Poultrepreneurial Technological Capability And The Growth of Selected Poultry Businesses In Ikorodu, Lagos State, Nigeria

International Journal of Humanities and Social Science

© 2021 by SSRG - IJHSS Journal

Volume 8 Issue 2

Year of Publication : 2021

Authors : Adefulu Adesoga. D, Arigbede Temitope Oluwaseun, Nwankwere Idowu. A, Nnorom Kelechi Goodluck

10.14445/23942703/IJHSS-V8I2P115

How to Cite?

Adefulu Adesoga. D, Arigbede Temitope Oluwaseun, Nwankwere Idowu. A, Nnorom Kelechi Goodluck, "Poultrepreneurial Technological Capability And The Growth of Selected Poultry Businesses In Ikorodu, Lagos State, Nigeria," SSRG International Journal of Humanities and Social Science, vol. 8,  no. 2, pp. 104-110, 2021. Crossref, https://doi.org/10.14445/23942703/IJHSS-V8I2P115

Abstract:

Poultry businesses in Nigeria have continuously faced a number of growth challenges such as declining volume of goods sold, yearly product turnover, asset growth, and valuation. Despite the increasing number of poultry businesses established, these numbers have not translated to better growth within the industry. There is, therefore, the need for poulterers to harness their resources and exploit their technological capabilities in order to gain growth advantages. Hence, this study investigated the relationship between poultrepreneurial technological capabilities and the growth of selected poultry businesses in Ikorodu, Lagos State, Nigeria. The study employed a cross-sectional survey research design. The target population comprised 64 registered PAN members in Ikorodu, Lagos State, Nigeria. A total enumeration technique was adopted. Findings revealed that there was a significant and positive relationship between poultrepreneurial technological capability and the growth of selected poultry businesses in Ikorodu, Lagos State, Nigeria. The study concludes that there is a relationship between poultrepreneurial technological capability and poultry business growth. It is recommended that poultrepreneurs should evolve dynamic business models that will enhance adoption of technological capabilities flexibility in order to grow across all spheres of their poultry business.

Keywords:

Technological Capability, Growth, Poultrepreneur, Poultry business, PAN.

References:

