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Publication Title • Effect of Strategic Planning on the Performance of Small and Medium Scale Enterprises in Nigeria, Evidence from Delta State Download PDF
Publication Type journal
Publisher Asian Journal of Economics, Business and Accounting
Publication Authors Chukwuka, Ernest Jebolise; Imide Grace
Year Published 2022-07-08
Abstract • The study investigated the connection between success in the SME sector and the adoption of strategic planning. Despite what appears to be improved institutional support for the sector and an apparent increase in interest in starting small and medium-sized businesses in Nigeria, performance seems to be falling short of expectations. According to several reports, the poor performance of SMEs may be caused by a variety of attitudes toward strategic planning. With the use of SPSS, a descriptive and regression analysis was performed. Findings of the study include the fact that market share growth in Delta state was significantly and favorably impacted by the implementation of strategic plans. In Delta State, there was a substantial and favorable correlation between the development of the strategic plan and the profitability of small and medium-sized enterprises. The examination of cross-functional decisions has a considerable and favorable impact on customer satisfaction in Delta State. The use of strategic planning as a concept and method to achieve organizational performance is recommended for the Small and Medium Enterprises in Delta State, Nigeria.
Publication Title • Effect of Human Resource Management Practices on Employee Retention and Performance in Nigerian Insurance Industry Download PDF
Publication Type journal
Publisher World Journal of Research and Review
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2018-04-04
Abstract • This study presents an empirical investigation of the effect of Human Resource Management Practices on Employee Retention and Performance in Nigerian Insurance Industry. This study was motivated by the need to solve the problem of high employee turnover in Nigerian Insurance Industry.Employee turnover is an enemy of productivity and increases cost of running a business. Human Resources (HR) are the most valuable asset of any organization that is why incessant increase in turnover of skillful human resource in an organization will create a gap that will take time to fill at extra cost. This study was guided by two key objectives, from which appropriate research questions and hypotheses were formulated. The specific objectives of this study were:(1) determine the nature of relationship between Human Resource Management Practices and employee retention in Nigerian Insurance Industry.(2) Ascertain the extent of correlation between Human Resource Management Practices and employee performance in Nigerian Insurance Industry. A Sample size of 250 was determined from the population of 785 drawn from Management and staff of selected firms from insurance industry using Taro Yamene’s formula. The data collection was by questionnaire structured in five point Likert scale. The study concludes from the result as confirmed by the survey that there was a weak and insignificant effect of HRM practices on employee Retention in Nigerian Insurance Industry. However, the study also confirmed that HRM practices have a positive and significant effect on employee performance. This paper strongly recommends that Government through NAICOM should help to check the high handedness of some insurance firms on their employees. Some of the insurance firms fail to implement Nigerian labour laws and employee work benefits.
Publication Title • Sustainability-Oriented Practices of Eco-innovation, Eco-commitment on Organizational performance of Selected Manufacturing Firms in a Developing Economy Download PDF
Publication Type journal
Publisher World Journal of Research and Review
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2018-04-04
Abstract • This study presents an empirical investigation of Sustainability oriented practices of Eco-innovation, Eco-commitment and organizational performance of a developing economy. This study was also motivated by the need to solve the environmental problems caused by the activities of profit driven entrepreneurs in developing economy as well as exploring the benefits to organizations. The study was guided by three key objectives, from which appropriate research question and hypotheses were formulated. The specific objectives of this study were (1) to ascertain the extent to which eco-commitment practice affect the selected manufacturing firms employee job satisfaction. (2) To establish the degree to which eco-innovation affect market share of selected manufacturing firms in a developing economy. This study adopted the survey design. Simple random sampling technique was used in selecting the 10 manufacturing firms in Nigeria. A sample size of 543 respondents was determined from the population of 5705 drawn from management, middle and lower cadre of the selected manufacturing firms using Cochran (1977) statistical formula. A stratified sampling technique was also used to determine the proportional allocation of questionnaire to management cadre, middle cadre and lower cadre. Designed questionnaire and personal interview were used for primary data collection. The questionnaire was structured on 5-point Likert scale. The validity of the instrument was ascertained using content validity. The instrument was checked for Reliability using test re-test method through Cronbach alpha with a value of 0.90, which shows consistency in the items of survey. Data were analyzed and the hypotheses were tested using linear regression analysis. Probability level of significance was given at 5%. Data were presented using simple percentage. Findings revealed that Eco-commitment practice had a significant and positive effect on employee job satisfaction (r=.514a;F=88.065;T=9.384;p-.000). Eco-innovation had a positive effect on the market share of selected manufacturing firms in a developing economy. In conclusion, the implementation of green business practices, principles and processes will lead to very positive outcome that will be visibly manifested in the organization and the environment.
Publication Title • Green business practice; Ecopreneur; developing economy; Productivity; Performance; Manufacturing firms Download PDF
Publication Type journal
Publisher International Journal of Development and Management Review
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2018-06-13
Abstract • This study presents an empirical investigation of the effect of green business practices on organizational performance of selected manufacturing firms in Nigeria. This study was also motivated by the urgent need to solve the environmental problems caused by the activities of profit driven entrepreneurs in developing economy as well as exploring the benefits to organizations. The study was guided by one key objective, from which appropriate research question and hypothesis were formulated. The specific objective of this study was to determine the extent to which green business practices affect the manufacturing firm„s productivity in Nigeria. This study adopted the survey design. Simple random sampling technique was used in selecting the 10 manufacturing firms in Nigeria. A sample size of 543 respondents was determined from the population of 5705 drawn from management, middle and lower cadre of the selected manufacturing firms using Cochran (1977) statistical formula. A stratified sampling technique was also used to determine the proportional allocation of questionnaire to management cadre, middle cadre and lower cadre. Designed questionnaire and personal interview were used for primary data collection. The questionnaire was structured on 5-point Likert scale. The validity of the instrument was ascertained using content validity. The instrument was checked for reliability using test re-test method through Cronbach alpha, with a value of 0.90, which shows consistency in the items of survey. Data were analyzed and the hypotheses were tested using linear regression analysis. Probability level of significance was given at 5%. Data were presented using simple percentages. Findings revealed that green business initiatives had significant and positive effect on the selected manufacturing firm„s productivity (r=.756, F=346.024; T=18.602;p=.000). In conclusion, the implementation of green business practices, principles and processes -2- will lead to very positive outcome that will be visibly manifested in the organization and the environment.
