Managers’ Perception of Internal Factors and their Effect on Corporate Entrepreneurship: The Case of Nigerian Manufacturing Industry
Managers’ Perception of Internal Factors and their Effect on Corporate Entrepreneurship: The Case of Nigerian Manufacturing Industry

Summary/Abstract: This study was designed to investigate the specific internal factors that influence Corporate Entrepreneurship in Nigerian manufacturing industry. Previous studies have shown inconsistence findings regarding internal factors and Corporate Entrepreneurship. A survey research design was adopted. Simple random sampling technique was used to select 328 companies. Primary data were obtained using questionnaire. Data were analysed using hierarchical regression analysis. The result revealed that internal factors account for 33.9% variations in the Corporate Entrepreneurship in Nigerian manufacturing industry. All the five factors namely organizational boundary; management support; reward/re-enforcement; work discretion and time availability were found to have significant positive effect on Corporate Entrepreneurship at 5 % level of significance. The low value of R2 recorded in the model was an indication that despite the usefulness of the instruments used in the study, there were other variables that also influence Corporate Entrepreneurship and needed to be included which still need to be investigated. Finding from this study has shown that manufacturing industry can serve as alternative means of economic growth for Nigeria.

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