Creativity as a Predictor of Business Performance

2011 ◽  
Vol 2 (2) ◽  
pp. 24-38
Author(s):  
Olu Ojo
Keyword(s):  
Business Performance ◽  
Descriptive Statistics ◽  
Main Hypothesis ◽  
Self Employment ◽  
Core Courses ◽  
Research Questions ◽  
Set Up ◽  
Lateral Thinking ◽  
The Impact ◽  
Detailed Presentation

This study investigates the impact of creativity as a predictor of business performance of undergraduate entrepreneurs in Nigerian universities. Survey research design was used. A sample size of 120 respondents was selected while only 100 of them actively participated in the study. Research questions were set with one main hypothesis that was formulated and tested. Descriptive statistics comprising the simple percentage and tables were used for detailed presentation and analysis of data. The Pearson product moment correlation coefficient was adopted to test the hypothesis. The study reveals that there is a positive relationship between creativity and business performance. The researcher concluded by recommending that young entrepreneurs be more creative, attend more business seminars, invest in reading wide, scanning the environment regularly, and identifying society problems as well as customers’ needs and wants. It was also recommended that universities should widen their curricula to include core courses that encourage creativity, lateral-thinking, brainstorming, and problem solving as well as entrepreneurship development. In addition, universities should set up programmes to encourage the commercialisation of student’s business ideas and possibly self employment scheme.

Creativity as a Predictor of Business Performance

2013 ◽  
pp. 242-256
Author(s):  
Olu Ojo
Keyword(s):  
Business Performance ◽  
Positive Relationship ◽  
Descriptive Statistics ◽  
Main Hypothesis ◽  
Self Employment ◽  
Core Courses ◽  
Research Questions ◽  
Set Up ◽  
Lateral Thinking ◽  
The Impact

This study investigates the impact of creativity as a predictor of business performance of undergraduate entrepreneurs in Nigerian universities. Survey research design was used. A sample size of 120 respondents was selected while only 100 of them actively participated in the study. Research questions were set with one main hypothesis that was formulated and tested. Descriptive statistics comprising the simple percentage and tables were used for detailed presentation and analysis of data. The Pearson product moment correlation coefficient was adopted to test the hypothesis. The study reveals that there is a positive relationship between creativity and business performance. The researcher concluded by recommending that young entrepreneurs be more creative, attend more business seminars, invest in reading wide, scanning the environment regularly, and identifying society problems as well as customers’ needs and wants. It was also recommended that universities should widen their curricula to include core courses that encourage creativity, lateral-thinking, brainstorming, and problem solving as well as entrepreneurship development. In addition, universities should set up programmes to encourage the commercialisation of student’s business ideas and possibly self employment scheme.

scholarly journals The Impact of Entrepreneurial Training and Performance of SMEs In Ghana

2020 ◽  
pp. 126-134
Author(s):  
Richard Sarfo Gyasi ◽  
Cai Li ◽  
Isaac Gumah Akolgo ◽  
Yvonne Owusu-Ampomah
Keyword(s):  
Small Scale ◽  
Business Skills ◽  
Training Interventions ◽  
Self Employment ◽  
Entrepreneurial Training ◽  
And Performance ◽  
Set Up ◽  
Economic Landscape ◽  
The Impact

In developing countries such as Ghana, the economic landscape is changing, with a move from foreign direct investment to self-employment and entrepreneurship. Academics, practitioners and governments worldwide increasingly recognized the role of education and training in providing entrepreneurs with the necessary business skills and acumen to plan, set up and grow their business ideas. The main aim of the study is to investigate the impact of entrepreneurial training intervention on innovations and performance of small scale automobile businesses in Ghana. Data was collected from small scale automobile business owners and managers in Kumasi Metropolis in the Ashanti Region of Ghana. The convenient sampling method was used to select eight hundred and ninety-six (896) respondents for the study. The data was analyzed meaningfully following the appropriate protocols by categorizing and coding. The Statistical Package for Social Science (SPSS) version 21.0, SMART PLS 3.2.8 and Microsoft Excel 2007 were used in analyzing the data. The study reveals that; there is a significant relationship between entrepreneurial training interventions and performance of small scale automobile firms in Ghana.