Publication Title Effect of Ecopreneurship on Organizational Performance of Selected Manufacturing Firms in Africa, Evidence from Nigeria. Download PDF
Publication Type journal
Publisher Singaporean Journal of Business Economics and Management Studies (SJBEM)
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2018-06-02
Abstract • This study presents an empirical investigation of the effect of Ecopreneurship on organizational performance of selected manufacturing firms in Nigeria. This study was motivated by the need to solve the environmental problems caused by the activities of profit driven entrepreneurs as well as exploring the benefits to organizations. The study was guided by two key objectives, from which appropriate research questions and hypotheses were formulated. The specific objectives of this study were: (i) ascertain the extent to which ecological sustainability practices affect the profitability of selected manufacturing firms in Nigeria (ii) establish the degree to which eco-innovation affects market share of selected manufacturing firms in Nigeria. This study adopted the survey design. Simple random sampling technique was used in selecting the 10 manufacturing firms in Nigeria based on the rich ecopreneurship profiles and mode of operations of the manufacturing firms in Nigeria. A sample size of 543 respondents was determined from the population of 5705 drawn from management, middle and lower cadre of the selected manufacturing firms using Cochran (1977) statistical formula. A stratified sampling technique was also used to determine the proportional allocation of questionnaire to management cadre, middle cadre and lower cadre. Designed questionnaire and personal interview were used for primary data collection. The questionnaire was structured on 5-point Likert scale. The validity of the instrument was ascertained using content validity. The instrument was checked for Reliability using test re-test method through Cronbach alpha with a value of 0.90, which shows consistency in the items of survey. Data were analyzed and the hypotheses were tested using linear regression analysis. Probability level of significance was given at 5%. Data were presented using simple percentage. Findings revealed that Ecological sustainability had a positive and significant effect on the profitability of the selected manufacturing firms in Nigeria. Eco-innovation had a positive effect on the market share of selected manufacturing firms of south-south, Nigeria. In conclusion, the implementation of ecopreneurship practices, principles and processes will lead to very positive outcome that will be visibly manifested in the organization and the environment. The recommendations were ecopreneurship courses should be incorporated into the current entrepreneurship education curriculum. Governments should give incentives, subsidies to ecopreneurship firms by way of tax waivers and policy support.
Publication Title Entrepreneurial Potentials of COVID-19 Vaccination Download PDF
Publication Type journal
Publisher International Journal of TROPICAL DISEASE & Health
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2021-10-29
Abstract The study investigated the entrepreneurial potentials of COVID-19 vaccination. The objective of the study is to identify entrepreneurial potentials in COVID-19 vaccination, to determine the business viability of COVID-19 vaccine production and to identify how an entrepreneur can contribute to covid-19 vaccination. A descriptive survey research design was adopted for the study. The sample of the study was achieved using random sampling technique. The sample for this study was 69 respondents. These respondents were selected sixty nine (69) employees of health Centres and hospitals dispensing COVID-19 vaccines in Nigeria. The instrument used to collect data was the questionnaire. The data collected were analyzed using simple percentage, mean, standard and chi square. The overall finding of the study are that there is entrepreneurial potential in covid-19 vaccination, sales of vaccine, production of vaccine and distribution of vaccine are the entrepreneurial potentials in COVID-19 vaccination; the study also revealed that there is significant and positive relationship between Covid-19 vaccine production and profitability and It was also discovered that entrepreneurial innovation made Covid-19 vaccines possible and a viable business model. High demand of COVID-19 vaccine, global acceptance of the COVID-19 vaccine, effectiveness of the vaccine has made COVID-19 vaccine production a viable business. Base on the findings of the study, the following recommendations were made among others that government officials should support a more productive interaction and collaboration between them and pharmaceutical firms with a focus on capacity building for entrepreneurship development.
Publication Title Effect of Covid-19 on Small and Medium Scale Businesses in Nigeria Download PDF
Publication Type journal
Publisher International Journal of Research and Innovation in Social Science (IJRISS)
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2021-11-11
Abstract The study examined the effect of COVID 19 on small and medium businesses in Nigeria. The objective of the study is to investigate the impact of COVID-19 on small and medium businesses. To ascertain the impact of government COVID-19 safety protocols on the performance of small businesses and to find out ways of minimizing the impact of COVID - 19 on small and medium businesses in Nigeria. A descriptive survey research design was adopted for the study. The sample of the study was achieved using random sampling technique. The sample for this study was 400 respondents. These respondents were selected from proprietor/ proprietress of small and medium scale enterprises in Asaba. The instrument used to collect data was the questionnaire. The data collected were analyzed using simple percentage, mean, standard and chi square. The overall findings of the study are that Covid-19 safety protocols have significant and positive effect on SMEs performance. The study discovered that Covid-19 impact on small and medium businesses can be reduced through increase engagement on digital online businesses; the study also reveals that shortage of supplies, production stoppage and suspension, reduces product lines/ingredient and short?term change in production are impact of COVID - 19 on small and medium businesses in Asaba Metropolis and the study also discovered that government guidelines related to Covid19 has impact on performance of small businesses which are inflation, smooth transaction, prevention of transmission of the virus in the cause of transaction and reduction of crowd in business environment.
