TRANSGENERATIONAL ENTREPRENEURSHIP AND VALUE CREATION OF FAMILY FIRMS IN LAGOS STATE

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dc.contributor.authorAjayi(Fetuga)Omoshalewa Maryam
dc.date.accessioned2025-05-23T17:46:44Z
dc.date.available2025-05-23T17:46:44Z
dc.date.issued2022-02
dc.description.abstractThe study examined the influence of entrepreneurial orientation and family firm’s resources on value creation in family firms in the State. This is with a view to enhancing the understanding of how transgenerational entrepreneurship influenced value creation in family firms in Lagos State. This study relied on the descriptive and cross-sectional survey design which established the association between variables affecting transgenerational entrepreneurship and value creation in family firms. The population for the study, were respondents from the family firms in Forbes List of registered family firms. Based on pre-survey carried out on the family firms, 10 family members involved in the operation of each of the firms making a total of 150 respondents from the fifteen (15) firms registered on Forbes List were purposively selected. The selection consisted of the Chief Executive Officers from each firm and nine other key family members. The data collected were analyzed using percentage analysis, Pearson product moment correlation and regression analysis. The analysis of the data showed that there was a strong positive relationship between entrepreneurial orientation and family firm’s resources. The result further indicated that the combination of both family firm resources and entrepreneurial orientation explained forty-five percent of the variance of value creation in family firms. The study concluded that the combination of family firms’ resources and entrepreneurial orientation influences value creation. Thus, transgenerational entrepreneurship is a fundamental to multi-generation family firms’ success. Keywords: Transgenerational, Entrepreneurial Orientation, Resources, Value Creation, Family Firm
dc.identifier.urihttps://repository.run.edu.ng/handle/123456789/4663
dc.publisherJUPEB Journal of Development and Educational Studies
dc.titleTRANSGENERATIONAL ENTREPRENEURSHIP AND VALUE CREATION OF FAMILY FIRMS IN LAGOS STATE
dc.typeArticle
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