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Journal cover: African Journal of Economic and Management Studies

African Journal of Economic and Management Studies

ISSN: 2040-0705

Online from: 2010

Subject Area: Regional Management Studies

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Motivation to become an entrepreneur: a study of Nigerian women's decisions


Document Information:
Title:Motivation to become an entrepreneur: a study of Nigerian women's decisions
Author(s):Satwinder Singh, (Brunel Business School, Brunel University, Uxbridge, UK), Ruth Simpson, (Brunel Business School, Brunel University, Uxbridge, UK), Chima Mordi, (Brunel Business School, Brunel University, Uxbridge, UK), Chinonye Okafor, (College of Business and Social Sciences, Covenant University, Ota, Nigeria)
Citation:Satwinder Singh, Ruth Simpson, Chima Mordi, Chinonye Okafor, (2011) "Motivation to become an entrepreneur: a study of Nigerian women's decisions", African Journal of Economic and Management Studies, Vol. 2 Iss: 2, pp.202 - 219
Keywords:Binary logistic model, Female entrepreneurs, Motivation, Nigeria, Rational choice theory, Women
Article type:Research paper
DOI:10.1108/20400701111165641 (Permanent URL)
Publisher:Emerald Group Publishing Limited
Abstract:

Purpose – The paper aims to draw on rational choice theory (RCT) to explore factors underpinning the decision by female entrepreneurs in Nigeria to enter self-employment.

Design/methodology/approach – A survey research design involving the use of questionnaire and structured interviews to obtain primary data was adopted. Primary data pertain to 300 female entrepreneurs currently engaged in their businesses in three states within the south-west of the country. A model developed from reviewed literature and multivariate logistic regression analysis was used to analyse data.

Findings – Findings suggest the significance of “educational” and “family” capital, an “internal” orientation to social recognition as well as an “external” environment characterised by deregulation of the economy. Results broadly conform to RCT theory postulates of rational behaviour.

Research limitations/implications – Inter-regional variances could not be addressed since the data are analysed in aggregate. Analysis of disaggregate data are required to study these differences and also those at the inter-sector (manufacturing/services, etc.) levels.

Practical implications – Results from the study indicate that the government measures such as de-regulation which may as yet be in small measures have started to work and that these should be continued. The government can go a step further and identify entrepreneurs with characteristics described in this paper and provide them with the requisite help to get them started on the entrepreneurship route.

Originality/value – The study makes a theoretical contribution by applying the lens of rational choice to this specific context. It also makes an original empirical contribution by focussing on an under-researched group by examining the influence of personal, social, market and environmental factors on the probability of females becoming entrepreneurs.



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