scholarly journals The Impact of Participation in Service Company’s Socially Responsible Activities on Employee’s Affective Commitment

2021 ◽  
Vol 7 (1) ◽  
pp. 212-220
Author(s):  
Milena Damnjanović
Keyword(s):  
Affective Commitment ◽  
Positive Impact ◽  
Descriptive Statistics ◽  
Positive Experience ◽  
Socially Responsible ◽  
Main Hypothesis ◽  
Creative Commons ◽  
Service Companies ◽  
The Impact ◽  
One Way Anova

Employees’ perspectives of the company’s social responsibility (SR) and the company’s SR impact on employees have so far been given little attention in research. This gap is surprising since it is well known to what extent employees affect overall companies’ results. They have a crucial role in SR activities implementation, so it is important for management to define employees’ roles in SR activities implementation carefully. This paper explored the influence of employees’ participation in SR activities on their affective commitment to service companies. The main hypothesis was that participation in SR activities has a significant positive impact on employees’ affective commitment. The goal was to show that employees who participated in SR activities were more committed than employees who did not participate in SR activities. The data were collected through a questionnaire and analysed using descriptive statistics, independent-samples t-tests, and one-way ANOVA. The results showed that there were no statistically significant differences in the level of affective commitment between employees who participated in SR activities and those who did not participate in them. Less than half of respondents participated in SR activities, so a suggestion for managers was to share the positive experience of participation in SR activities and invite employees to participate more. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

scholarly journals Innovation of Polish family and non-family businesses

2021 ◽  
Vol 2021 (150) ◽  
pp. 81-98
Author(s):  
Teresa KRAŚNICKA ◽  
Keyword(s):  
Product Innovation ◽  
Business Performance ◽  
Design Methodology ◽  
Family Firms ◽  
Business Owners ◽  
Qualitative Aspect ◽  
Process Innovations ◽  
Research Questions ◽  
The Impact ◽  
Practical Implications

Purpose: The study aimed to identify differences in the level of innovation of the two types of firms – family (FB) and non-family (NFB) – and understand how the expectations of the management and/or business owners vary regarding the impact of innovations on business performance. Design/methodology/approach: Research questions were formulated based on the review of the findings of the surveys that compared innovation in family and non-family firms worldwide. Then, empirical research was conducted in 334 family and non-family firms in Poland. Findings: The findings do not confirm significant differences in the level of product innovation between FB and NFB. On the other hand, they point to a higher level of innovation measured with the number of process innovations in NFB. Research shows that firms rate the degree to which the expectations of innovation effects were fulfilled relatively low in both types of firms. Research limitations/implications: The applied measurement of the level of innovation according to the number of implemented innovations does not take into account their qualitative aspect, whether they are radical or incremental. The survey (questionnaire and interview) was based solely on the number of innovations declared as implemented by the respondents. Practical implications: The survey findings should inspire managers of family and non-family firms to analyze both the expected effects of the implementation of a particular type of innovation and to assess its actual outcomes. Social implications: Studies show that FB are not less innovative when it comes to implementing new or modified products and services. This contradicts both the opinions and some research results about the conservatism of FB or their stronger orientation towards family goals at the expense of a firm’s growth. Originality/value: This comparative study on FB and NFB innovation fills a gap in the area where knowledge concerning this issue is still scarce in Poland

scholarly journals THE INFLUENCE OF MENTORING ON WOMEN BUSINESS PERFORMANCE: A CONCEPTUAL FRAMEWORK

2021 ◽  
pp. 200-204
Author(s):  
Ramesh Thangavelu ◽  
Armanurah Mohamad ◽  
Mathivanan Jaganathan
Keyword(s):  
Random Sampling ◽  
Business Performance ◽  
The Body ◽  
Descriptive Statistics ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Proposed Model ◽  
Microfinance Institution ◽  
The Impact ◽  
Micro Enterprises

