Nigeria Social Enterprise Perception on Social Issues, Profit Maximization, Innovation, and Knowledge Sharing for Poverty Eradication

Volume 7, Issue 2 Sunday Adewale Olaleye, Ismaila Temitayo Sanusi, Oluwaseun Alexander Dada
Published online: 30 April 2021
Article Views: 30

AbstractReferencesCite Poverty alleviation is one of the significant problems that social enterprise wants to solve. It could be absolute, relative, generational, situational, urban, or rural poverty in Africa. There are scanty literature and a shallow understanding of how technology intervenes for social entrepreneurship in a developing context. This study was conducted to address the identified gap. Quantitative method was used to gather data from the respondents utilizing Nigerian samples. This study used SPSS ver. 26 and Python for the descriptive statistics and 5 Likert Scales data analysis for 33 measurement items. The result shows that Nigeria’s social enterprise focused on social issues such as social vision, social need, social change, social goal, social value, social mission, and social efforts. The knowledge of SME owners’ insights on business start-ups in Nigeria and how social entrepreneurship could facilitate business growth and renewal is essential for future pursuit of social entrepreneurship. The importance of communication, operational, social, and collaborative technology was highlighted, and the study concluded with limitations and future research opportunities.
- Adanlawo, E. F., Vezi-Magigaba, M., & Owolabi, O. C. (2021). Small and medium-scale enterprises in Nigeria: The effect on the economy and people’s welfare. African Journal of Development Studies (formerly AFFRIKA Journal of Politics, Economics and Society), 11(2), 163–181. doi:https://doi.org/10.31920/2634-3649/2021/v11n2a9
- Boris, T. E., & Sergey, S. I. (2018). Marketing of innovative startup. International Journal of Business and Economic Affairs, 3(3), 91-100. doi:https://doi.org/10.24088/ijbea-2018-33001
- Cross, J. (2013). The 100th object: Solar lighting technology and humanitarian goods. Journal of Material Culture, 18(4), 367–387. doi:https://doi.org/10.1177/1359183513498959
- Dees, J. G. (2021). The meaning of social entrepreneurship. Retrieved from https://bit.ly/371FpEi
- Diaz, I., Chiaburu, D. S., Zimmerman, R. D., & Boswell, W. R. (2012). Communication technology: Pros and cons of constant connection to work. Journal of Vocational Behavior, 80(2), 500–508. doi:https://doi.org/10.1016/j.jvb.2011.08.007
- Dillenbourg, P. (1999). What do you mean by collaborative learning. In P. Dillenbourg (Ed.), Collaborative-learning: Cognitive and computational approaches (p. 1-19). Oxford, UK: Elsevier.
- Dufays, F., & Huybrechts, B. (2014). Connecting the dots for social value: A review on social networks and social entrepreneurship. Journal of Social Entrepreneurship, 5(2), 214–237. doi:https://doi.org/10.1080/19420676.2014.918052
- Eniola, A. A., & Entebang, H. (2015). SME firm performance-financial innovation and challenges. Procedia-Social and Behavioral Sciences, 195, 334–342. doi:https://doi.org/10.1016/j.sbspro.2015.06.361
- Galvin, M. D., & Iannotti, L. (2015). Social enterprise and development: The kickstart model. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, 26(2), 421–441.
- Gartner. (2020). Social technologies. Retrieved from https://gtnr.it/2VfVrIl
- Gbadegeshin, S. A., Oyelere, S. S., Olaleye, S. A., Sanusi, I. T., Ukpabi, D. C., Olawumi, O., & Adegbite, A. (2019). Application of information and communication technology for internationalization of Nigerian small-and medium-sized enterprises. The Electronic Journal of Information Systems in Developing Countries, 85(1), 1-17. doi:https://doi.org/10.1002/isd2.12059
- Gopalkrishnan, S. S. (2013). A new resource for social entrepreneurs: Technology. American Journal of Management, 13(1), 66–78.
