SUSTAINABLE ENTREPRENEURSIP AND ENVIRONMENTAL DYNAMISM OF SELECTED METER MANUFACTURING COMPANIES IN LAGOS STATE

Waidi Adeniyi Akingbade, () and Olubunmi Temitayo Famodun ()
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Waidi Adeniyi Akingbade,: Department of Business Administration, Faculty of Management Sciences, Lagos State University, Lagos, Nigeria.
Olubunmi Temitayo Famodun: Department of Business Administration, Faculty of Management Sciences, Lagos State University, Lagos, Nigeria.

Oradea Journal of Business and Economics, 2024, vol. 9, issue 2, 83-94

Abstract: In the fields of business and environmental studies, sustainable entrepreneurship and environmental dynamism are inevitable concepts that drives the economy. Sustainable businesses may need to be especially inventive in highly dynamic circumstances, utilizing their knowledge of sustainability to foresee and adapt to changes.Therefore, the study was designed to investigate sustainable entrepreneurship and environmental dynamism of selected meter manufacturing companies in Lagos State. The study adopted a survey research design and the study relied on primary data through structural self-administered questionnaire. The targeted population of this study is 207 mid-level and top management level employees of MMCs in Lagos state. The list of MMCs was drawn from Directory of Certified Electricity Meters and Instruments Manufacturing /Assembling Companies and Nigerian Electricity Management Services Agency who served as a regulatory body to MMCs in Nigeria. Taro Yamane formula was used to choose 136 participants to which the questionnaires were administered and returned. Multiple regression and Pearson correlation method of analyses were used for hypotheses of the study. Findings revealed that social and economic sustainability are significant predictors of market dynamism of MMCs in Lagos State. The study concludes that both social sustainability and economic sustainability have a positive and significant influence on market dynamism. The study therefore, recommended that MMCs should always come up with both economic and social sustainability policy that can mitigate the effect of market dynamism and improve their operations.

Keywords: Economic; Sustainability; Environmental; Dynamism; Entrepreneurship and Longterm. (search for similar items in EconPapers)
JEL-codes: L25 Q01 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ora:jrojbe:v:9:y:2024:i:2:p:83-94

DOI: 10.47535/1991ojbe198

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