This study examines the impact of mentoring on the performance of women’s microenterprises in Malaysia’s northern states as well as participants in Amanah Ikhtiar Malaysia. A proposed model has been constructed on the basis of thorough literature studies. Based on the literature, no clear conclusions about the impact of mentoring on the success of women’s microenterprises have been reached. This study’s originality stems from the implications of information and knowledge for any micro-entrepreneur or microfinance institution to consider the impact of mentoring on performance. Aside from that, the paper’s other contribution is the microfinance institution’s moderating function in providing microfinance. This paper will undoubtedly contribute to the body of information on women’s business performance. The data for this study will be collected from 348 female micro-enterprises through a cross-sectional survey with stratified random sampling. Data will be analysed using descriptive statistics and regression using SPSS and SmartPLS. KEYWORDS: mentoring, microenterprise, microfinance, micro entrepreneurs and women business performance

scholarly journals Influence of Organizational Culture & Intellectual Capital on Business Performance in Textile Industry of Pakistan

2021 ◽  
Vol 45 (1) ◽  
pp. 243-265
Author(s):  
Syed Muhammad Fahim ◽  
Syeda Misbah Inayat ◽  
Syed Muhammad Rafay Zaidi ◽  
Daniyal Ahmed ◽  
Ramish Hassan ◽  
...  
Keyword(s):  
Organizational Culture ◽  
Technological Innovation ◽  
Intellectual Capital ◽  
Textile Industry ◽  
Business Performance ◽  
Sampling Technique ◽  
Mediating Effect ◽  
Set Up ◽  
The Impact ◽  
The Relationship

This paper aims to find out the extent to which organizational culture and intellectual capital influence the textile industry’s business performance in Pakistan. The study uses causal and explanatory research design. Several 200 textile industry employees participated in this survey, selected as the study sample using the purposive sampling technique. The study detects that both organizational and intellectual capital directly impact the textile firms’ business performance. However, the impact of intellectual capital on business performance is more substantial than that of organizational culture. The mediating effect of technological innovation in the relationship between organizational culture and business performance is also supported. The study can be used by the textile industry managers to set up policies on how to improve business performance in the textile firms. The study also fills the literature gap as prior studies do not have worked on the mediating aspect of technological innovation.

scholarly journals Managing Big Data for Addressing Research Questions in a Collaborative Project on Automated Driving Impact Assessment

Sensors ◽  
2020 ◽  
Vol 20 (23) ◽  
pp. 6773
Author(s):  
Francesco Bellotti ◽  
Nisrine Osman ◽  
Eduardo H. Arnold ◽  
Sajjad Mozaffari ◽  
Satu Innamaa ◽  
...  
Keyword(s):  
Big Data ◽  
Impact Assessment ◽  
Automated Driving ◽  
Sensitive Data ◽  
Subjective Data ◽  
Fully Integrated ◽  
Data Validity ◽  
Research Questions ◽  
Set Up ◽  
The Impact

While extracting meaningful information from big data is getting relevance, literature lacks information on how to handle sensitive data by different project partners in order to collectively answer research questions (RQs), especially on impact assessment of new automated driving technologies. This paper presents the application of an established reference piloting methodology and the consequent development of a coherent, robust workflow. Key challenges include ensuring methodological soundness and data validity while protecting partners’ intellectual property. The authors draw on their experiences in a 34-partner project aimed at assessing the impact of advanced automated driving functions, across 10 European countries. In the first step of the workflow, we captured the quantitative requirements of each RQ in terms of the relevant data needed from the tests. Most of the data come from vehicular sensors, but subjective data from questionnaires are processed as well. Next, we set up a data management process involving several partners (vehicle manufacturers, research institutions, suppliers and developers), with different perspectives and requirements. Finally, we deployed the system so that it is fully integrated within the project big data toolchain and usable by all the partners. Based on our experience, we highlight the importance of the reference methodology to theoretically inform and coherently manage all the steps of the project and the need for effective and efficient tools, in order to support the everyday work of all the involved research teams, from vehicle manufacturers to data analysts.