- Hahn, A. (2016). Operational technology and information technology in industrial control systems. In E. Colbert & A. Kott (Eds.), Cyber-security of SCADA and other industrial control systems. advances in information security. Cham, Switzerland: Springer. doi:https://doi.org/10.1007/978-3-319-32125-7_4
- Harrysson, M., Schoder, D., & Tavakol, A. (2016). The evolution of social technologies. Silicon Valley, CA: McKinsey Quarterly.
- Horwitch, M., & Mulloth, B. (2008). The interlinking of entrepreneurs, grassroots movements, public policy and hubs of innovation: The rise of cleantech in New York city. The Journal of High Technology Management Research, 21(1), 23-30. doi:https://doi.org/10.1109/PICMET.2008.4599799
- Ioni ̧ta, D., Olaleye, S. A., & Oni ̧sor, L.-F. (2020). Using a digital platform to support market research for SMEs. In ̆ Proceedings of the 3rd International Conference on Economics and Social Sciences Innovative Business Model to Restart the Global Economy, Bucharest University of Economic Studies, Romania.
- Jackson, M. H. (1996). The meaning of “communication technology”: The technology-context scheme. Annals of the International Communication Association, 19(1), 229–267. doi:https://doi.org/10.1080/23808985.1996.11678932
- Kickul, J., Gundry, L., Mitra, P., & Berçot, L. (2018). Designing with purpose: Advocating innovation, impact, sustainability, and scale in social entrepreneurship education. Entrepreneurship Education and Pedagogy, 1(2), 205–221. doi:https://doi.org/10.1177/2515127418772177
- Martínez-Climent, C., Zorio-Grima, A., & Ribeiro-Soriano, D. (2018). Financial return crowdfunding: Literature review and bibliometric analysis. International Entrepreneurship and Management Journal, 14(3), 527–553. doi:https://doi.org/10.1007/s11365-018-0511-x
- Moretti, D. M., Alves, F. C., & Bomtempo, J. V. (2020). Entrepreneurial-oriented strategic renewal in a Brazilian SME: A case study. Journal of Small Business and Enterprise Development, 27(2), 219-236. doi:https://doi.org/10.1108/JSBED-07-2019-0254
- Nga, J. K. H., & Shamuganathan, G. (2010). The influence of personality traits and demographic factors on social entrepreneurship start up intentions. Journal of Business Ethics, 95(2), 259–282. doi:https://doi.org/10.1007/s10551-009-0358-8
- Nyqvist, J. (2020). Operational technology definition and differentiation: In the context of operational systems in Sweden (Bachelor thesis). University of Skövde, Skövde, Sweden.
- Ogbo, A., Igwe, A., Ezeobi, J., Modebe, N., & Ume, E. (2019). The impact of social entrepreneurship on the sustainability of selected small and medium enterprises in Nigeria. Advances in Research, 19(2), 1–15. doi: https://doi.org/10.9734/air/2019/v19i230116
- Olaleye, S. A., Mogaji, E., Watat, J. K., & Ukpabi, D. (2020). The influence of social vision, social networks, and financial return on social SME sustainability. In The changing role of SMEs in global business (p. 133-153). Cham, Switzerland: Palgrave Macmillan. doi:https://doi.org/10.1007/978-3-030-45835-5_7
- Olaleye, S. A., Ukpabi, D., Karjaluoto, H., & Rizomyliotis, I. (2019). Understanding technology diffusion in emerging markets: The case of Chinese mobile devices in Nigeria. International Journal of Emerging Markets, 14(5), 731-751.
- Olaleye, S. A., Watat, J. K., Adusei, A. G., & Balogun, O. S. (2020). The mediation of financial return between innovation and sustainability of small social entrepreneurship: A case of developing country. In Proceedings of the 35th International Business Information Management Association Conference (IBIMA), Seville, Spain.
