Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity
Poverty rates in Sub-Saharan Africa (SSA) have risen, with 47% of the region’s population living in poverty. In Nigeria, approximately 87 million are classified as extremely poor. Existing research on the relationship between entrepreneurship and poverty in this region is fragmented and inconsistent...
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| Format: | Article |
| Language: | English |
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University of South Florida (USF) M3 Publishing
2024-09-01
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| Series: | Journal of Global Business Insights |
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| Online Access: | https://digitalcommons.usf.edu/globe/vol9/iss2/1 |
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| author | Bashir Bugaje Azmawani Abd Rahman Rusmawati Said Jo Ho Abubakar Adamu |
| author_facet | Bashir Bugaje Azmawani Abd Rahman Rusmawati Said Jo Ho Abubakar Adamu |
| author_sort | Bashir Bugaje |
| collection | DOAJ |
| description | Poverty rates in Sub-Saharan Africa (SSA) have risen, with 47% of the region’s population living in poverty. In Nigeria, approximately 87 million are classified as extremely poor. Existing research on the relationship between entrepreneurship and poverty in this region is fragmented and inconsistent. Traditional economic measures of poverty have proven inadequate, prompting the need for a multidimensional approach. The paper examined the mediating effect of entrepreneurial activity on the relationship between the precursors of entrepreneurship and poverty. The study used a survey method and partial least squares structural equation modeling (PLS-SEM) to analyze the data, which confirmed all hypotheses, revealing significant direct relationships except for uncertainty avoidance. The findings suggest that access to finance, entrepreneurial potential, individualism, and masculinity’s impact on poverty are mediated by entrepreneurial activity. The paper advocates for an increase in formal and informal funding and suggests that government programs should emphasize skill development over business programs. This study enriches the existing literature by detailing the mediating effect of entrepreneurial activity on poverty drivers. |
| format | Article |
| id | doaj-art-7a1127a7a2dd4a74b7e07b21cf60a387 |
| institution | DOAJ |
| issn | 2640-6489 |
| language | English |
| publishDate | 2024-09-01 |
| publisher | University of South Florida (USF) M3 Publishing |
| record_format | Article |
| series | Journal of Global Business Insights |
| spelling | doaj-art-7a1127a7a2dd4a74b7e07b21cf60a3872025-08-20T03:05:30ZengUniversity of South Florida (USF) M3 PublishingJournal of Global Business Insights2640-64892024-09-019210.5038/2640-6489.9.2.1261Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activityBashir Bugaje0Azmawani Abd Rahman1Rusmawati Said2Jo Ho3Abubakar Adamu4Ahmadu Bello UniversityUniversity of Putra MalaysiaUniversity of Putra MalaysiaUniversity of Putra MalaysiaAhmadu Bello UniversityPoverty rates in Sub-Saharan Africa (SSA) have risen, with 47% of the region’s population living in poverty. In Nigeria, approximately 87 million are classified as extremely poor. Existing research on the relationship between entrepreneurship and poverty in this region is fragmented and inconsistent. Traditional economic measures of poverty have proven inadequate, prompting the need for a multidimensional approach. The paper examined the mediating effect of entrepreneurial activity on the relationship between the precursors of entrepreneurship and poverty. The study used a survey method and partial least squares structural equation modeling (PLS-SEM) to analyze the data, which confirmed all hypotheses, revealing significant direct relationships except for uncertainty avoidance. The findings suggest that access to finance, entrepreneurial potential, individualism, and masculinity’s impact on poverty are mediated by entrepreneurial activity. The paper advocates for an increase in formal and informal funding and suggests that government programs should emphasize skill development over business programs. This study enriches the existing literature by detailing the mediating effect of entrepreneurial activity on poverty drivers.https://digitalcommons.usf.edu/globe/vol9/iss2/1access to financenational cultureself-efficacyentrepreneurial capacitypoverty |
| spellingShingle | Bashir Bugaje Azmawani Abd Rahman Rusmawati Said Jo Ho Abubakar Adamu Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity Journal of Global Business Insights access to finance national culture self-efficacy entrepreneurial capacity poverty |
| title | Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity |
| title_full | Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity |
| title_fullStr | Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity |
| title_full_unstemmed | Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity |
| title_short | Antecedents of entrepreneurial activity and poverty: Mediating effect of entrepreneurial activity |
| title_sort | antecedents of entrepreneurial activity and poverty mediating effect of entrepreneurial activity |
| topic | access to finance national culture self-efficacy entrepreneurial capacity poverty |
| url | https://digitalcommons.usf.edu/globe/vol9/iss2/1 |
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