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Corporate Entrepreneurship and Market Share of Selected Polyurethane Manufacturing Companies in Lagos State, Nigeria

Author

Listed:
  • Omonijo
  • O.S .
  • Egwakhe
  • A.J .
  • Akande
  • F.P .
  • Umukoro
  • E.J

Abstract

Purpose: This study investigated corporate entrepreneurship and the market share of selected polyurethane manufacturing companies in Lagos State, Nigeria. Approach/Methodology/Design: A survey research design was used, and copies of a structured questionnaire were administered to low, middle, and high-level management staff. A Census survey was employed, and 327 management staff constituted the sample. Model estimation was developed along with multiple regression, and SPSS software version 24 was used for analysis. Findings: The results revealed that corporate entrepreneurship positively and significantly affected market share with risk-taking as the best predictor. Practical Implications: The study expanded the frontier of knowledge on Nigerian polyurethane manufacturing performance by unbundling corporate entrepreneurship to see how each element affected market share. Originality/Value: The study is an original study and it adds to scholarly debate on corporate entrepreneurship and market share of polyurethane manufacturing companies as the adoption of managers’ perspectives was subjective, and market share is not static, hence secondary data could be a future option for scholars.

Suggested Citation

  • Omonijo & O.S . & Egwakhe & A.J . & Akande & F.P . & Umukoro & E.J, 2022. "Corporate Entrepreneurship and Market Share of Selected Polyurethane Manufacturing Companies in Lagos State, Nigeria," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 12(2), pages 169-181.
    • Handle: RePEc:ers:ijfirm:v:12:y:2022:i:2:p:169-181
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    References listed on IDEAS

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    More about this item

    Keywords

    Corporate entrepreneurship; Innovativeness; Proactiveness; Market share; Risk-;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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