Authors :
Dada, Samuel Obafemi; Ajayi, Ibidolapo Ezekiel; Obisesan, Oluwaseun Grace
Volume/Issue :
Volume 9 - 2024, Issue 5 - May
Google Scholar :
https://tinyurl.com/59abewjv
Scribd :
https://tinyurl.com/pnnzyx4p
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAY2430
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
The paper examined cooperative
entrepreneurship positives and downsides. This
research examined how cooperative prospects affect
cooperative entrepreneurship growth and how
economic difficulties affect it. The research population
includes 4,238 persons from five Ekiti central senatorial
district local governments. A systematic sample of 353
was employed in the study. Percentages and frequency
tables are descriptive statistics, whereas, multiple
regression analysis is inferential. The study found that
cooperative entrepreneurship is both disrupted (p=
0.000 < 0.05) and challenged (p= 0.000 < 0.05).
According to studies, low-income people should join
cooperatives. Disruptive innovation was recommended
for cooperative entrepreneurs seeking performance
improvement. Research shows that cooperative
entrepreneurship disruption is crucial to
entrepreneurial success. Entrepreneurial disruption has
not helped cooperative societies, the research found.
Keywords :
Cooperative, Entrepreneurship, disruption, Challenges, Opportunities.
References :
- Abeh A. & Echukwu J. I. (2018). Entrepreneurial Factors and Development of Cooperative Organizations in Nigeria: A Review of Literature, International Journal of Scientific and Research Publications, 8(11), 102-109.
- Abimbola A. D., Ademola, A. & Adebola, F. T. (2019). The Effect of Entrepreneurship Development and Disruptive Innovation on Economic Growth: A Study of Small Scale Business Owners in Abeokuta. International Journal of Advanced Studies in Economics and Public Sector Management, 7(1), 102-113.
- Agarwal, A. W. & Selma, N. W. (2022). Disruptive thinking in social entrepreneurship: Challenges and effectiveness. African Journal of Business Management, 16(4), 82-89.
- Ajayi I. E & Chilokwu I. D. O. (2021). Influence of Cooperative Societies on the Wellbeing of Staff Among Universities in Ekiti State, Nigeria. British Journal of Management and Marketing Studies, 4(4), 21-33.
- Ayodele, M. O., Aruleba, T. J., Oko, D. O. & Babarinde, P. K. (2019). Improving The Performance of Family-Owned Small and Medium Scale Enterprise: The Role of Disruptive Innovation. Global Scientific Journal 7(8), 1226-1238.
- Geeta Y. (2018). A Study on the Impact of Cooperatives on Economical Development. International Journal of Research – GRANTHAALAYAH, 6(5), 238-243.
- Katekhaye D. and Magda, R. (2017). Impact of Rural Entrepreneurship on Poverty Alleviation- study of Rural India. Albanian j. agric. sci. 16(3) 101-107.
- Kowo, S. A., Akinbola, O. A. & Akinrinola, O. (2018). Effect of Growth Drivers on Cooperative Societies. World Scientific News an international Scientific Journal, 117- 130.
- Marinés A. (2017). Cooperative entrepreneurship in Puerto Rico. Int. J. Entrepreneurship and Small Business, 32(3), 386-401.
- Muzamil J. (2013) Impact of Cooperative Entrepreneurship on Women’s Decision Making and Social Freedom. SDMIMD Journal of Management, 4(2), 37-47.
- Niazi, A. (2017). The Role of Entrepreneurship, Innovation and Marketing Capability in Small and Medium-Sized Enterprises (SMEs). International Journal of Economic Perspectives, 11(3), 1748-1759.
- Ojiagu N.C. & Ezemba N.E (2021). Cooperative Entrepreneurship and Social Empowerment of Rural Dwellers in Anambra State, Nigeria. International Journal of Management & Entrepreneurship Research, 3(7), 277-287.
- Oyo-Ita D., Chris-Ossai, E., Oputa, A., Sodeinde, A., Ogunnaike, O., Worlu, R., Ogbari, M., & Ukenna S. (2020). Disruptive Innovation: A Driver to Entrepreneurial Success. Academy of Entrepreneurship Journal, 26(4), 1-12.
- Rohanaraj T. T. A. (2021). Cooperative entrepreneurship and sustainable development – an omani perspective. Global scientific journal, 9(3), 325-331.
- Roy S. G., Lufuno, N. & Kola O. O. (2018). The Contribution of Co-operatives to Rural Economic Growth and Poverty Alleviation in South Africa: Lessons from Bangladesh. Bangladesh e-Journal of Sociology, 15(2), 105-119.
- Sanchez‑Robles, M., Saura. J. R. & Ribeiro‑Soriano, D. (2023). Overcoming the challenges of cooperative startups businesses: insights from a bibliometric network analysis. Review of Managerial Science https://doi.org/10.1007/s11846-023-00670-9
- Simkhada, N. R. (2013). Problems and prospects of the cooperative sector in Nepal for promoting financial inclusion. Enterprise Development and Microfinance, 24(2), 146-159.
- Winifred, E. N. & Nwankwo, O. F. (2023). Influence of Cooperative Societies on the Performance of Small and Medium Enterprises in Oyo State, Nigeria. International journal of entrepreneurial and cooperative studies, 6(1), 1-17.
The paper examined cooperative
entrepreneurship positives and downsides. This
research examined how cooperative prospects affect
cooperative entrepreneurship growth and how
economic difficulties affect it. The research population
includes 4,238 persons from five Ekiti central senatorial
district local governments. A systematic sample of 353
was employed in the study. Percentages and frequency
tables are descriptive statistics, whereas, multiple
regression analysis is inferential. The study found that
cooperative entrepreneurship is both disrupted (p=
0.000 < 0.05) and challenged (p= 0.000 < 0.05).
According to studies, low-income people should join
cooperatives. Disruptive innovation was recommended
for cooperative entrepreneurs seeking performance
improvement. Research shows that cooperative
entrepreneurship disruption is crucial to
entrepreneurial success. Entrepreneurial disruption has
not helped cooperative societies, the research found.
Keywords :
Cooperative, Entrepreneurship, disruption, Challenges, Opportunities.