Impact of Entrepreneurial Infrastructure on Profitability of Hotels in Minna, Nigeria.
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Jul 31, 2022
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Abstract
Purpose: This study aims to examine the impact of Entrepreneurial Infrastructure (EI) on profitability of Small and Medium Enterprises (SMEs), focusing on hotels in Minna, Nigeria.
Methodology: Sequential Explanatory Mixed research method was adopted. Purposive Sampling Technique was used to obtain a sample size of 51 out of a population of 70 hotels in Minna for collection of quantitative data via questionnaires, while Simple Random Sampling Technique was used to select 10 interviewees for collection of qualitative data via interviews. Descriptive statistics was employed in analysing the quantitative data, while thematic analysis was used in analysing the qualitative data.
Findings: Quantitative findings revealed that the available EI in Minna had a negative impact on the profitability of hotels, while qualitative findings also revealed that interviewees generally felt a poor impact of EI on the profitability of their hotels.
Practical implications: These findings would be useful to potential and practicing entrepreneurs in the hotel industry, policy makers and the academic community. It is recommended that government at all levels should formulate policies that will address challenges of the deplorable condition of EI in Nigeria.
Paper type: Research paper
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References
Reference:
Abdullahi, M. S., Ghazali, P. L., Awang, Z., Mohd T. I., Ali, M., &Salim, N. A. (2015). The effect of finance, infrastructure and training on the performance of small and medium scale enterprises in Nigeria. International Journal of Business and Technopreneurship, 5(3), 421- 452.
Adegbite, S. A. (2012). An evaluation of technology innovation on the performance of indigenous textile weaving firms in South western Nigeria. Journal of Business & Management, 1(1), 1-14.
Adegbite, S. A. (2012). An evaluation of technology innovation on the performance of indigenous textile weaving firms in South western Nigeria. Journal of Business & Management, 1(1), 1-14.
Aguboshim, F. C., & Miles, G. S. (2018). Well-defined interface development process: an important interface design strategy to create easy-to-use banking ATM system interfaces in Nigeria. International Journal of Engineering Science, 8(12) 19514-19525
Agwu, E. (2018). Relevance of information technology in the effective management of selected SMEs in Lagos State Nigeria. Academy of Strategic Management Journal, 17(1), 1-15
Ahmad, K. M. (2019). Crowd funding as financial option for small and medium enterprises in Nigeria.Pertanika Journal of Scholarly Research Reviews, 4(3), 89-96.
Ajayi, B. (2016). The impact of entrepreneurial orientation and networking capabilities on the export performance of Nigerian agricultural SMEs. Journal of Entrepreneurship and Innovation in Emerging Economies, 2(1), 1-23.
Aliyu, A. U. L., (2019). Problems and solutions of small and medium scale enterprises in Nigeria. International Journal of Economics & Business, 2(1), 1-4.
Anunobi, A. I., &Zubairu, S. N. (2015). Post-occupancy evaluation of some selected hotels in Minna, north central Nigeria. Academic Research International, 6(6), 94-102.
Ayuba, P., & Agah, F. A. (2018). Assessment of flexible features in the design of event centres in Minna, Niger state Nigeria. Nigerian Journal of Technology, 37(3), 587-599.
Bagheri, M., Shojaei, P., & Khorami, M. (2018). A comparative survey of the condition of tourism infrastructure in Iranian provinces using VIKOR and TOPSIS. Decision Science Letters. 7(1), 87-102.
Banki, M. B., Ismail, H. N. B., Danladi, M. H., & Dalil, M. (2016). Measuring hotels service quality in Nigeria: A case study of Minna township. Journal of Quality Assurance in Hospitality & Tourism, 17(1), 71-88.
Battistella, C., Cagnina, M., Cicero, L., & Preghenella, N. (2018). Sustainable business models of SMEs: challenges in yacht tourism sector. Sustainability, 10(10), 1-20.
Bliemel, M., Flores, R., De Klerk, S., & Miles, M. P. (2019). Accelerators as start-up infrastructure for entrepreneurial clusters. Entrepreneurship & Regional Development, 31(1-2), 133-149.f
Bonaiuti, M. (2018). Are we entering the age of involuntary degrowth? Promethean technologies and declining returns of innovation. Journal of Cleaner Production, 197(1), 1800-1809.