Publication Title Effects of Medical Tourism on Economic Growth of Nigeria Download PDF
Publication Type journal
Publisher International Journal of Research and Innovation in Social Science (IJRISS)
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2021-10-10
Abstract Tourism is one of the fastest growing industries in the world. It embraces areas of Physical attractions like falls and rocks and so on; Manmade like amusement and holiday resorts; Wild life based attractions like games, gardens and fishing grounds; Cultural attractions like festivals, arts and crafts; Sports like local, regional and international; and Business tourism like seminars conferences and meetings. The focus of this study is to investigate the effects of medical Tourism on Nigerian economic development. In line with the objectives of the study, the researcher adopted survey design method which made use of primary sources (mainly with questionnaire and observation). This work was analyzed quantitatively with simple percentage and the hypotheses were tested with Chi-square to validate the findings. The result revealed that medical tourism has significant effect on economic growth of Nigeria. The result further shows that medical tourism has positive effect on small and medium scale enterprise in Nigeria. The result also highlights the problems facing medical tourism in Nigeria and under-development of the health system. It was observed that the culture of Nigerians preferring anything foreign is also a contributory factor to the mass exodus of Nigerians for medical treatment outside the country. The study therefore recommended that there should be adequate funding, improved health care facilities, better remuneration and motivation for health workers in order to improve health care system and reduce medical tourism, there should be immediate ban of government sponsored medical treatment abroad, adequate training, enforcement of legal action against medical negligence, improved medical research and encouraging foreign investment and that Government should intensify vigorously the marketing and promotion of Nigeria cultural, historical and archaeological treasures
Publication Title Effects of Medical Tourism on Economic Growth of Nigeria Download PDF
Publication Type journal
Publisher International Journal of Research and Innovation in Social Science (IJRISS)
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2021-10-10
Abstract Tourism is one of the fastest growing industries in the world. It embraces areas of Physical attractions like falls and rocks and so on; Manmade like amusement and holiday resorts; Wild life based attractions like games, gardens and fishing grounds; Cultural attractions like festivals, arts and crafts; Sports like local, regional and international; and Business tourism like seminars conferences and meetings. The focus of this study is to investigate the effects of medical Tourism on Nigerian economic development. In line with the objectives of the study, the researcher adopted survey design method which made use of primary sources (mainly with questionnaire and observation). This work was analyzed quantitatively with simple percentage and the hypotheses were tested with Chi-square to validate the findings. The result revealed that medical tourism has significant effect on economic growth of Nigeria. The result further shows that medical tourism has positive effect on small and medium scale enterprise in Nigeria. The result also highlights the problems facing medical tourism in Nigeria and under-development of the health system. It was observed that the culture of Nigerians preferring anything foreign is also a contributory factor to the mass exodus of Nigerians for medical treatment outside the country. The study therefore recommended that there should be adequate funding, improved health care facilities, better remuneration and motivation for health workers in order to improve health care system and reduce medical tourism, there should be immediate ban of government sponsored medical treatment abroad, adequate training, enforcement of legal action against medical negligence, improved medical research and encouraging foreign investment and that Government should intensify vigorously the marketing and promotion of Nigeria cultural, historical and archaeological treasures
Publication Title The Role of Small and Medium Scale Enterprises in Boosting Foreign Direct Investment in Nigeria
Publication Type journal
Publisher International Journal of Development and Management Review
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2023-02-18
Abstract The research investigated into how small and medium-sized businesses may increase foreign direct investment in Delta state. The necessity to address the issues with foreign direct investment in Delta state served as the driving force for this study. Three main goals served as the study's compass, and it was from these that suitable research questions and hypotheses were developed. The study's particular goals were to determine the impact of SMEs' contributions to foreign investment in Delta State. (ii) To pinpoint the elements that makes Delta State attractive to international investment. (iii) To comprehend the challenges SMEs in Nigeria face in luring international investment. The survey design was used for this investigation. The 200 staff members of the chosen SMEs in Delta state were chosen using a simple random selection approach. Using the Cochran (1977) statistical technique, a sample size of 120 respondents was picked from a population of 200. With SPSS's linear regression analysis, the data were examined and the hypotheses were put to the test. The 5% level of significance for probability was used. Simple percentages were used to show the data. The contribution of SMEs in Delta State has the potential to draw foreign direct investment, according to the findings, which explains the positive and strong link. Additionally, it was shown that factors like the lowering of labor movement from rural to urban regions by fair income distribution promote foreign direct investment in Delta State. Foreign direct investment is favorably connected with the availability of trade and apprentice skills as well as the existence of a sizable market for foreign investment products. This indicates that the contributing elements are capable of luring and sustaining foreign direct investment. The survey also discovered that SMEs in Delta state face considerable challenges in attracting foreign direct investment.
