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Modelling the Impacts of Innovation Diffusion on Entrepreneurial Development in Ekiti and Ondo States, Nigeria

Author

Listed:
  • Adegun Olorunwa Simon

    (Rufus Giwa Polytechnic, Owo, Ondo State, Nigeria.)

  • Afolayan Adio

    (Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State, Nigeria.)

  • Adebusoye Adeyemi Busayo

    (Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State, Nigeria.)

  • Williams Samuel Opeyemi

    (Rufus Giwa Polytechnic, Owo, Ondo State, Nigeria.)

Abstract

This study explores the nexus between innovation diffusion and entrepreneurial development in Ekiti and Ondo states, Nigeria. Recognizing the region’s historical and cultural legacy in enterprise, this research examines how contemporary drivers such as government policy, technological advancement, creativity, and resource availability impact entrepreneurial performance. While prior studies have focused heavily on multinational corporations, this work centers on public sector innovation and small to medium-sized enterprises (SMEs). In achieving this, a random sampling was adopted to select the study participants in responding to the research questionnaires. Consequently, three hundred and eighty-five (385) self-administered questionnaires were analysed descriptively, while structural equation modelling (AMOS graphics, version 22) was used in analysing the impact of innovation diffusion and entrepreneurial development. The outcome of the survey revealed that the government policy, technological advancement, creativity, and technological innovation have an impact on entrepreneurial development. Findings from this research will inform policymakers and provide a replicable model for other developing economies.

Suggested Citation

  • Adegun Olorunwa Simon & Afolayan Adio & Adebusoye Adeyemi Busayo & Williams Samuel Opeyemi, 2025. "Modelling the Impacts of Innovation Diffusion on Entrepreneurial Development in Ekiti and Ondo States, Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(9), pages 8709-8723, September.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-9:p:8709-8723
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    References listed on IDEAS

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    1. Benjamin M. Oviatt & Patricia P. McDougall, 2005. "Defining International Entrepreneurship and Modeling the Speed of Internationalization," Entrepreneurship Theory and Practice, , vol. 29(5), pages 537-553, September.
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