Cole, M. A., Elliott, R. J., Occhiali, G., & Strobl, E. (2018). Power outages and firm performance in Sub-Saharan Africa. Journal of Development Economics, 134, 150-159.
Del-Vecchio, P., Di-Minin, A., Petruzzelli, A. M., Panniello, U., & Pirri, S. (2018). Big data for open innovation in SMEs and large corporations: Trends, opportunities, and challenges. Creativity and Innovation Management, 27(1), 6-22.
Dwisusanto, Y. B., Lianto, F., & Arifin, L. S. (2019). The meaning of “boundary line” due to the precast module system in ‘rusunawa’bumi cengkareng indah, Jakarta, Indonesia. Dimensi Journal of Architecture and Built Environment 45(2), 173-180.
Eke, O. P., Okoye, L. U., & Evbuomwan, G. O. (2018). A dynamic analysis of the nexus between entrepreneurship, human capital development and financial deepening: evidence from selected African economies. Journal of Applied Economic Sciences, 13(5), 1-16
Essays, U. K. (2016). The economic importance of hospitality industry. Tourism Essay. Retrieved from https://www.ukessays.com/essays/tourism/the-economic-importance-of-hospitality-industry-tourism-essay.php
Etikan, I., Musa, S. A., & Alkassim, R. S. (2016). Comparison of convenience sampling and purposive sampling. American Journal of Theoretical and Applied Statistics, 5(1), 1-4.
Ezenwafor, J. I., & Ukwuoma, A. N. (2019). Contributions of the internet to the academic development of university business education undergraduates in Anambra State. Journal of Technology and Vocational Education, 2(1), 120-129.
Galkina, T., & Kock, S. (2011). The influence of entrepreneurial infrastructure on entrepreneur networking: a comparative case study of Russian and Finnish founding teams. International Journal of Entrepreneurship and Small Business, 13(3), 238-254.
Ganau, R., & Rodríguez Pose, A. (2018). Industrial clusters, organized crime, and productivity growth in Italian SMEs. Journal of Regional Science, 58(2), 363-385.
Hasan, H., Sugiharto, D. Y. P., & Sunawan, S. (2019). Group counseling of cognitive behavior with self instruction technique on self efficacy and academic burnout. Jurnal Bimbingan Konseling, 8(1), 44-49.
Husmann, P. R., & O'Loughlin, V. D. (2019). Another nail in the coffin for learning styles? Disparities among undergraduate anatomy students’ study strategies, class performance, and reported VARK learning styles. Anatomical sciences education, 12(1), 6-19.
Islam, A., & Hyland, M. (2018). The drivers and impacts of water infrastructure reliability. 1-40 retrieved from https://elibrary.worldbank.org/doi/pdf/10.1596/1813-9450-8637
Kanamugire, N., & Ndayishimiye, N. (2016). Entrepreneurial infrastructure for the development of Entrepreneurs in Rwanda. (Master's thesis, Linnaeus University, Sweden) Retrieved from http://www.diva-portal.org/smash/record.jsf?pid=diva2:1037281
Kontosic P. R., & Belullo, A. (2018). Investments’ background of entrepreneurial zones in Croatia. Economic Research, DOI: 10.1080/1331677X.2018.1506707, 1-17
Kontosic, P. R., & Belullo, A. (2018). Investments’ background of entrepreneurial zones in Croatia. Economic research-Ekonomska istraživanja, 31(1), 1590-1606.
Kyunga, F. K. (2013) Infrastructural development and growth of small and micro enterprises in the Nairobi section of Thika road, in Kenya. (Unpublished PhD Thesis).
Li, X., & Pang, L. (2010). Empirical analysis on Chinese self-brand automobile enterprises' competitive advantage. International Journal of Learning and Intellectual Capital, 7(3-4), 374-393.
Manggat, I., Zain, R., & Jamaluddin, Z. (2018). The impact of infrastructure development on rural communities: a literature review. International Journal of Academic Research in Business and Social Sciences, 8(1), 647-658.
