Institutional Environments and Youths Entrepreneurial Orientation: Evidence from Nigeria

Abstract

Entrepreneurial activities and venture creation among youths represent one of the key drivers of job creation and economic growth (OECD, 2016; Acs, 2006). What influences individual entrepreneur to business start-up remains an enduring issue of interest in academic research on entrepreneurship. Recent studies suggest that the institutional context plays a key role in influencing individual behaviour, as well as in facilitating entrepreneurial climate for new ventures. Consequently, this study draws on institutional theory as a valuable lens to investigate the extent to which the regulative, normative and cultural-cognitive environments affect individual entrepreneurial orientation (IEO) and self-employment among Nigerian youths. The study adopts a quantitative research approach, allowing for primary data collection conducted through survey questionnaire and administered to a sample of 482 student respondents. A three-stage hierarchical regression analysis was used to test the hypotheses and to investigate the predictability impact of the model. The result revealed that all three predictor variables (Institutional environments) made a statistical unique contribution to the model. However, the regulative and cognitive model made a statistically significant unique contribution to impacting the individual entrepreneurial orientation among the university educated Nigerian youths.

Description

Keywords

Institutional Environments, Youths, Individual Entrepreneurial Orientation

Citation

Ogunsade, I. A., Obembe, D., Woldesenbet Beta, K. and Vershinina, N. (2018) Institutional Environments and Youths Entrepreneurial Orientation: Evidence from Nigeria. British Academy of Management Conference, University of the West of England, 4-6 September.

Rights

Research Institute

Institute for Applied Economics and Social Value (IAESV)
Centre for Enterprise and Innovation (CEI)