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

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  • 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
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    References listed on IDEAS

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    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.
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