Mansour, M. (2017). What Drives Innovation and Productivity? A Case Study Using Data for German Firms (Doctoral dissertation, University of Goucestershire, England). Retrieved from http://eprints.glos.ac.uk/5593/
Marasi, S., Wall, A., & Brewer, K. (2019). Participant Carelessness: is it a substantial problem with survey data?. Electronic Journal of Business Research Methods, 17(1), 1-16.
Mawoli, M. (2014). Service quality of public utilities in Nigeria: A survey of small business enterprises managers in Niger State. Centerpoint Journal (humanities edition), 17(1), 1-17.
Medakovic, V., & Vaskovic, S. (2018). Categories and general characteristics of entrepreneurial infrastructure. Supporting University Ventures in Nanotechnology, Biomaterials and Magnetic Sensing Applications 25-45. DOI 10.1007/978-3-319-61237-9_2
Okon, E. O. (2018). MSMEs as engine of economic growth in Nigeria: challenges and prospects of scalability. Australian Finance & Banking Review, 2(1), 1-10.
Olarinde, M. O., & Yahaya, Z. A. (2018). African growth convergence: role of institutions and macroeconomic policies. International Journal of Development Issues, 17(3), 346-371.
Ormazabal, M., Prieto-Sandoval, V., Puga-Leal, R., & Jaca, C. (2018). Circular economy in spanish SMEs: challenges and opportunities. Journal of Cleaner Production, 185, 157-167.
Oteng-Ababio, M., Owusu, G., & Asafo, D. M. (2019). Following the footsteps: urbanisation of wa municipality and its synergism in risk accumulation, uncertainties and complexities in urban Ghana. Jàmbá: Journal of Disaster Risk Studies, 11(1), 10.
Prasetyani, D., Ashar, K., Susilo, S., & Multifiah, M. (2019). The meaning of business success: moslem women entrepreneur in Surakarta. International Journal of Trade and Global Markets, 12(2), 168-186.
Pula, L., & Elshani, A. (2018). Role of public expenditure in economic growth: econometric evidence from kosovo 2002–2015. Baltic Journal of Real Estate Economics and Construction Management, 6(1), 1-14.
Saylor, J., Hertsenberg, L., McQuillan, M., O'Connell, A., Shoe, K., & Calamaro, C. J. (2018). Effects of a service learning experience on confidence and clinical skills in baccalaureate nursing students. Nurse education today, 61, 43-48.
Siddiquee, N. A., Xavier, J. A., & Mohamed, M. Z. (2019). What works and why? Lessons from public management reform in Malaysia. International Journal of Public Administration, 42(1), 14-27.
Sigurdardottir, I. (2018). Wellness and equestrian tourism–new kind of adventure?. Scandinavian Journal of Hospitality and Tourism, 18(4), 377-392.
Simatupang, D. O. (2019). Farmers motivation in banking agriculture credit loans. International Journal of Civil Engineering and Technology, 10(2), 35-39.
Skorobogatova, O., & Kuzmina-Merlino, I. (2017). Transport infrastructure development performance. Procedia Engineering, 178, 319-329.
Stam, F. C., & van de Ven, A. (2018). Entrepreneurial ecosystems: a systems perspective. USE Working Paper series, 18(06) 1-27.
Stuetzer, M., Audretsch, D. B., Obschonka, M., Gosling, S. D., Rentfrow, P. J., & Potter, J. (2018). Entrepreneurship culture, knowledge spillovers and the growth of regions. Regional Studies, 52(5), 608-618.
Tan, T. M., Tan, W. L., & John, E. Y. (1994). A conceptualisation of the entrepreneurial infrastructure: the case of Singapore. paper presented at the 5th world conference on entrepreneurship: the pursuit of opportunity, entrepreneurship development centre, Singapore. 76-84. Retrieved from https://ink.library.smu.edu.sg/soa_research/537/
Tan, T. M., Tan, W. L., & Young, J. E. (2000). Entrepreneurial infrastructure in Singapore: developing a model and mapping participation. The Journal of Entrepreneurship, 9(1), 1-33
Thanki, S. J., & Thakkar, J. (2018). Interdependence analysis of lean-green implementation challenges: a case of Indian SMEs. Journal of Manufacturing Technology Management, 29(2), 295-328.
