Email this article 
.png)
COOPERATIVE MEMBERSHIP AND ENTREPRENEURIAL ORIENTATION OF WOMEN PALM-OIL SELLERS IN OGUN STATE, NIGERIA
Abstract
Women entrepreneurs in palm oil business face significant challenges associated with access to finance and formal institutional support leading to poor entrepreneurial outcomes. An increasing number of women have joined cooperative organizations to boost their entrepreneurial activities. However, the question of whether cooperative membership enables significant support for entrepreneurial success of the women remain unanswered. The study examined the cooperative role of women engaged in the palm oil business in their entrepreneurship drive and determined the factors responsible for entrepreneurship orientation among women and their levels. Primary data were collected using a structured questionnaire. The respondents were purposively sampled. Descriptive statistics and a multiple regression model were used to analyze the data. The results showed that cooperative membership has a significant influence on entrepreneurship drive among palm oil sellers. Additionally, financial support has a significant influence on the entrepreneurship traits of the women palm oil traders. The findings also indicate that the orientation of women toward risk-taking and business aggressiveness is high. Women entrepreneurs should be encouraged to increase their entrepreneurial aggressiveness and supported financially to sustain their palm oil business. Women palm oil sellers who are not members of co-operative societies should endeavor to join one to have access to low-cost financing to undertake entrepreneurship activities.
Keywords
Full Text:
PDFReferences
Adelekan, S. A., & Dansu, O. O. (2016). Impact of entrepreneurship ventures on development of small and medium enterprises in Nigeria case study of three territorial district in Osun state, Nigeria. International Journal of Economics, Commerce and Managemnt, IV(9), 423–441.
Bastida, M., Pinto, L. H., Blanco, A. O., & Cancelo, M. (2020). Female entrepreneurship: Can cooperatives contribute to overcoming the gender gap? A Spanish first step to equality. Sustainability (Switzerland), 12(6). https://doi.org/10.3390/su12062478
Brownson, C. D. (2023). Factors Affecting Women Entrepreneurs in Akwa Ibom State , Nigeria. International Journal of Entrepreneurship and Business Innovation, 4(1), 1-10.
Butler, J. (2021). Women-Owned Businesses Report.
Como, E., Mathis, M. ., Tognetti, G., & Rapisardi, R. (2016). The Role of Cooperatives in Job Creation: A Multidimensional Analysis. In Handbook of Research on Small Business and Entrepreneurship (pp. 297 (pp. 297–311). IGI Global.
Dewi, R., Eliyana, A., & Anwar, A. (2022). The role of women entrepreneurship antecedents in supporting social and economic well-being. Problems and Perspectives in Management, 20(2), 438–447. https://doi.org/10.21511/ppm.20(2).2022.36
Eboh, E. C., Okoruwa, V. O., & Orewa, S. I. (2020). A comparative analysis of socio-economic factors influencing oil palm production among smallholder farmers in Edo and Delta States, Nigeria. Journal of Agricultural Extension, 24(2), 122–136.
Franco, M., & Haase, H. (2019). Women Entrepreneurs: Success and challenges. In C. Jones & J. Ramirez (Eds.), The Palgrave Handbook of Minority Entrepreneurship (pp. 87–108).
Gashi, R., Ahmeti, H. G., & Baliu, E. (2022). Challenges of women entrepreneurs in the developing economy. Corporate Governance and Organizational Behavior Review 6, No. 2, 134–142.
Gebre, G. G., Isoda, H., Rahut, D. B., Amekawa, Y., & Nomura, H. (2021). Gender gaps in market participation among individual and joint decision-making farm households: evidence from Southern Ethiopia. In European Journal of Development Research (Vol. 33, Issue 3). Palgrave Macmillan UK. https://doi.org/10.1057/s41287-020-00289-6
International Cooperative Alliance. (1995). Statement on the Cooperative Identity. [Online] Available: https://www.ica.coop/en/what-co-op/co-operative-identity-values-principles. [15 May, 2024]
Karpak, B., & Topcu, D. . (2022). The relationship between entrepreneurial personality traits and firm performance: A meta-analytic review. Journal of Small Business Management, 60(1), 104–129.