Publication Title EFFECT OF SMALL AND MEDIUM SCALE ENTERPRISE ON NIGERIA ECONOMIC DEVELOPMENT
Publication Type journal
Publisher International Journal of Development and Management Review
Publication Authors Dr. Ernest Jebolise Chukwuka
Year Published 2023-03-15
Abstract Capitalism is private sector driven and small enterprises are generally the bane of capitalist economies like Nigeria. Small and Medium scale enterprises are becoming increasingly important because of the capacity they have to change swiftly to the impulses and flexibility of the economy. In this period of economic recession and high rate of unemployment in Nigeria, small firms are becoming more appreciated as a necessity for the steadiness of economic and communal existence and economic growth and development. Despite all this SMEs face several mutual problems that affect their operation, survival, and development. The main issue discussed in this research is about SMEs in Nigeria and how they affect the economic growth, the challenges they face and what the government is doing about it. The research examines the views of SME owners and collected data from through interviews and questionnaires, a survey design was adopted to obtain data from 150 respondent, A high percentage 64 (42.7%) of the respondent were engage in trading type of small and medium scale enterprise, 43(28.6%) were artisan,27(18%) were manufacturers and 16 (10.7%) were involved in Agro- Allied. This is in order to find out what is the main constraint to their businesses and also find out what row the Nigerian government plays in this present situation SMEs face concerning the economic development, analysis of data was by simple percentage and description. This research helped conclude that there are several factors facilitating this problem of economic growth to SMEs and will a make recommendation for these flaws within SMEs themselves, financial institutions and the Nigerian government. The findings of the result revealed that small and medium scale enterprises have a significant impact on the economic growth of Nigeria and access to capital has posed a major challenge to developing small and medium scale enterprises in Nigeria
Publication Title Strategic Role of Policy Formulation and Implementation on National Economic Development of Nigeria: An Entrepreneurial Policy Approach Download PDF
Publication Type Published Research
Publisher World Journal of Entrepreneurial Development Studies (WJEDS) E-ISSN 2579-0544 P-ISSN 2695-2483 Vol 9
Publication Authors Chukwuka, Ernest Jebolise; Imide, Israel
Year Published 0024-08-01
Abstract This research paper investigated the role of policy formulation and implementation on the national economic development of Nigeria. The aim is to ascertain if there is a link and also to determine the nature of the connection between policy formulation, implementation, and Nigeria’s economic development. This study adopted a qualitative research methodology through the extant and systematic, exploratory review of literature to carry out this study, which is modified to understand the motivations, viewpoints, theories, and views of scholars in order to address the study issue. This study relied on secondary sources of data. The study found that policy formulation is essential to both social and economic progress. Good policies may advance social fairness and equality, safeguard public health and safety, and stimulate economic progress. A number of steps are involved in the policy-making process, such as agenda-setting, policy drafting, adoption, and implementation. Accurate and trustworthy data, interaction with stakeholders and decision-makers, and a dedication to evidence-based decision-making are necessary for the effective design of policies. The study concludes, after an exhaustive review of extant literature, that there’s a direct link between public policy formulation and implementation and Nigeria’s economic development. The study also found that there is a positive connection between good policy implementation and Nigeria’s economic development. The study recommends a low-cost technique of training policy implementers and stakeholders as a guarantee to effective policy implementation in Nigeria
Publication Title Strategic Role of Policy Formulation and Implementation on National Economic Development of Nigeria: An Entrepreneurial Policy Approach Download PDF
Publication Type Published Research
Publisher World Journal of Entrepreneurial Development Studies (WJEDS) E-ISSN 2579-0544 P-ISSN 2695-2483 Vol 9
Publication Authors Chukwuka, Ernest Jebolise; Imide, Israel
Year Published 0024-08-01
Abstract This research paper investigated the role of policy formulation and implementation on the national economic development of Nigeria. The aim is to ascertain if there is a link and also to determine the nature of the connection between policy formulation, implementation, and Nigeria’s economic development. This study adopted a qualitative research methodology through the extant and systematic, exploratory review of literature to carry out this study, which is modified to understand the motivations, viewpoints, theories, and views of scholars in order to address the study issue. This study relied on secondary sources of data. The study found that policy formulation is essential to both social and economic progress. Good policies may advance social fairness and equality, safeguard public health and safety, and stimulate economic progress. A number of steps are involved in the policy-making process, such as agenda-setting, policy drafting, adoption, and implementation. Accurate and trustworthy data, interaction with stakeholders and decision-makers, and a dedication to evidence-based decision-making are necessary for the effective design of policies. The study concludes, after an exhaustive review of extant literature, that there’s a direct link between public policy formulation and implementation and Nigeria’s economic development. The study also found that there is a positive connection between good policy implementation and Nigeria’s economic development. The study recommends a low-cost technique of training policy implementers and stakeholders as a guarantee to effective policy implementation in Nigeria
Publication Title Eco-Innovation, A New Business Profitability Strategy for Environmental Sustainability Download PDF
Publication Type Published Research
Publisher Journal Innovation
Publication Authors Chukwuka, Ernest Jebolise; Imide, Israel
Year Published 2023-12-15
Abstract This paper presents an empirical investigation into an emerging field of study which seeks to ascertain the nature of relationship or influence of eco-innovation on environmental sustainability, business profitability and viability. The failure of market-based tools and government command and control systems to prevent harmful environmental externalities and the undervaluation of natural resources due to the actions of profit-driven entrepreneurs leading to overexploitation and depletion as well as climate change make this study necessary and in high demand. This study adopted the descriptive survey design which allows for the collection of original data from the respondents of selected firms. The study discovered that eco-innovation significantly and favorably influences the profitability and viability of businesses studied and also has a positive and significant influence on environmental sustainability. The study also concludes that organizational practices of eco-innovation have led to high degree of customer’s loyalty to firm’s product and sustainability of the environment. The study concludes that Eco-innovation generates new technologies in product manufacturing and redesigns through ecoinnovation practices and principles. The study also concludes by revealing that Eco-innovation generates new ideas and process that’s positively associated with customer’s satisfaction.
