Contributions of Industry 4.0 to the performance of entrepreneurship in Katsina State, Nigeria

Oladejo Lukman Gbolagade, Bashir Babatunde Alao and Munir Shehu Mashi

World Review of Entrepreneurship, Management and Sustainable Development, 2022, vol. 18, issue 5/6, 581-591

Abstract: The study investigates the contributions of Industry 4.0 to entrepreneurship performance in Katsina State. The study adopts a longitudinal survey research approach and a structured questionnaire to collect its primary data. 200 entrepreneurs that specialised in manufacturing, trading, construction, poultry farming, and private hospitals in the state were selected using multistage sampling method. Data were analysed using a Multiple Regression and Simple Pair t-test. The study found that Industry 4.0 is an intensifying revolution for better improvement in the performance of entrepreneurs that have fully embraced the use of technologies and automation as brought by the fourth industrial revolution. It was amazing that they experienced more business expansion, generated more profit, and employed more labour than those that are yet to embrace the use of automation. The study, therefore, recommended among others that there should be general enlightenment on the adoption of technologies introduced by this Industry 4.0 by all entrepreneurs.

Keywords: Industry 4.0; technologies and entrepreneurship performance. (search for similar items in EconPapers)
Date: 2022
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