Wong, M. C., Li, S. C., & Ku, A. C. (2015). Impacts of Intellectual Capital on Profitability: An Analysis on Sector Variations in Hong Kong. Journal of US-China Public Administration, 12(8), 614-626.
Zia, S., Obaid, M. S., Ahmed, J., & Qazi, S. (2019). Key-feature questions for assessment of clinical reasoning: Reliable and valid or not? Rawal Medical Journal, 44(1), 189-191.
Abdullahi, M. S., Ghazali, P. L., Awang, Z., Mohd T. I., Ali, M., &Salim, N. A. (2015). The effect of finance, infrastructure and training on the performance of small and medium scale enterprises in Nigeria. International Journal of Business and Technopreneurship, 5(3), 421- 452.
Adegbite, S. A. (2012). An evaluation of technology innovation on the performance of indigenous textile weaving firms in South western Nigeria. Journal of Business & Management, 1(1), 1-14.
Adegbite, S. A. (2012). An evaluation of technology innovation on the performance of indigenous textile weaving firms in South western Nigeria. Journal of Business & Management, 1(1), 1-14.
Aguboshim, F. C., & Miles, G. S. (2018). Well-defined interface development process: an important interface design strategy to create easy-to-use banking ATM system interfaces in Nigeria. International Journal of Engineering Science, 8(12) 19514-19525
Agwu, E. (2018). Relevance of information technology in the effective management of selected SMEs in Lagos State Nigeria. Academy of Strategic Management Journal, 17(1), 1-15
Ahmad, K. M. (2019). Crowd funding as financial option for small and medium enterprises in Nigeria.Pertanika Journal of Scholarly Research Reviews, 4(3), 89-96.
Ajayi, B. (2016). The impact of entrepreneurial orientation and networking capabilities on the export performance of Nigerian agricultural SMEs. Journal of Entrepreneurship and Innovation in Emerging Economies, 2(1), 1-23.
Aliyu, A. U. L., (2019). Problems and solutions of small and medium scale enterprises in Nigeria. International Journal of Economics & Business, 2(1), 1-4.
Anunobi, A. I., &Zubairu, S. N. (2015). Post-occupancy evaluation of some selected hotels in Minna, north central Nigeria. Academic Research International, 6(6), 94-102.
Ayuba, P., & Agah, F. A. (2018). Assessment of flexible features in the design of event centres in Minna, Niger state Nigeria. Nigerian Journal of Technology, 37(3), 587-599.
Bagheri, M., Shojaei, P., & Khorami, M. (2018). A comparative survey of the condition of tourism infrastructure in Iranian provinces using VIKOR and TOPSIS. Decision Science Letters. 7(1), 87-102.
Banki, M. B., Ismail, H. N. B., Danladi, M. H., & Dalil, M. (2016). Measuring hotels service quality in Nigeria: A case study of Minna township. Journal of Quality Assurance in Hospitality & Tourism, 17(1), 71-88.
Battistella, C., Cagnina, M., Cicero, L., & Preghenella, N. (2018). Sustainable business models of SMEs: challenges in yacht tourism sector. Sustainability, 10(10), 1-20.
Bliemel, M., Flores, R., De Klerk, S., & Miles, M. P. (2019). Accelerators as start-up infrastructure for entrepreneurial clusters. Entrepreneurship & Regional Development, 31(1-2), 133-149.f
Bonaiuti, M. (2018). Are we entering the age of involuntary degrowth? Promethean technologies and declining returns of innovation. Journal of Cleaner Production, 197(1), 1800-1809.
Cole, M. A., Elliott, R. J., Occhiali, G., & Strobl, E. (2018). Power outages and firm performance in Sub-Saharan Africa. Journal of Development Economics, 134, 150-159.
Del-Vecchio, P., Di-Minin, A., Petruzzelli, A. M., Panniello, U., & Pirri, S. (2018). Big data for open innovation in SMEs and large corporations: Trends, opportunities, and challenges. Creativity and Innovation Management, 27(1), 6-22.