Publication Title Effect of Air Safety Operations on Performance of Air transport Business in Nigeria Download PDF
Publication Type Published Research
Publisher Journal Innovation
Publication Authors Ernest Jebolise Chukwuka, Amahi Fidelis
Year Published 2023-12-15
Abstract Nigeria aviation sector of the economy has witnessed some air mishaps in recent times hence the urgent need for this study. The study's main objective is to determine to what extent flight safety operations, firefighting, and rescue activities affect the Nigerian air transport Business. This research used a descriptive survey and quantitative approach to data gathering based on the evaluation of documents and materials in order to meet its goals. 200 employees of Federal Airport Authority Abuja were selected to make up the study's populace. The study's findings were drawn from the research work, which came to the conclusion that Nigeria's air transportation Business is positively and significantly impacted by air safety operations which showed a positive relationship. The implication of this conclusion is that while the air safety operations and practices of Federal Airport Authority of Nigeria (FAAN), other regulatory bodies, and air transport companies have significantly reduced the number of aircraft crashes in Nigeria, air safety operations still need to be strengthened. Additionally, the research found a significant and advantageous connection between Nigerian firefighting operations and the air transportation business. This result showed that in Nigeria, air operations are favorably and substantially correlated with firefighting operations. This indicates that while the firefighting effort is moving in the correct way, it still requires work. The finding recommends that government should encourage safety operations by equipping the federal Airport Authority of Nigeria and other regulatory agencies with state of arte safety equipment and gadgets for the safety of Nigeria air space. The air space government regulatory agencies should ensure that aircrafts that are outdated and obsolete should have no business with Nigerian airspace.
Publication Title Strategic Role of Feasibility Study in Entrepreneurial Profitability and Project Management Download PDF
Publication Type Published Research
Publisher International Journal of Business & Entrepreneurship Research ISSN: 2360-989X
Publication Authors Chukwuka, Ernest Jebolise ; Dr Igweh F
Year Published 2024-12-02
Abstract This Study investigates the Strategic role of Feasibility Study in Entrepreneurial Profitability and Project Management as well as to ascertain the extent to which Small and medium-scale businesses undertook feasibility studies prior to setting up their businesses. Specifically, the study was to determine the relationship between feasibility study and entrepreneurial profitability and to ascertain the extent feasibility studies can affect project management. One hypotheses was formulated in line with the objective of the study. Survey research design was adopted. Data were obtained from questionnaires and analyzed with five-point liker’s scale and the three hypotheses formulated were tested using t-test statistical tool with aid of SPSS statistical package version 20.0. From the analysis, the study revealed that there is a significant and positive effect of feasibility study on entrepreneurial profitability and project management. This means that feasibility study is very essential for any project success. Small and medium scale businesses studied ensures adequate financing, considered competitors and embarked on market evaluation or determination prior to commencement. Based on the findings, entrepreneurs should endeavour to carry out proper feasibility studies before embarking on any business venture of their intent, as this helps them to ascertain if the business is viable or not. The researcher recommended, among others, that Government should assist entrepreneurs in documenting reliable market information and ensuring easy accessibility of fund, as this can increase their interest in feasibility study.
Publication Title Strategic Impact of Artificial Intelligence (AI) on Entrepreneurial Creativity and Management Download PDF
Publication Type Published Research
Publisher Interna?onal Journal of Business & Entrepreneurship Research
Publication Authors Chukwuka, Ernest Jebolise ; Dr. Igweh Florence
Year Published 2024-01-02
Abstract One of the rapidly expanding disciplines that are gaining greater attention in the corporate sector is artificial intelligence (AI). Artificial intelligence is already being used in a wide range of industries, including everyday life and commerce or entrepreneurship. This study examines the strategic impact of AI on Entrepreneurial Creativity and management. The study adopted qualitative and expository analysis through the extensive review of literature as a methodology. The corporate sector may become dependent on quicker, less expensive, and more accurate marketing strategies as a result of the use of AI. By utilizing AI in marketing strategies, an entrepreneur may increase audience reaction and establish a strong competitive advantage over other online firms. In addition to marketing, it may revitalize businesses through creative ideas. Additionally, it provides solutions for challenging jobs, which aids in the rapid expansion of businesses. As a result, we will talk about the development of the business sector, how entrepreneurs use AI topology, and how it plays a variety of roles in the business. The study concludes that artificial intelligence (AI) significantly and positively affects entrepreneurial creativity and management as well as also having a significant and negative effect on human creativity. This conclusion explains the finding that as AI is taking all aspect of works from humans, it will lead to lack of creativity and redundancy on the part of humans while on the other hand it will inspire more creativity and innovation on some humans in their quest to keep their jobs. This study recommends more robust top-level AI design and implementation within the entrepreneurial ecosystem.
Publication Title STRATEGIC ROLE OF ARTIFICIAL INTELLIGENCE (AI) ON HUMAN RESOURCE MANAGEMENT (HR) EMPLOYEE PERFORMANCE EVALUATION FUNCTION Download PDF
Publication Type Published Research
Publisher International Journal of Entrepreneurship and Business Innovation
Publication Authors Chukwuka, Ernest Jebolise; Dibie, K.E
Year Published 2024-02-07
Abstract Purpose – This research paper aims to create a realistic understanding of the favorable and unfavorable experiences that employees have as a result of adopting artificial intelligence (AI) or resorting to the old manual HR methods. It explains the difficulties and the benefits associated with developing human resources in light of the use of artificial intelligence or the old manual HR methods. Design/Methodology/Approach – For this study, the researcher employed a qualitative and exploratory research methodology. The primary element of the qualitative method which is adjusted to comprehend the literature, theories, motivations, viewpoints, and views in order to answer the study issue is exploratory research. This research used data from secondary sources. Findings – The study found that some firms spend over two million hours annually conducting manual HR performance reviews and evaluations. This is a significant amount of time spent on a process that is unreliable because it relies on people's opinions and prior performance. Real-time Artificial intelligence AI-driven assessments not only enable incentives and praise for good performances immediately, but they also ensure accuracy throughout the entire process and sound an alarm if targets are not met on time or performance standards are declining. From the extensive review of literature, it was found that Artificial Intelligence has a positive and significant influence on HR function of employee performance evaluation. Practical Implications – The study recommends a more robust top-level AI design and implementation within the entrepreneurial ecosystem and a robust application of Artificial Intelligence on HR function of employee performance evaluation. Originality/value – This research makes the unique contribution of establishing a qualitative finding that will revolutionize the entrepreneurial ecosystem for more employee productivity and satisfaction.
