Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria
Enhancing the functionality of a nation’s economy in the current globalization era requires a dynamic and adaptable entrepreneurial orientation attitude and mindset that can spur innovative ideas, business spirit, and ensure sustain operations in a volatile environment. In this study, seven distinct...
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Zaporizhzhia National University
2025-03-01
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| Series: | Менеджмент та підприємництво: тренди розвитку |
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| Online Access: | https://management-journal.org.ua/index.php/journal/article/view/571/309 |
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| author | Akeem Olanrewaju Ajani Noah Senu Padonu Olaseni A Tairu Abiodun Thomas Awoyemi |
| author_facet | Akeem Olanrewaju Ajani Noah Senu Padonu Olaseni A Tairu Abiodun Thomas Awoyemi |
| author_sort | Akeem Olanrewaju Ajani |
| collection | DOAJ |
| description | Enhancing the functionality of a nation’s economy in the current globalization era requires a dynamic and adaptable entrepreneurial orientation attitude and mindset that can spur innovative ideas, business spirit, and ensure sustain operations in a volatile environment. In this study, seven distinct business sectors - agriculture, construction, schools, real estate, manufacturing, finance and health, in Lagos State, Nigeria, were surveyed cross- sectional to examine entrepreneurial orientation and the development of selected family-owned SMEs: way forward to JAPA syndrome. Two parts of the questionnaire -biographical information and research questions are used to collect data. On the other hand, 217 respondents made up the sample size proportionately, with 31 participants chosen from each study focus. Data analysis was conducted using Pearson correlation statistical tool. According to the study, pro-activeness has a weak but positive correlation with SMEs development. In contrast, the development of family-owned businesses is greatly impacted by innovativeness and autonomy. To end the JAPA syndrome and translate it into economic strengths and opportunities, the government should intensify and vigorously encourage entrepreneurial orientation practices by providing good infrastructure amenities that can increase the development of SMEs and addressing emerging obstacles such as low productivity, unemployment, and insecurity caused by idleness, which stem from the threatening volatile environment. It is recommended that, Proactive measures be used to advance the development and survival of SMEs, and innovation should be pursued as a guiding principle for capacity and adaptability to manage the complexity of the environment. Additionally, business autonomy is considered a necessary component of success, and dynamic orientation should be incorporated to achieve organizational growth and development. |
| format | Article |
| id | doaj-art-d33976ff9b7d4e3cacacf3d1ac77252b |
| institution | DOAJ |
| issn | 2522-1566 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Zaporizhzhia National University |
| record_format | Article |
| series | Менеджмент та підприємництво: тренди розвитку |
| spelling | doaj-art-d33976ff9b7d4e3cacacf3d1ac77252b2025-08-20T03:23:35ZengZaporizhzhia National UniversityМенеджмент та підприємництво: тренди розвитку2522-15662025-03-0113211312410.26661/2522-1566/2025-1/31-10Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in NigeriaAkeem Olanrewaju Ajani0https://orcid.org/0000-0002-9860-3322Noah Senu Padonu1https://orcid.org/0009-0008-1100-4628Olaseni A Tairu2https://orcid.org/0009-0004-5936-1414Abiodun Thomas Awoyemi3https://orcid.org/0009-0004-2536-5417Lagos State University of Science and Technology, Ikorodu, Lagos State, NigeriaLagos State University of Science and Technology, Ikorodu, Lagos State, NigeriaLagos State University of Science and Technology, Ikorodu, Lagos State, NigeriaLagos State University of Science and Technology, Ikorodu, Lagos State, NigeriaEnhancing the functionality of a nation’s economy in the current globalization era requires a dynamic and adaptable entrepreneurial orientation attitude and mindset that can spur innovative ideas, business spirit, and ensure sustain operations in a volatile environment. In this study, seven distinct business sectors - agriculture, construction, schools, real estate, manufacturing, finance and health, in Lagos State, Nigeria, were surveyed cross- sectional to examine entrepreneurial orientation and the development of selected family-owned SMEs: way forward to JAPA syndrome. Two parts of the questionnaire -biographical information and research questions are used to collect data. On the other hand, 217 respondents made up the sample size proportionately, with 31 participants chosen from each study focus. Data analysis was conducted using Pearson correlation statistical tool. According to the study, pro-activeness has a weak but positive correlation with SMEs development. In contrast, the development of family-owned businesses is greatly impacted by innovativeness and autonomy. To end the JAPA syndrome and translate it into economic strengths and opportunities, the government should intensify and vigorously encourage entrepreneurial orientation practices by providing good infrastructure amenities that can increase the development of SMEs and addressing emerging obstacles such as low productivity, unemployment, and insecurity caused by idleness, which stem from the threatening volatile environment. It is recommended that, Proactive measures be used to advance the development and survival of SMEs, and innovation should be pursued as a guiding principle for capacity and adaptability to manage the complexity of the environment. Additionally, business autonomy is considered a necessary component of success, and dynamic orientation should be incorporated to achieve organizational growth and development.https://management-journal.org.ua/index.php/journal/article/view/571/309entrepreneurial orientationsmesfamily-ownedjapa syndromedevelopment |
| spellingShingle | Akeem Olanrewaju Ajani Noah Senu Padonu Olaseni A Tairu Abiodun Thomas Awoyemi Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria Менеджмент та підприємництво: тренди розвитку entrepreneurial orientation smes family-owned japa syndrome development |
| title | Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria |
| title_full | Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria |
| title_fullStr | Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria |
| title_full_unstemmed | Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria |
| title_short | Entrepreneurial orientation and family-owned SMEs development: way forward to ‘JAPA’ syndrome in Nigeria |
| title_sort | entrepreneurial orientation and family owned smes development way forward to japa syndrome in nigeria |
| topic | entrepreneurial orientation smes family-owned japa syndrome development |
| url | https://management-journal.org.ua/index.php/journal/article/view/571/309 |
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