[1] Abubakar, L. J., & Salisu, Y. Technological collaboration, technological capability, and SMEs product innovation performance. International Journal of Management Research and Review, 8 (2)(2018) 1-13.
[2] Abubakar, L. J., & Salisu, Y. Technological capability, innovativeness and the performance of manufacturing small, medium enterprises in developing economies of Africa. Journal of Business and Management, 21 (1)(2019) 56-61.
[3] Adamu, C. O., Adebisi, G. L., Alonge, G. O., Lawal-Adebowale, O. A., & Owolade, E. O., The capability of poultry farmers association for extension services delivery in Oyo State, Nigeria. Journal of Agricultural Extension, 20(2)(2016) 95-107.
[4] Adebiyi, O. A., Jokthan, G. E., & Njidda, I. O. Poultry production. Nigeria: NOUN., (2014).
[5] Agyare, C., Boamah, E. V., Osei, F. B., & Zumbi, C. N. Assessing farm record-keeping behavior among small-scale poultry farmers in Ga East Municipality Intech Open, (2010) 1-22.
[6] Aiders, R., Besbes, B., Gueye, E. F., & Thieme, O. Technology and programs for sustainable improvement of village poultry production. Alternative Syatem for Poultry Health, Welfare, and Productivity (2012) 2-19.
[7] Akbari, M., Hajihoseini, H., Nargesi, R. G., & Razavi, M. S. The impact of technological innovation capabilities on the competitive performance of Iranian ICT firms. Iranian Journal of Management Studies, 9 (4) (2016) 855-882.
[8] Alejandra, M. M. Drivers of technological capability in developing countries: An econometric analysis of Argentina, Brazil, and Chile (2009).
[9] Arokodare, M. A., Asikhia, O. U., & Makinde, G. O. Information technology capability and tperformance of selected oil and gas marketing companies in Lagos State, Nigeria: The moderating role of organizational culture. International Journal of Business and Management, 15 (3) (2020) 37-49.
[10] Awonon, J., Gelli, A., & Hoofman, V. Poultry production in Burkina Faso: Potential for poverty reduction and women's empowerment. Wshignton DC, U.S.A.: International Food Policy Research Institute (2020).
[11] Ayanda, I. F. Capability of PAN for extension services delivery to poultry farmers in Kwara state, Nigeria. Journal of Agricultural Extension, 17(2) (2013) 7-15.
[12] Babatunde, I., & Iheagwam, I. Lagos state government 2019 final rating review report. Lagos, Nigeria: Augusto & Co (2019).
[13] Barney, J. B., & Peteraf, M. A. Unravelng the resource-based tangle. Managerial and Decision Rconomics, 309-323 (2003).
[14] Barney, J. Firm resources and sustined competitive advantage. Texas, USA: Texas A & M (1991).
[15] Barney, J. Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(2001), 643-650.
[16] Bishop, K., Mason, G., & Robinson, C. Business growth and innovation. UK: Nesta (2009).
[17] Bustinza, O. F., Parry, G. C., Perez-Arostegui, M. N., & Vendrel-Herrero, F. Technological capabilities, resilliencce capabilities, and organization effectiveness. International Journal of Resource Management, 30(8) (2016) 1-29.
[18] Butler, J., & Priem, R. Tautology in the resource-based view and the implications of externally determine resource value. The Academy of Management Review, 26 (1Academy of Management) (2001) 57-66.
[19] Carrizosa, M. T. Firm growth persistence and multiplicity of equillibria: An analysis of Spanish manufacturing and service industries. Rovira, Spain: Universtitat Rovira. (2007).
[20] Caunedo, J., & Yurdagul, E. Who quits next? Firm growth in growing economies. Economic inquiry (2019) 33-49.
[21] Child, J., & Luo, Y. A composition-based view of firm growth. Management and Organisation Review, 11 (3)(2015)379-411.
[22] Chukuigwe, E. C., Owen, O. J., & Week, D. A. Determinants of firm growth in poultry enterprises in Rivers State, Nigeria. Medwell Agricultural Journal, 3 (5)(2008) 392-396.
[23] Davidsson, P., Girma, S., Lockett, A., & Wiklund, J. Organic and acquisitive growth. Journal of Management Studies (2011) 48-74.
[24] Eshima, Y., & Anderson, B. Firm growth, adaptive capabilities and entrepreneurial orientation. Strategic Management Journal, 38(2017) 770-779.
[25] Evbuomwan, G. O., & Okoye, L. U. Agricultural value chain financing and small scale farmers in Nigeria: The pre-requisites. Journal of Social Development, 6 (1)(2017) 47-57.
[26] Fracasso, E. M., Tello-Gamarra, J., & Zawislak, P. A. Technological intensity and innovation capability in industrial firms. Innovation and Management Review , 15 (2)(2018) 189-207.
[27] Faroudi, P., Gupta, S., & Nazarian, A. Digital technology and marketing management capability: achieving growth in SMEs. Qualitative Market Research (2017) 1-27.
[28] Guha, S., Gupta, P., & Krishnaswami, S. Challenges and opportunities in providing for animal agricultural information services in Zimbabwe: The case of poultry farmers in Harare. Journal of Innovation and Entrepreneurship, 2(2013) 1-14.
[29] Hart, S. L., A natural resource-based view o the firm. The Academy o Management Review, 20(4)(1995) 986-1014.
[30] Kim, N., Min, S., & Shin, N. Strategic marketing capability: Mobilising technological resources for new product advantage. Journal of Business Research, 12 (2016) 5644-5652.
[31] Kostopoulous, K. C., Prastacos, G. P., & Spanos, Y. E. (n.d.). The resource-based view of the firm and innovation: identification of critical linkages. The resource-based view of the firm and innovation: identification of critical linkages. Athens, Athens, Greece.
[32] Latip, N. A., Omar, B., Salleh, M. I., & Yaakob, K. B. A resource-based perspective on technical competencies and relationship performance: An empirical analysis. Southeast Asia Journal of Contemporary Business, Economics, and Law, 3 (2)(2013) 1-5.
[33] LBS. Lagos state government socio-economic characteristics. Lagos, Nigeria: LBS (2019).
[34] Lo, H.-P., Xue, Y., Wang, Y., & Zhang, Q. How technological capability influences business performance: An integrated framework based on contingency approach. Journal of Technology Management in China,. Miller, D., & Shamsie, J. (1996). The resource-based view of the firm in two environments: The Hollywood film studios from 1936-1965. Academy of Management Journal, 39 (Academy of Management), 1(1) (2006) 27-52 519-543.
[35] Ndubueze, N., Nwosu, N. E., Odiboh, O., & Olabanjo, J. Local governments, traditional councils, and public relations practices in Ogun State, Nigeria: An awareness study. Journal of EU Research in Business, (2019) 1-17.
[36] Neneh, B. N., & Zyl, J. Entrepreneurial orientation and its impact on firm growth amongst smes in Soutg Africa. Problems and Perspectives in Management, 15 (3)(2017) 166-178.
[37] NPC. Demographic statistics bulletin. Nigeria: NPC. (2018).
[38] Nwankpa, J. K., & Roumani, Y., IT capability and digital transformation: A firm performance perspective. 37th
International Conference on Information System, (2016) 1-16. Dublin, Ireland.
[39] Penrose, E. E. The theory of the growth of the firm. USA: ResearchGate. (1959).
[40] Onamusi, A. B. Entry mode strategy, customer engagement, and firm performance. Journal of Business and Social Review in Emerging Economies, 6 (1)(2020) 99-112.
[41] PANLAG. PAN member registration statistics. Lagos State, Nigeria: PANLAG (2020).
[42] Rangel, D. S., Santos, d. S.-C., & Savoia, J. R. Modified profitability index and internal rate (2016).
[43] Reichert, F. M., & Zawislak, P. A. Technological capability and firm performance. Journal of Technology and Management Information (2014) 20-35.
[44] RVO. Poultry sector study: Nigeria. Assen, Netherlands: Ministry of Foreign Affairs (2020).
[45] Shepherd, D., & Wiklund, J. Aspiring for and achieving growth: The moderating role of resources and opportunities. Journal of Management Studies, 40 (8)(2003) 1919-1941.
[46] Wernerfelt, B. The relation between market share and profitability. Journal of Business Strategy, (1984) 67-74.