Publication Title THE ROLE OF ENTREPRENEURIAL LEADERSHIP ON ENTREPRENEURIAL SUCCESS: THE PLACE OF LEADERSHIP AND ENTREPRENEURIAL SKILLS Download PDF
Publication Type Published Research
Publisher British Journal of Management and Marketing Studies
Publication Authors Chukwuka, Ernest Jebolise ; Okonta, C. E
Year Published 2024-08-23
Abstract This research paper investigated the nature of correlation between Entrepreneurial Leadership (EL) and Entrepreneurial Success (ES) with the aim of ascertaining their impacts in the organizations. It’s often said that everything rises and falls on leadership; this statement was confirmed from the findings of this study. The researcher adopted a qualitative research for the exploratory and systematic review of literature. This research used data from secondary sources. This study found a positive and significant relationship between Entrepreneurial Leadership (EL), and Entrepreneurial Success (ES). First, this study found that EL had a favorable impact on ES, indicating that the results are consistent with the findings of some scholars which also found that EL had a positive correlation with organizational performance. This demonstrates that a proactive, risk-taking, creative thinking, effective use of appropriate leadership abilities, and a greater inclination toward emotional intelligence and stability are characteristics of a leadership style. Furthermore, in a competitive setting, leaders can attain Entrepreneurial Success (ES) by applying their entrepreneurial abilities. In order to assist people in achieving their intended level of entrepreneurial success (ES), the study recommends that mentors or trainers should emphasize the significance of having strong leadership skills or qualities as well as precise entrepreneurial skills before venturing into any business.
Publication Title DIGITAL ENTREPRENEURSHIP, THE RISK AND BUSINESS VIABILITY ASSESSMENT IN NIGERIA Download PDF
Publication Type Published Research
Publisher British Journal of Management and Marketing Studies
Publication Authors Chukwuka, Ernest Jebolise; Abude, Peter
Year Published 2024-07-03
Abstract The study assessed digital entrepreneurship, the risk and the business viability in Nigeria. The study's specific goal is to ascertain the degree of viability and risk assessment of digital entrepreneurship in Nigeria’s economic space. Digital entrepreneurship is a 21st century business model because it is an enterprise that relies only on a digital platform that is pursued and managed by a digital entrepreneur. Digital entrepreneurs rely on internet resources to create and expand their digital services enterprises. The study's sample included 400 respondents who were chosen from Delta State's small and medium-sized business owners and proprietors. The adopted descriptive survey method and simple percentages were used to evaluate the data. The overall conclusion of the study is that digital entrepreneurship is a highly effective and viable business model in Nigeria and it is fantastic in bringing goods and services to customers' doorsteps, provides business owners with a platform for brand development and content creation as well as business growth. The study identified five major risks associated with digital entrepreneurship as cyber security risk, information security and privacy risk, fraud risk, copyright violation risk, infringement of trademark risk. The study confirmed that digital entrepreneurship creates business values at profit with lower cost of production when compared to the cost of operating physically established businesses or other means of doing business offline. The study also concludes empirically that digital entrepreneurship has a low possibility of loss but high profit possibility with the ability to manage the four identified risks.
Publication Title THE NEXUS BETWEEN LEADERSHIP STYLE AND PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA Download PDF
Publication Type Published Research
Publisher African Journal of Economics and Sustainable Development
Publication Authors Chukwuka, Ernest Jebolise; Dibie, K.E
Year Published 2024-05-09
Abstract The right leadership style can facilitateemployees motivation, inspiration, and persuade them to accomplish their individual and organizational goals with the support of management. Many SMEs in Nigeria do not include their staff in the decision-making process due to a lack of strong leadership abilities, which hinders their capacity to flourish. This study investigated how the leadership styles of SME in Asaba, Delta State impacts the organizational efficiency of those businesses. The study gathered information from SME managers and owners using a cross-sectional survey research methodology. The study found a weak but positive nexus between authoritarian leadership style and performance of SME. The study also discovered that the performance of SMEs in Delta State is significantly impacted by democratic leadership style. As a result, it may be concluded that a democratic leadership style impacted positively on SME performance in Delta State at the rate of 17%. Finally, the study concludes that laissez-faire leadership has the highest positive impact on the performance of SMEs in Delta State. This indicated that laissez-faire leadership had the most significant impact amongst the three leadership styles or philosophies examined. It showed that Delta State's small and medium-sized firms would perform 48% percent better for every 1 percent increase in Laissez-Faire leadership. Therefore, this study recommends that in SME management, a laissez-faire leadership style should be applied in appropriate situations to foster creativity
Publication Title Strategic impact of knowledge entrepreneurship on foreign direct investment in Nigeria Download PDF
Publication Type Published Research
Publisher World Journal of Advanced Research and Reviews
Publication Authors Ernest Jebolise Chukwuka, Dr. Igweh F
Year Published 2024-11-07
Abstract The study investigated the strategic impact of knowledge entrepreneurship on Foreign Direct investment in Nigeria. This study examined the rate of foreign Direct Investment (FDI) in Nigeria because the country has witnessed massive downward sliding of foreign direct investment in recent times. To solve this problem, this study is aimed at ascertaining the nature of impact Knowledge entrepreneurship has on foreign direct investment. The study also investigated the cause of the massive downward sliding of foreign direct investment in Nigeria. This study adopted the survey design. Simple random sampling technique was used in selecting the 200 staff of selected foreign direct investment firms in Nigeria. Findings revealed that there is a positive and significant relationship between knowledge entrepreneurship and Foreign Direct investment in Nigeria. This means that the knowledge of Foreign Direct Investment opportunity in another country will accelerate the action of the entrepreneur in taking advantage of the opportunity to make profit in that country. This is in tandem with Knowledge Spillover Theory of Entrepreneurship. Knowledge entrepreneurship has the potency to attract foreign direct investment hence the positive and significant correlation. The study also found that knowledge entrepreneurship has resulted in technological transfer to Nigeria and employment generation as well as increased profitability and market share of the FDI operating in Nigeria.The study concludes that knowledge entrepreneurship is a viable business model in Nigeria and that the reason for the massive and downward sliding of Foreign Direct Investment in Nigeria currently is as a result of the national challenges of high insecurity and exchange rate volatility
