economic growth, OLS, Nigeria
Reference to this paper should be made as follows: Nwosa, P. I. (2017). External Reserves on Economic Growth in Nigeria, Journal of Entrepreneurship, Business and Economics, 5(2), 110–126
Evaluating the effect of managerial caution on real earnings management
Get PDFHigh emphasis on the profit and loss and the net profit has motivated the management to manipulate the company's activities in order to achieve the target profit and consequently created the concept of earnings management. On the other hand, according to uncertainty to reduce the likelihood of losses and better illustrate organizational performance researchers examined a new method as managerial caution. This issue is more important at the stock exchanges. Therefore, this study aimed to investigate the effect of managerial caution on real earnings management. For this purpose and in order to survey hypotheses after screening, 118 listed companies on the Tehran Stock Exchange (TSE), in the period of 2009 to 2013, were studied. The results showed that there is a significant negative relationship between managerial caution and real earnings management. This means that, in that period, the companies that have benefited from precautions management show less interest to use real earnings management actions and it has shown that using managerial caution leads to reduce the use of earnings management.
Research paper
Keywords: Managerial caution, Earnings management, Real earnings management
Reference to this paper should be made as follows: Hemmati, H., Taghizad, G., & Mahmoudi, S. (2017). Evaluating the effect of managerial caution on real earnings management, Journal of Entrepreneurship, Business and Economics, 5(2), 127–146
Invention, Innovation and Innovative practices
Get PDFInvention may be described as an action towards creating something new, typically a process or a device.' Innovation is described as an idea and its outcome interpreted as new by individuals and also seen as a multiple application of invention. Innovators are individuals who carry out innovation, create most of the wealth, new or a proportionate jump from the existing, while others tend to safeguard it. Much of the growth comes from innovators who may also be entrepreneurs (Gartner, 1989) leading to creation of employment. These innovators and even entrepreneurs bestow new value to old assets. Create entirely new fountains of wealth. Take the Indian example of Flipkart, Inmobi, Quikr, Olacabs, Paytm, Oyo rooms and many more who have created wealth with barely any base. Many large companies have also been successful in creation of wealth, like the Wipro, Bharti Telecom, TCS and many more companies of its kind. This wealth creation trend is similar around the world. Most of these Innovative companies have experienced the continuous challenge of volatility, uncertainty, complexity and ambiguity (VUCA) environment. The question is if innovation & entrepreneurship is restricted to start-ups? Some larger companies do also engage in creation of wealth and that is the basis of their profitable existence. Thus it is necessary to examine the factors why some companies are able to create more wealth and value than others! Why certain nations do better than others and what is the underlying cause for such successes in creation of wealth?
Research paper
Keywords: Invention, Innovation, Innovative practices, entrepreneurship, VUCA
Reference to this paper should be made as follows: Joshi, M. (2017). Invention, Innovation and Innovative practices: a reason to study in a VUCA perspective, Journal of Entrepreneurship, Business and Economics, 5(2), 87–109
Prediction of Earnings Management by Use of Multilayer Perceptron Neural Networks with Two Hidden Layers in Various Industries
Get PDFOver the last few years, increase in the number of financial crisis cases has attracted the attention of a great number of investors and creditors to the prediction of these cases by using the data available from financial statements of the corporations in order to prevent losses which are caused by them. Many of the studies about the earning management only focus on identifying the factors which affect the earnings management and relation between earnings management and these factors and not on using these factors in order to predict the earnings management. On the other hand, in the present study, 12 influential factors, which are introduced by former studies, are used to evaluate the predicting ability of the neural networks for prediction of earnings management and its different levels. Multilayer perceptron neural network with 2 hidden layers is used for prediction. Moreover, the required data is obtained from the financial statements of the listed companies of Tehran Stock Exchange (TSE). The results show that the applied neural network method has an acceptable ability for the prediction of earnings management and its different levels in all different studies industries.
