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Agbim, Kenneth Chukwujioke; Oriarewo, Godday Orziemgbe; Owutuamor, Zechariahs Benapugha (2013)
Publisher: Journal Of Business Management & Social Sciences Research
Journal: Journal Of Business Management & Social Sciences Research
Languages: English
Types: Article
Subjects: Business Management, Anambra State, Entrepreneurs, Entrepreneurial capabilities, Entrepreneurial leadership, Sustained entrepreneurial capabilities
Owing to the entrepreneurial nature of Igbo people and the importance of entrepreneurial leadership capabilities as a source of sustained entrepreneurial success to nascent and experienced entrepreneurs, this study assessed the effects of the dimensions of entrepreneurial leadership (strategic, communicative, personal and motivational factors) on sustained entrepreneurial success. The study also investigated the influence of demographic variables (age, gender, highest educational attainment and entrepreneurial experience) on entrepreneurial leadership capabilities. Using two sets of questionnaire, survey data were purposively collected from entrepreneurs across the manufacturing, service and trade sectors, and from the stakeholders. The generated data were analysed using multiple regression and Analysis of Variance (ANOVA). The results revealed that the dimensions of entrepreneurial leadership have positive effects on sustained entrepreneurial success, while differences in the demographic variables influence entrepreneurial leadership capabilities. We conclude that entrepreneurial leadership enhances sustained entrepreneurial success. Thus, we suggest that entrepreneurs should endeavour to think and act strategically, develop verbal and non-verbal communication skills, cultivate good personality traits, and develop good motivational skills. Also, younger, nascent and female entrepreneurs should be exposed to programmes that will enhance their entrepreneurial leadership capabilities.
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