Publication Title THE NEXUS BETWEEN CULTURAL FACTORS AND ENTREPRENEURIAL PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA Download PDF
Publication Type Published Research
Publisher International Journal of Entrepreneurship and Business Innovation
Publication Authors Ernest Jebolise Chukwuka
Year Published 2024-08-08
Abstract This research paper presents an empirical investigation into the nexus between cultural factors and entrepreneurial performance of small and Medium Scale Businesses in Nigeria. Africa is a continent dominated by Culture and culture affects daily sales and it also affects demands and supply as well as patronage of any business. This paper is aimed at investigating the effect of cultural factors on entrepreneurial performance as well as ascertaining the nature of relationship between cultural factors and entrepreneurial performance. This research adopted a descriptive survey method. This research used a quantitative approach to data gathering of 200 SME employees through a Likert scaled questionnaire for data analysis. The study concludes through its findings that social network capital, cultural factors, Risk-taking behavior and Work ethic and perseverance have a significant, positive and direct effect on entrepreneurial performance of SMEs in Delta state. The study also revealed that other cultural factors like Attitudes toward Failure and religious beliefs have a significant and direct effect on entrepreneurial performance of SMEs in Delta state. The research paper empirically showed that there is a great and significant relationship between cultural factors and entrepreneurial performance of SMEs in Delta state. The study has proven that people’s culture does affect entrepreneurial performance. Therefore this study recommends that before setting up businesses in any location, a smart entrepreneur should first observe the culture of the people living in that geographical location of the proposed business to ascertain the kind of business that will be most appropriate for the culture of the people there.
Publication Title THE NEXUS BETWEEN CULTURAL FACTORS AND ENTREPRENEURIAL PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA Download PDF
Publication Type Published Research
Publisher International Journal of Entrepreneurship and Business Innovation
Publication Authors Ernest Jebolise Chukwuka
Year Published 2024-08-08
Abstract This research paper presents an empirical investigation into the nexus between cultural factors and entrepreneurial performance of small and Medium Scale Businesses in Nigeria. Africa is a continent dominated by Culture and culture affects daily sales and it also affects demands and supply as well as patronage of any business. This paper is aimed at investigating the effect of cultural factors on entrepreneurial performance as well as ascertaining the nature of relationship between cultural factors and entrepreneurial performance. This research adopted a descriptive survey method. This research used a quantitative approach to data gathering of 200 SME employees through a Likert scaled questionnaire for data analysis. The study concludes through its findings that social network capital, cultural factors, Risk-taking behavior and Work ethic and perseverance have a significant, positive and direct effect on entrepreneurial performance of SMEs in Delta state. The study also revealed that other cultural factors like Attitudes toward Failure and religious beliefs have a significant and direct effect on entrepreneurial performance of SMEs in Delta state. The research paper empirically showed that there is a great and significant relationship between cultural factors and entrepreneurial performance of SMEs in Delta state. The study has proven that people’s culture does affect entrepreneurial performance. Therefore this study recommends that before setting up businesses in any location, a smart entrepreneur should first observe the culture of the people living in that geographical location of the proposed business to ascertain the kind of business that will be most appropriate for the culture of the people there.
Publication Title Contemporary Entrepreneurship: An International Entrepreneurship perspective for Economic Development of Nigeria Download PDF
Publication Type Published Research
Publisher World Journal of Entrepreneurial Development Studies (WJEDS) E-ISSN 2579-0544
Publication Authors Chukwuka, Ernest Jebolise; Dibie, K.E
Year Published 2024-05-12
Abstract This research paper extended the frontiers of knowledge in an emerging field through an investigation of contemporary entrepreneurship and international entrepreneurship with the aim of ascertaining the nature of connection between the aforementioned and Nigerian economic development. With the use of references to contemporary and international entrepreneurial literature, this article used a qualitative and analytical methodology. The theoretical evolution of contemporary and international entrepreneurship theory is narrated, providing a framework for evaluating its connections and linkages with theories of entrepreneurship and economic growth in Nigeria. This is based on the classification of themes and sub-themes. Contemporary entrepreneurship is defined by continual change, quick invention, and ever-intense competition. Businesses employ a variety of modern strategies, including supply chain management, information technology, and risk management, to deal with an ever-more complicated contemporary business environment. By using these strategies, businesses may maintain their competitiveness and quickly adjust to the ever-evolving business landscape. According to this paper result, international entrepreneurship in the context of contemporary entrepreneurship is still in its infancy. Still, the discipline is full with fresh thoughts and ideas that might encourage scholars to continue studying topics like international entrepreneurial orientation and internationalization. Through the foreign exchange remittances of Nigerian enterprises that have internationalized, the research concludes that international entrepreneurship has had a positive and considerable influence on Nigeria's economic development.
