Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria

The application of entrepreneurial marketing (EM) strategies to the sustainability of profit and non-profit making ventures has drawn critics from practitioners and academic domains. Many have argued that EM dimensions are designed for profit marking ventures and not for profit venture. This informe...

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Main Authors: NWANKWO Cosmas Anayochukwu, KANYANGALE MacDonald Isaac
Format: Article
Language:English
Published: Sciendo 2024-11-01
Series:Foundations of Management
Subjects:
Online Access:https://doi.org/10.2478/fman-2024-0016
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author NWANKWO Cosmas Anayochukwu
KANYANGALE MacDonald Isaac
author_facet NWANKWO Cosmas Anayochukwu
KANYANGALE MacDonald Isaac
author_sort NWANKWO Cosmas Anayochukwu
collection DOAJ
description The application of entrepreneurial marketing (EM) strategies to the sustainability of profit and non-profit making ventures has drawn critics from practitioners and academic domains. Many have argued that EM dimensions are designed for profit marking ventures and not for profit venture. This informed the need to examine the effect of EM on the survival of social enterprises (SEs) in Nigeria. The study selected SEs staff in Anambra State, Nigeria using a quantitative research approach. Data were collected from 387 SE staff using a structured questionnaire. Hypotheses were tested using International Business Machine Statistical Package for the Social Sciences (IBM-SPSS) and International Business Machine -Statistical Package for the Social Sciences - Analysis of Moment Structures (IBM-SPSS-AMOS) version 27 that runs exploratory and confirmatory factor analysis and structural equation modelling (SEM). The findings revealed that all the EM dimensions, except market sensing, have significant and positive effect on the survival of SEs in Nigeria. Therefore, the study concluded that EM has significant effect on the survival of SEs in Anambra State, Nigeria. The study recommended that practitioners should adopt and implement EM dimensions as the basic enablers that would sustain the existence of SEs in both Nigeria and beyond.
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spelling doaj-art-c9b76dbd21174fba86c80e311d7ba2172025-02-02T15:48:06ZengSciendoFoundations of Management2300-56612024-11-0116125927210.2478/fman-2024-0016Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of NigeriaNWANKWO Cosmas Anayochukwu0KANYANGALE MacDonald Isaac1University of KwaZulu Natal, Durban, SOUTH AFRICAUniversity of KwaZulu Natal, Durban, SOUTH AFRICAThe application of entrepreneurial marketing (EM) strategies to the sustainability of profit and non-profit making ventures has drawn critics from practitioners and academic domains. Many have argued that EM dimensions are designed for profit marking ventures and not for profit venture. This informed the need to examine the effect of EM on the survival of social enterprises (SEs) in Nigeria. The study selected SEs staff in Anambra State, Nigeria using a quantitative research approach. Data were collected from 387 SE staff using a structured questionnaire. Hypotheses were tested using International Business Machine Statistical Package for the Social Sciences (IBM-SPSS) and International Business Machine -Statistical Package for the Social Sciences - Analysis of Moment Structures (IBM-SPSS-AMOS) version 27 that runs exploratory and confirmatory factor analysis and structural equation modelling (SEM). The findings revealed that all the EM dimensions, except market sensing, have significant and positive effect on the survival of SEs in Nigeria. Therefore, the study concluded that EM has significant effect on the survival of SEs in Anambra State, Nigeria. The study recommended that practitioners should adopt and implement EM dimensions as the basic enablers that would sustain the existence of SEs in both Nigeria and beyond.https://doi.org/10.2478/fman-2024-0016entrepreneurial marketingsocial enterprisesurvivalnigeriam30m31
spellingShingle NWANKWO Cosmas Anayochukwu
KANYANGALE MacDonald Isaac
Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria
Foundations of Management
entrepreneurial marketing
social enterprise
survival
nigeria
m30
m31
title Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria
title_full Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria
title_fullStr Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria
title_full_unstemmed Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria
title_short Achieving Survival of Social Enterprise Through Entrepreneurial Marketing: An Empirical Analysis of Nigeria
title_sort achieving survival of social enterprise through entrepreneurial marketing an empirical analysis of nigeria
topic entrepreneurial marketing
social enterprise
survival
nigeria
m30
m31
url https://doi.org/10.2478/fman-2024-0016
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