Dwisusanto, Y. B., Lianto, F., & Arifin, L. S. (2019). The meaning of “boundary line” due to the precast module system in ‘rusunawa’bumi cengkareng indah, Jakarta, Indonesia. Dimensi Journal of Architecture and Built Environment 45(2), 173-180.
Eke, O. P., Okoye, L. U., & Evbuomwan, G. O. (2018). A dynamic analysis of the nexus between entrepreneurship, human capital development and financial deepening: evidence from selected African economies. Journal of Applied Economic Sciences, 13(5), 1-16
Essays, U. K. (2016). The economic importance of hospitality industry. Tourism Essay. Retrieved from https://www.ukessays.com/essays/tourism/the-economic-importance-of-hospitality-industry-tourism-essay.php
Etikan, I., Musa, S. A., & Alkassim, R. S. (2016). Comparison of convenience sampling and purposive sampling. American Journal of Theoretical and Applied Statistics, 5(1), 1-4.
Ezenwafor, J. I., & Ukwuoma, A. N. (2019). Contributions of the internet to the academic development of university business education undergraduates in Anambra State. Journal of Technology and Vocational Education, 2(1), 120-129.
Galkina, T., & Kock, S. (2011). The influence of entrepreneurial infrastructure on entrepreneur networking: a comparative case study of Russian and Finnish founding teams. International Journal of Entrepreneurship and Small Business, 13(3), 238-254.
Ganau, R., & Rodríguez Pose, A. (2018). Industrial clusters, organized crime, and productivity growth in Italian SMEs. Journal of Regional Science, 58(2), 363-385.
Hasan, H., Sugiharto, D. Y. P., & Sunawan, S. (2019). Group counseling of cognitive behavior with self instruction technique on self efficacy and academic burnout. Jurnal Bimbingan Konseling, 8(1), 44-49.
Husmann, P. R., & O'Loughlin, V. D. (2019). Another nail in the coffin for learning styles? Disparities among undergraduate anatomy students’ study strategies, class performance, and reported VARK learning styles. Anatomical sciences education, 12(1), 6-19.
Islam, A., & Hyland, M. (2018). The drivers and impacts of water infrastructure reliability. 1-40 retrieved from https://elibrary.worldbank.org/doi/pdf/10.1596/1813-9450-8637
Kanamugire, N., & Ndayishimiye, N. (2016). Entrepreneurial infrastructure for the development of Entrepreneurs in Rwanda. (Master's thesis, Linnaeus University, Sweden) Retrieved from http://www.diva-portal.org/smash/record.jsf?pid=diva2:1037281
Kontosic P. R., & Belullo, A. (2018). Investments’ background of entrepreneurial zones in Croatia. Economic Research, DOI: 10.1080/1331677X.2018.1506707, 1-17
Kontosic, P. R., & Belullo, A. (2018). Investments’ background of entrepreneurial zones in Croatia. Economic research-Ekonomska istraživanja, 31(1), 1590-1606.
Kyunga, F. K. (2013) Infrastructural development and growth of small and micro enterprises in the Nairobi section of Thika road, in Kenya. (Unpublished PhD Thesis).
Li, X., & Pang, L. (2010). Empirical analysis on Chinese self-brand automobile enterprises' competitive advantage. International Journal of Learning and Intellectual Capital, 7(3-4), 374-393.
Manggat, I., Zain, R., & Jamaluddin, Z. (2018). The impact of infrastructure development on rural communities: a literature review. International Journal of Academic Research in Business and Social Sciences, 8(1), 647-658.
Mansour, M. (2017). What Drives Innovation and Productivity? A Case Study Using Data for German Firms (Doctoral dissertation, University of Goucestershire, England). Retrieved from http://eprints.glos.ac.uk/5593/
Marasi, S., Wall, A., & Brewer, K. (2019). Participant Carelessness: is it a substantial problem with survey data?. Electronic Journal of Business Research Methods, 17(1), 1-16.
Mawoli, M. (2014). Service quality of public utilities in Nigeria: A survey of small business enterprises managers in Niger State. Centerpoint Journal (humanities edition), 17(1), 1-17.