Publication Title The Role of Competitive Intelligence on Nigeria’s Economic Development Download PDF
Publication Type Published Research
Publisher International Journal of Economics and Business Management
Publication Authors Chukwuka, Ernest Jebolise; Imide, Israel
Year Published 2024-06-21
Abstract This research paper investigated the role of competitive intelligence in guaranteeing competitive advantage against rival firms and ascertaining its contribution to Nigeria’s economic development. In the constantly changing business environment of modern business, competitive intelligence is a potent surviving strategy against turbulence that will amount to business failures. This study adopted a qualitative research methodology through the extant and systematic exploratory review of literature to carry out this study, which is modified to understand the motivations, viewpoints, theories, and views of scholars in order to address the study issue. This study relied on a secondary source of data. This study discovered and subsequently concludes that competitive intelligence in business organizations helps organizations to have a competitive advantage with rival firms through organizational financial return on assets (ROA) and return on equity (ROE), as well as profitability, and contributes massively or significantly to Nigeria’s economic development. Technology-based competitive intelligence is highly recommended for business organizations for the fast-tracking and analysis of information, which guarantees the competitive advantage of the firms and, in the long run contributes to Nigeria’s economic development. Secondly, business organizations should devote more funds to competitive intelligence in their organizations to guarantee competitive advantage.
Publication Title FEASIBILITY STUDIES AND ENTREPRENEURIAL SUCCESS OF SMALL AND MEDIUM SCALE BUSINESSES IN ASABA Download PDF
Publication Type Published Research
Publisher Nigerian Journal of Management Sciences
Publication Authors Chukwuka, Ernest Jebolise; Dr. Igweh Florence
Year Published 2024-02-04
Abstract This study assesses the relationship between feasibility study and entrepreneurial success. A descriptive research design was adopted. Data were obtained from questionnaire and tested using t-test statistical tool with aid of SPSS statistical package version 20.0. From the analysis, the study found that small and medium scale businesses ensure adequate financing, consider competitors and embarked on market evaluation or determination prior to commencement. Based on the findings, entrepreneurs should endeavour to carry out proper feasibility studies before embarking on any business venture of their intent as this helps them to ascertain if the business is viable or not.
Publication Title Role of Small and Medium Scale Enterprises in Boosting Foreign Direct Investment in Nigeria Download PDF
Publication Type Published Research
Publisher Jalingo Journal of Social and Management Sciences
Publication Authors Chukwuka, Ernest Jebolise; Imide, Israel
Year Published 2023-08-04
Abstract The study examined the potential for small and medium-sized enterprises in Delta state and by extension Nigeria, to attract more foreign direct investment. The study was motivated by the need to solve the problems associated with foreign direct investment in Delta State. The study was guided by three key objectives, and it was from these that appropriate research questions and hypotheses were derived. Survey design was used for this investigation. The 200 staff members of the chosen SMEs in Delta State were chosen using a simple random selection approach. Using the Cochran (1977) statistical technique, a sample size of 120 respondents was picked from a population of 200 recruited from the management, middle, and lower cadre of the chosen manufacturing enterprises. The study confirmed that SMEs in Delta State have the potential to draw foreign direct investment. Additionally, it was revealed that factors like the lowering of labour movement from rural to urban regions by fair income distribution promote foreign direct investment in Delta State. The study also discovered that SMEs in Delta State face considerable challenges in attracting foreign direct investment. The study, therefore recommended the promotion of policies that will support SMEs in Delta State.
Publication Title Influence of Policy Implementation on Entrepreneurial Success and National Development Download PDF
Publication Type Published Research
Publisher International Journal of Social Sciences and Management Research E-ISSN 2545-5303
Publication Authors Chukwuka, Ernest Jebolise ; Dibie, K.E
Year Published 2024-08-07
Abstract This research paper investigated the influence of policy implementation on entrepreneurial success and national development with the aim of ascertaining the exact nature of the influence of policy implementation on entrepreneurial success and national development in Nigeria. This study adopted a qualitative research methodology through the extant and systematic, exploratory review of extant literature, which is modified to understand the motivations, viewpoints, theories, and views of scholars in order to address the study policy implementation issues. This study relied on secondary sources of data. The study found that there is a serious problem of implementation of policies rather than their formulation, in Nigeria. This is a result of the upper class's competing interests, which stem from their stark ideological differences, self-serving interests, and manipulation of the policy-making process to their benefit. Consequently, this has left a hole or missing piece in Nigeria's system for developing and implementing public policy. The study also discovered that each country has its own procedure for drafting and implementing policies. For example, in Nigeria, public policy is developed and carried out with sufficient focus solely on the government and its agencies. In this process, civil society organizations, professional associations, the organized business sector, and nonprofit organizations are all totally disregarded. The numerous wonderful policies that have been developed throughout the years by the various governments in the areas of social security, unemployment, poverty reduction, health, and education are just a few examples. The study therefore concludes that 70% of government policies in Nigeria are never implemented effectively, which has crippled the wheels of national development and negatively affected entrepreneurial success. The study observed that private sector businesses and entrepreneurial activities will thrive if good policies are effectively implemented for national development, which fosters the ease of doing business.