Introduction

2015 ◽  
pp. 1-16 ◽  
Keyword(s):  
Business Performance ◽  
Research Question ◽  
The Internet ◽  
Critical Factors ◽  
Senior Managers ◽  
Organisational Capacity ◽  
Telecommunication Technology ◽  
Trading Partners ◽  
Research Questions ◽  
The Impact

The explosion of the Internet and other telecommunication technology facilitates the interaction between trading partners using wireless communications. E-collaboration considerably facilitates inter-organisational sharing of knowledge and information and subsequently improves business performance. The level of wireless technology used to manage commercial transactions between partners is regarded as the ‘e-commerce diffusion'. Effective information sharing among trading partners heavily depends on trust outside organization and organisational capacity inside organization, which form two critical factors to successful inter-organisational collaboration. The research question cannot be answered without thorough investigation of the impact of e-collaboration and e-commerce diffusion on business performance as practiced by industry. The survey was addressed to CEOs and senior managers from 500 organisations in China manufacturing electrical products. This chapter give an overview of the key definitions, research questions, research methodology, research significance and limitations of scope of the book.

scholarly journals COVID-19 and the policy of sanctions: An event analysis

2020 ◽  
Vol 13 (4) ◽  
pp. 449-464
Author(s):  
Ivan Timofeev ◽  
Keyword(s):  
Event Analysis ◽  
Analysis Method ◽  
Main Hypothesis ◽  
Limited Impact ◽  
Policy Tool ◽  
The World ◽  
Research Questions ◽  
Global Threat ◽  
The Impact

The article aims to explore the impact of the COVID-19 pandemic on the use of sanctions as a foreign policy tool. The following research questions are posed: in what way did COVID-19 affect the policy of sanctions around the world? To what extant did the initiators of sanctions change their restrictions? Where did COVID-19 rank on the global sanctions agenda? What was the position of the UN as a key institution of global governance and what was the reaction of the key countries that initiated the sanctions? The main hypothesis is that COVID-19 has not significantly altered the existing sanctions regime. No single initiator-state has changed its sanctions regime in principle, but states have made a number of humanitarian exemptions. However, these exemptions are limited and sanctions have continued to be imposed as usual. In some areas, COVID-19 has even exacerbated international tensions and raised the risks of sanctions, especially in U. S.—China relations. The hypothesis was tested using the event analysis method of sanctions episodes during the pandemic (March-June 2020). The research provides an analysis of quantity and quality of events and their distribution among initiators. Emphasis is placed on the study of events connected to COVID-19. The results reveal a limited impact of COVID-19 on sanctions policy and highlight the weakness of the UN to affect the behavior of key sanctions initiators even in conditions of a global threat such as COVID-19.

scholarly journals E-Procurement as a Strategic Sourcing Tool in the Beverage Industry in Zimbabwe

2020 ◽  
Vol 6 (2) ◽  
pp. 40
Author(s):  
Tinashe Madzinga ◽  
Vusumuzi Sibanda ◽  
Shakerod Munuhwa
Keyword(s):  
Business Processes ◽  
Positive Association ◽  
Descriptive Statistics ◽  
Significant Positive Association ◽  
Strategic Sourcing ◽  
Quantitative Survey ◽  
Beverage Industry ◽  
Key Players ◽  
Research Questions ◽  
The Impact

This study evaluated the impact of e-procurement as a strategic sourcing tool in the Beverage Industry in Zimbabwe. A quantitative survey of 57 respondents drawn from the key players in the Beverage Industry in Harare, Zimbabwe was conducted using a questionnaire. In line with the research objectives, descriptive statistics were calculated and cross tabulations were also performed in SPSS to produce outputs that provided answers to the research questions. The results show that through the use of e-procurement, companies are able to move towards partnership or lean supply with a smaller number of more technically proficient suppliers. The study concluded that there is a significant positive association between e-procurement and improvement in procurement efficiency. The study recommends that organisations develop adequate business processes to support e-procurement and the alignment of existing procurement processes with e-procurement procedures.

Sign in / Sign up

Export Citation Format

Share Document