IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v8y2024i4p1570-1583.html
   My bibliography  Save this article

Entrepreneurial Passion and Venture Capitalists’ Willingness to Invest in SMEs in Jos North, Plateau State

Author

Listed:
  • Ogundare Nathaniel Jide

    (Department of Business Administration, University of Jos)

  • Kwaskebe, Amnon Charles

    (Department of Business Management, Gombe State University)

  • Yilshian, Noel Nkup

    (Department of Business Administration, Faculty of Management Sciences, University of Jos)

Abstract

This study examines the relationship between entrepreneurial passion and Venture capitalists’ willingness to invest in SMEs in Jos North, Plateau State. Using a quantitative method, data was collected via questionnaires. Two Hundred and Sixty-Two (262) questionnaires were distributed to SMEs in Jos North, Plateau State. Using regression analysis, data was analyzed via Statistical Package for Social Sciences (SPSS) to test the two hypotheses formulated for this study. The findings reveal that Entrepreneurial Identity-Oriented Passion has significant relationship with venture Capitalists’ willingness to invest in SMEs, also Venture-Oriented Passion has a significant relationship with Venture Capitalists’ willingness to invest in SMEs. The study recommends that any Entrepreneur who wants to attract venture capital must be passionate enough to be able to convince the venture Capitalists to invest in such business.

Suggested Citation

  • Ogundare Nathaniel Jide & Kwaskebe, Amnon Charles & Yilshian, Noel Nkup, 2024. "Entrepreneurial Passion and Venture Capitalists’ Willingness to Invest in SMEs in Jos North, Plateau State," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(4), pages 1570-1583, April.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:4:p:1570-1583
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-8-issue-4/1570-1583.pdf
    Download Restriction: no
    File URL: https://rsisinternational.org/journals/ijriss/articles/entrepreneurial-passion-and-venture-capitalists-willingness-to-invest-in-smes-in-jos-north-plateau-state/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cardon, Melissa S. & Gregoire, Denis A. & Stevens, Christopher E. & Patel, Pankaj C., 2013. "Measuring entrepreneurial passion: Conceptual foundations and scale validation," Journal of Business Venturing, Elsevier, vol. 28(3), pages 373-396.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carolina Herrando & Julio Jiménez-Martínez & María José Martín-De Hoyos, 2017. "Passion at first sight: how to engage users in social commerce contexts," Electronic Commerce Research, Springer, vol. 17(4), pages 701-720, December.
    2. Diego Norena-Chavez, 2022. "Influence of SARS-CoV-2 on the Mediating Effect of Entrepreneurial Passion in the Relationship between Entrepreneurial Self-Efficacy and Innovative Behavior," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 125-139.
    3. Liu, Chih-Hsing & Dong, Tse-Ping & Vu, Ho Tran, 2023. "Transformed virtual concepts into reality: Linkage the viewpoint of entrepreneurial passion, technology adoption propensity and advantage to usage intention," Journal of Retailing and Consumer Services, Elsevier, vol. 75(C).
    4. Jahanmir a,b,c,, Sara F., 2016. "Paradoxes or trade-offs of entrepreneurship: Exploratory insights from the Cambridge eco-system," Journal of Business Research, Elsevier, vol. 69(11), pages 5101-5105.
    5. Delichte, Jody & Powell, E. Erin & Hamann, Ralph & Baker, Ted, 2024. "To profit or not to profit: Founder identity at the intersection of religion and entrepreneurship," Journal of Business Venturing, Elsevier, vol. 39(4).
    6. Pawan V. Bhansing & Erik Hitters & Yosha Wijngaarden, 2018. "Passion Inspires: Motivations of Creative Entrepreneurs in Creative Business Centres in the Netherlands," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 27(1), pages 1-24, March.
    7. Sara Sassetti & Giacomo Marzi & Vincenzo Cavaliere & Cristiano Ciappei, 2018. "Entrepreneurial cognition and socially situated approach: a systematic and bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 116(3), pages 1675-1718, September.
    8. Rui Hu & Zuxian Shen & Tae-Won Kang & Li Wang & Peng Bin & Shan Sun, 2023. "Entrepreneurial Passion Matters: The Relationship Between Proactive Personality and Entrepreneurial Intention," SAGE Open, , vol. 13(4), pages 21582440231, October.
    9. Dolores Gallardo-Vázquez & Teresa C. Herrador-Alcaide & Juan Cruz Sánchez-Domínguez, 2024. "Developing a measurement scale of corporate socially responsible entrepreneurship in sustainable management," Review of Managerial Science, Springer, vol. 18(5), pages 1377-1426, May.
    10. Rasim Serdar Kurdoglu & Nüfer Yasin Ateş, 2022. "Arguing to Defeat: Eristic Argumentation and Irrationality in Resolving Moral Concerns," Journal of Business Ethics, Springer, vol. 175(3), pages 519-535, January.
    11. Stefan Schulte-Holthaus, 2019. "Passion and Performance in Entrepreneurial Contexts: An Interest-based Approach," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 28(2), pages 201-222, September.
    12. Dan Cohen & Dan K. Hsu & Rachel S. Shinnar, 2021. "Identifying innovative opportunities in the entrepreneurship classroom: a new approach and empirical test," Small Business Economics, Springer, vol. 57(4), pages 1931-1955, December.
    13. Verreynne, Martie-Louise & Hine, Damian & Coote, Len & Parker, Rachel, 2016. "Building a scale for dynamic learning capabilities: The role of resources, learning, competitive intent and routine patterning," Journal of Business Research, Elsevier, vol. 69(10), pages 4287-4303.
    14. Komlósi, Éva & Sebestyén, Tamás & Tóth-Pajor, Ákos & Bedő, Zsolt, 2022. "Do specific entrepreneurial ecosystems favor high-level networking while others not? Lessons from the Hungarian IT sector," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    15. Strese, Steffen & Gebhard, Philipp & Feierabend, David & Brettel, Malte, 2018. "Entrepreneurs' perceived exit performance: Conceptualization and scale development," Journal of Business Venturing, Elsevier, vol. 33(3), pages 351-370.
    16. Chandra, Yanto, 2017. "Social entrepreneurship as emancipatory work," Journal of Business Venturing, Elsevier, vol. 32(6), pages 657-673.
    17. Shane, Scott & Drover, Will & Clingingsmith, David & Cerf, Moran, 2020. "Founder passion, neural engagement and informal investor interest in startup pitches: An fMRI study," Journal of Business Venturing, Elsevier, vol. 35(4).
    18. Fu, Yingzhu & Tietz, Matthias A. & Delmar, Frédéric, 2022. "Obsessive passion and the venture team: When co-founders join, and when they don't," Journal of Business Venturing, Elsevier, vol. 37(4).
    19. Hauck, Jana & Suess-Reyes, Julia & Beck, Susanne & Prügl, Reinhard & Frank, Hermann, 2016. "Measuring socioemotional wealth in family-owned and -managed firms: A validation and short form of the FIBER Scale," Journal of Family Business Strategy, Elsevier, vol. 7(3), pages 133-148.
    20. Ataullah Kiani & Jingjiang Liu & Usman Ghani & Anastasia Popelnukha, 2020. "Impact of Future Time Perspective on Entrepreneurial Career Intention for Individual Sustainable Career Development: The Roles of Learning Orientation and Entrepreneurial Passion," Sustainability, MDPI, vol. 12(9), pages 1-18, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:8:y:2024:i:4:p:1570-1583. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.