Research paper
Keywords: Earnings management, Neural network, Multilayer perceptron, Accrual items
Reference to this paper should be made as follows: Mahmoudi, S., Mahmoudi, S., & Mahmoudi, A. (2017). “Prediction of Earnings Management by Use of Multilayer Perceptron Neural Networks with Two Hidden Layers in Various Industries”, Journal of Entrepreneurship, Business and Economics, Vol. 5, No. 1, pp. 216–236
A Comparison on Emotional Intelligence and Responsibility of the Female Intelligent versus Ordinary High School Students
Get PDFThe main aim of the present study is the analysis of the relationship between Emotional Intelligence and responsibility; thus, regarding the applied purpose and the data collection method, this study is a quantitative and non-experimental research; and in terms of conduction is descriptive of correlational type. The target population of this study comprises the entire female intelligent and ordinary students of Tehran who are enrolled at high school. The selected sample of this study is 220 students divided into 110 intelligent students and 110 ordinary students. The instrument of the study is the standard Daniel Goleman’s EI model questionnaires and Wright et al.’s (2008) PSQR standard questionnaire. The findings indicated that there is a meaningful discrepancy between intelligent and ordinary students’ EI and responsibility.
Research paper
Reference to this paper should be made as follows: Moradi, E. (2016). “A Comparison on Emotional Intelligence and Responsibility of the Female Intelligent versus Ordinary High School Students”, Journal of Entrepreneurship, Business and Economics, Vol. 4, No. 1, pp. 148–163
An Empirical Study of Academic and Non-academic Staff’s Job Satisfaction and Organizational Commitment in an Institute of Higher Learning
Get PDFNumerical studies have been conducted to determine the employees’ job satisfaction and organiza-tional commitment particularly in the corporates’ settings. There are few studies pertaining to the institutional staff’s job satisfaction and organizational commitment. Therefore, this study seeks to identify the influence of job satisfaction on organizational commitment among the academic and non-academic staff in institute of higher learning. The antecedent selected to identify the organization commitment was staff’s job satisfaction. Questionnaires were constructed and distributed to the aca-demic and non-academic staff of an institute of higher learning. This study identified three important findings namely male staff were more satisfied with their jobs compared to female staff, there was no significant difference between male and female staff on organizational commitment and levels of job satisfaction has significant influence on staff’s organizational commitment. The results showed that staff who were satisfied with their jobs demonstrated higher level of commitment and more unlikely to change their job.
Research paper
Reference to this paper should be made as follows: Seng, E. L. K.., Choi Wai, C. (2016). “An Empir-ical Study of Academic and Non-academic Staff’s Job Satisfaction and Organizational Commitment in an Institute of Higher Learning”, Journal of Entrepreneurship, Business and Economics, Vol. 4, No. 1, pp. 45–7
Evaluation of brand equity in software companies: Case Study of Chargon
Get PDFIT industry especially the software industry is of the growing industries in the world which has grown considerably in recent years. In such circumstances, there will be some companies which want to differentiate themselves from competitors and create a unique and favorable position in the minds of their own enterprise customers; one way to create a sustainable competitive advantage in these mar-kets that already has been less discussed is the creation of brand equity. Thus, the aim of this study is to evaluate brand equity in software companies that Chargon Company was selected. The statistical population included managers of Chargon’s subsidiary companies and their users that given the un-limited society, Cochrane formula has been used in unlimited population to determine sample size. Due to the minimal amount of sample that is 386 questionnaires, 500 questionnaires were distributed in the population. Structural equation modeling approach and SmartPLS.2 were used to analyzing collected data. The results show that emotional variables affect value on brand equity is 0.64. Also functional variables affect value on brand equity is 0.89.market behavior variable plays a positive mediating role between emotional variables and brand equity. On the other hand market behavior plays a negative mediating role between emotional variables and brand equity. Considering t-values higher than 1.96, the significance of relationships obtained is confirmed in 95% confidence level.
Research paper
Reference to this paper should be made as follows: Hosseini, A, Otarkhani, A., Shokouhyar, S. (2016). “Evaluation of brand equity in software companies: Case Study of Chargon”, Journal of En-trepreneurship, Business and Economics, Vol. 4, No. 2, pp. 182–200