Medakovic, V., & Vaskovic, S. (2018). Categories and general characteristics of entrepreneurial infrastructure. Supporting University Ventures in Nanotechnology, Biomaterials and Magnetic Sensing Applications 25-45. DOI 10.1007/978-3-319-61237-9_2
Okon, E. O. (2018). MSMEs as engine of economic growth in Nigeria: challenges and prospects of scalability. Australian Finance & Banking Review, 2(1), 1-10.
Olarinde, M. O., & Yahaya, Z. A. (2018). African growth convergence: role of institutions and macroeconomic policies. International Journal of Development Issues, 17(3), 346-371.
Ormazabal, M., Prieto-Sandoval, V., Puga-Leal, R., & Jaca, C. (2018). Circular economy in spanish SMEs: challenges and opportunities. Journal of Cleaner Production, 185, 157-167.
Oteng-Ababio, M., Owusu, G., & Asafo, D. M. (2019). Following the footsteps: urbanisation of wa municipality and its synergism in risk accumulation, uncertainties and complexities in urban Ghana. Jàmbá: Journal of Disaster Risk Studies, 11(1), 10.
Prasetyani, D., Ashar, K., Susilo, S., & Multifiah, M. (2019). The meaning of business success: moslem women entrepreneur in Surakarta. International Journal of Trade and Global Markets, 12(2), 168-186.
Pula, L., & Elshani, A. (2018). Role of public expenditure in economic growth: econometric evidence from kosovo 2002–2015. Baltic Journal of Real Estate Economics and Construction Management, 6(1), 1-14.
Saylor, J., Hertsenberg, L., McQuillan, M., O'Connell, A., Shoe, K., & Calamaro, C. J. (2018). Effects of a service learning experience on confidence and clinical skills in baccalaureate nursing students. Nurse education today, 61, 43-48.
Siddiquee, N. A., Xavier, J. A., & Mohamed, M. Z. (2019). What works and why? Lessons from public management reform in Malaysia. International Journal of Public Administration, 42(1), 14-27.
Sigurdardottir, I. (2018). Wellness and equestrian tourism–new kind of adventure?. Scandinavian Journal of Hospitality and Tourism, 18(4), 377-392.
Simatupang, D. O. (2019). Farmers motivation in banking agriculture credit loans. International Journal of Civil Engineering and Technology, 10(2), 35-39.
Skorobogatova, O., & Kuzmina-Merlino, I. (2017). Transport infrastructure development performance. Procedia Engineering, 178, 319-329.
Stam, F. C., & van de Ven, A. (2018). Entrepreneurial ecosystems: a systems perspective. USE Working Paper series, 18(06) 1-27.
Stuetzer, M., Audretsch, D. B., Obschonka, M., Gosling, S. D., Rentfrow, P. J., & Potter, J. (2018). Entrepreneurship culture, knowledge spillovers and the growth of regions. Regional Studies, 52(5), 608-618.
Tan, T. M., Tan, W. L., & John, E. Y. (1994). A conceptualisation of the entrepreneurial infrastructure: the case of Singapore. paper presented at the 5th world conference on entrepreneurship: the pursuit of opportunity, entrepreneurship development centre, Singapore. 76-84. Retrieved from https://ink.library.smu.edu.sg/soa_research/537/
Tan, T. M., Tan, W. L., & Young, J. E. (2000). Entrepreneurial infrastructure in Singapore: developing a model and mapping participation. The Journal of Entrepreneurship, 9(1), 1-33
Thanki, S. J., & Thakkar, J. (2018). Interdependence analysis of lean-green implementation challenges: a case of Indian SMEs. Journal of Manufacturing Technology Management, 29(2), 295-328.
Wong, M. C., Li, S. C., & Ku, A. C. (2015). Impacts of Intellectual Capital on Profitability: An Analysis on Sector Variations in Hong Kong. Journal of US-China Public Administration, 12(8), 614-626.
Zia, S., Obaid, M. S., Ahmed, J., & Qazi, S. (2019). Key-feature questions for assessment of clinical reasoning: Reliable and valid or not? Rawal Medical Journal, 44(1), 189-191.