- Patrignani, N., & Whitehouse, D. (2015). Slow tech: Bridging computer ethics and business ethics. Information Technology & People, 28(4), 775-789. doi:https://doi.org/10.1108/ITP-08-2015-0191
- Peng, D. X., & Lai, F. (2012). Using partial least squares in operations management research: A practical guideline and summary of past research. Journal of Operations Management, 30(6), 467–480. doi:https://doi.org/10.1016/j.jom.2012.06.002
- Qiong, O. (2017). A brief introduction to perception. Studies in Literature and Language, 15(4), 18–28. doi:http://dx.doi.org/10.3968/10055
- Qualtrics. (2020). Qualtrics software. Retrieved from https://www.qualtrics.com/
- Richardson, S. M., Kettinger, W. J., Banks, M. S., & Quintana, Y. (2014). It and agility in the social enterprise: A case study of st jude children’s research hospital’s “cure4kids” IT-platform for international outreach. Journal of the Association for Information Systems, 15(1), 1-32. doi:http://dx.doi.org/10.17705/1jais.00351
- Roschelle, J., & Teasley, S. D. (1995). The construction of shared knowledge in collaborative problem solving. In computer supported collaborative learning. Berlin, Germany: Springer. doi:https://doi.org/10.1007/978-3-642-85098-1_5
- Rosenberg International Franchise Center. (2020). UNH Research Center Develops Global Social Franchise Index. Retrieved from https://bit.ly/3rDZ1ry
- Rudd, M. A. (2000). Live long and prosper: collective action, social capital and social vision. Ecological Economics, 34(1), 131–144. doi:https://doi.org/10.1016/S0921-8009(00)00152-X
- Smith, P. A., & Sharicz, C. (2011). The shift needed for sustainability. The Learning Organization, 18(1), 73-86. doi:https://doi.org/10.1108/09696471111096019
- Tidd, J., & Bessant, J. R. (2020). Managing innovation: integrating technological, market and organizational change. Hoboken, UK: John Wiley & Sons.
- Topleva, S. A., & Prokopov, T. V. (2020). Integrated business model for sustainability of small and medium-sized enterprises in the food industry: Creating value added through ecodesign. British Food Journal, 122(5), 1463-1483. doi:https://doi.org/10.1108/BFJ-03-2019-02
- Urpelainen, J., & Yoon, S. (2016). Solar products for poor rural communities as a business: Lessons from a successful project in Uttar Pradesh, India. Clean Technologies and Environmental Policy, 18(2), 617–626. doi:https://doi.org/10.1007/s10098-015-1028-4
- Vargas-Hernandez, J. G., & Gonzalez, O. C. V. (2020). Innovation in utility craftsmanship: Analysis based on human capital. International Journal of Business and Economic Affairs, 5(1), 42-50. doi:https://doi.org/10.24088/ijbea-2020-51005
- Varrella, S. (2019). Poverty headcount rate in Nigeria 2019 by state. Retrieved from https://bit.ly/3f1je5T
- Venables, M. (2020). How to get information technology and operational technology staff to work in harmony. Retrieved from https://bit.ly/3rJv7Cr
- Virtual Armour. (2020). Operational technology vs. information technology: Differences, similarities, & how the intermix with industrial control systems. Retrieved from https://bit.ly/2Wf7BBx
- Wan, G., Wang, C., & Zhang, X. (2021). The poverty-growth-inequality triangle: Asia 1960s to 2010s. Social Indicators Research, 153(3), 795–822. doi:https://doi.org/10.1007/s11205-020-02521-6
- Warnecke, T., & Houndonougbo, A. N. (2016). Let there be light: Social enterprise, solar power, and sustainable development. Journal of Economic Issues, 50(2), 362–372. doi:https://doi.org/10.1080/00213624.2016.1176479
- Zameer, H., Shahbaz, M., & Vo, X. V. (2020). Reinforcing poverty alleviation efficiency through technological innovation, globalization, and financial development. Technological Forecasting and Social Change, 161, 1-10. doi:https://doi.org/10.1016/j.techfore.2020.120326
- Zhang, D. D., & Swanson, L. A. (2014). Linking social entrepreneurship and sustainability. Journal of Social Entrepreneurship, 5(2), 175–191. doi:https://doi.org/10.1080/19420676.2014.880503
Olaleye, S. A., Sanusi, I. T., & Dada, O. A. (2021). Nigeria social enterprise perception on social issues, profit maximization, innovation, and knowledge sharing for poverty eradication. International Journal of Business and Administrative Studies, 7(2), 107-116. doi: https://dx.doi.org/10.20469/ijbas.7.10005-2
|