Kelley, D., Brush, C., & Greene, P. (2023). Global entrepreneurship monitor: 2022/2023 global report. [Online]. Available: https://www.gemconsortium.org/report/gem-20222023-global-report. [15 May, 2024]
Lawal, A., & Oludimu, O. (2022). Cooperative society: An inclusive and sustainable business model. Journal of Entrepreneurship and Business Innovation, 9(1), 43–50.
Mitchell, R. . (2020). The role of prior family influence in the creation of new family firms. Family Business Review, 33(2), 125–140.
Naidu, G. ., & Chand, P. (2017). Barriers to women entrepreneurship in Fiji: A case study of Rewa Province. Journal of Global Entrepreneurship Research, 7(1), 1–14.
Okafor, O. E. (2021). Effect of years of membership on profitability of farm operations of women agricultural cooperative in Anambra State. Forshen Hub International Journal of Entrepreneurial and Cooperative Studies, 4(1), 1–15. [Onlie]. Available: www.forshenhub.com [15 May, 2024].
Osakwe, R., & Ogona, G. (2021). Entrepreneurship practice for sustainable development in Nigeria: A library research method. Journal of Economics and Sustainable Development, 12(3), 88–98.
Scotland, C. E. T. (2018). Cooperatives Explained: A guide for young people.[Online]. Available: https://www.cets.scot/wordpress/wp-content/uploads/2019/02/Cooperatives-Explained-A-Guide-for-Young-People-2018.pdf [15 May, 2024]
Schumpeter, J. A. (1942). The theory of economic development : an inquiry into profits , capital , credit , interest and the business cycle , translated from the German by Redvers Opie , New Brunswick ( U . Journal of Comparative Research in Anthropology and Sociology, 3(2), 137–148.
Shah, F. U. H., Fatima, U., Ahmad, M., Ahad, A., Saeed, R., Riaz, M. U., & Ghafoor, F. (2021). Factors Affecting Women Entrepreneurship and its impact on SMEs Development. International Journal of Innovation, Creativity and Change.[Online] Available: www.ijicc.net. [15,May,2021]
Sofoluwe, N. (2020). Relevance of entrepreneurial orientation strategy to cooperative business organizations in Nigeria. Izvestiya Journal of the University of Economics – Varna, 64(4), 415–429. https://doi.org/10.36997/ijuev2020.64.4.415
Swierczek, F., & Ha, P. (2023). Barriers to e-commerce adoption in small businesses: A literature review. International Journal of Information Management, 63.
Thaher, L. M., Radieah, N. M., & Wan Norhaniza, W. H. (2021). Factors affecting women micro and small-sized enterprises’ success: a case study in Jordan. Journal of Asian Finance, 8(5), 727–0739. https://doi.org/10.13106/jafeb.2021.vol8.no5.0727
Ukwueze, E. R., Divine, B., Obodoechi, N., Omeje, A. N., Nwokolo, C. C., Urama, C. E., Asogwa, H. T., & Agu, C. V. (2022). Women and entrepreneurship in nigeria: what role does social women and entrepreneurship in Nigeria: What role does social inclusion play? inclusion play? Journal of International Women’s Studies, 23(5), 41–62. https://vc.bridgew.edu/jiws
Umoren, A. ., & Ehigie, B. . (2023). Entrepreneurial self-concept and small business performance among women entrepreneurs in Nigeria. Journal of Entrepreneurship in Emerging Economies, 15(1), 84–105.
US Chamber of Commerce Foundation (USCCF) – Center for Women in Business. (2016). Exploring the Impact of Women-Owned Businesses on Our Economy.
Vander merv, E. (2023). Entrepreneurial self-confidence among women: Is there any difference? Journal of Women’s Entrepreneurship and Education, 3(4), 6–7.
Wasef Hattab, H. (2023). Assessing the entrepreneurship ecosystem in egypt through a gender lens. Journal of Entrepreneurship and Project Management, 8(1), 1–27. www.carijournals.orgwww.carijournals.org
Wossen, T., Abdoulaye, T., Alene, A., Haile, M. G., Feleke, S., Olanrewaju, A., & Manyong, V. (2017). Impacts of extension access and cooperative membership on technology adoption and household welfare. Journal of Rural Studies, 54, 223–233. https://doi.org/10.1016/j.jrurstud.2017.06.022
DOI: https://doi.org/10.20961/sepa.v22i2.100842
Refbacks
- There are currently no refbacks.
