Artikel
The entrepreneur motivation and financing sources
The paper is to examine the influence of business innovation, business expansion, product and service development, working capital, and machinery and equipment requirement on financing choices in the western part of Nigeria. To determine the effect on financing choices, a logistic regression analysis was used. The results, in an impressive manner, indicate that entrepreneurs, essentially with working capital (WC), machinery and equipment (ME) requirements, and business innovation (BI), use internal funding sources, while business expansion (BE) and product and service (PS) development lean toward external funding sources, and more established and larger firms utilize debt financing. The approach and experiential findings offer an unprecedented degree of investigation of previous studies of Nigerian entrepreneurs. Similarly, the experimental results will strengthen entrepreneurs' knowledge, awareness, and perception. Through their own capabilities, entrepreneurs can prepare and adapt in accordance with the business conditions in which they conduct business, and this work may help them in their choice procedure regarding the capital structure of their organization in the midst of a period when the question of entrepreneur funding is gradually emerging in the Nigerian climate.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Open Innovation: Technology, Market, and Complexity ; ISSN: 2199-8531 ; Volume: 7 ; Year: 2021 ; Issue: 1 ; Pages: 1-17 ; Basel: MDPI
- Classification
-
Management
- Subject
-
business innovation
entrepreneur
financing choices
machinery and equipment
motivation
Nigeria
resource-based view
working capital
- Event
-
Geistige Schöpfung
- (who)
-
Eniola, Anthony Abiodun
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2021
- DOI
-
doi:10.3390/joitmc7010025
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Eniola, Anthony Abiodun
- MDPI
Time of origin
- 2021
Other Objects (12)
Are entrepreneur-led companies better? Evidence from publicly traded U.S. companies: 1998-2010
In search of the spin-out entrepreneur
Financing of entrepreneurial firms in Canada: Some patterns
The rationality and irrationality of financing green start-ups
Research institutes in Poland as an element of the national innovation system: Complexity, financing and effectiveness
Am I an entrepreneur? Entrepreneurial self-identity as an antecedent of entrepreneurial intention
Extending the 4I organizational learning mModel: Information sources, foraging processes and tools
China's bank balance sheet and financing of heterogeneous enterprises
Regional government revenue forecasting: Risk factors of investment financing
The effects of the financing facilitation act after the global financial crisis: Has the easing of repayment conditions revived underperforming firms?
An investigation into the sources of depreciations in Mongolian Tugrik exchange rate: A structural VAR approach
A thoughtful insight on women entrepreneur's investment attitude
Are entrepreneur-led companies better? Evidence from publicly traded U.S. companies: 1998-2010
In search of the spin-out entrepreneur
Financing of entrepreneurial firms in Canada: Some patterns
The rationality and irrationality of financing green start-ups
Research institutes in Poland as an element of the national innovation system: Complexity, financing and effectiveness
Am I an entrepreneur? Entrepreneurial self-identity as an antecedent of entrepreneurial intention
Extending the 4I organizational learning mModel: Information sources, foraging processes and tools
China's bank balance sheet and financing of heterogeneous enterprises
Regional government revenue forecasting: Risk factors of investment financing
The effects of the financing facilitation act after the global financial crisis: Has the easing of repayment conditions revived underperforming firms?
An investigation into the sources of depreciations in Mongolian Tugrik exchange rate: A structural VAR approach
A thoughtful insight on women entrepreneur's investment attitude
Are entrepreneur-led companies better? Evidence from publicly traded U.S. companies: 1998-2010
In search of the spin-out entrepreneur
Financing of entrepreneurial firms in Canada: Some patterns
The rationality and irrationality of financing green start-ups
Research institutes in Poland as an element of the national innovation system: Complexity, financing and effectiveness
Am I an entrepreneur? Entrepreneurial self-identity as an antecedent of entrepreneurial intention
Extending the 4I organizational learning mModel: Information sources, foraging processes and tools
China's bank balance sheet and financing of heterogeneous enterprises
Regional government revenue forecasting: Risk factors of investment financing
The effects of the financing facilitation act after the global financial crisis: Has the easing of repayment conditions revived underperforming firms?
An investigation into the sources of depreciations in Mongolian Tugrik exchange rate: A structural VAR approach