Impact of Cultural Practices on Entrepreneurship Development in Niger
Keywords:
Entrepreneurship, Small and Medium Enterprises, Cultural Practices, Religious Belief, Development, Socio-economic Development.Abstract
Cultural background of the individual personalities that manage and conduct SMEs operations significantly influences corporate behaviour and managerial quality and performance in SMEs. These cultural manifestations that overwhelmingly and unconsciously influences SMEs managerial behaviour include context social norms, perspective standards, attitudes, religious’ belief and value systems. It is on this premise that this research investigated the impact of cultural practices on entrepreneurship growth and socio-economic development in Niger State between 2015 and 2019. Qualitative survey research design using focus group interview was adopted to conduct across sectional study of indigenous and non-indigenous SMEs in the State. Descriptive method using tables and simple percentages were used to present the research findings relating to how cultural practices affect business success attributes. Barney, (2001) and Hofstedes, (1994) cultural dimensions were used as framework of analysis to assess the cultural practices in SMEs environment. It was found that cultural practices of the two groups of SMEs significantly influence and determined the performance of the SMEs in the Niger State. The study recommends among other things for business education to improve the perception and value system of indigenous SMEs owners, behaviour and competence of indigenous SMEs as well as government support to improve funding and modern technology application for corporate competence and performance