Resumen de Strategic entrepreneurship and operational performance of nigerian indigenous oil and gas service companies in selected south-south states, nigeria

Enwere David Ihochukwu, Asiabaka Ihuoma Pauline, Ogolo John Ibinwangi, Kelechi Enyinna Ugwu, Patricia Onyinyechi Onyechere, Okoye Ujunwa Callista

• Objective: This study examined the relationship between strategic entrepreneurship and operational performance of Nigerian indigenous oil and gas service companies in selected South-South States, Nigeria.

    Theoretical Framework: The study adopted resource-based theory and Ansoff strategic success theory.

    Method: The study adopted survey research design at organisational unit of analysis used five-points Likert scale questionnaire for data collection. The population of the study was 1827 Nigerian indigenous oil and gas service compaines in selected South-South States, Nigeria with sample size of 328 determined by Taro Yamane’s formula and Bowley’s formula used for proportional allocation of firms. The reliability was determined by Cronbach’s Alpha and construct validity by Pearson’s r, factor analysis, Kaiser-Meyer-Olkin (KMO) and Bartlett’s Test of Sphericity. The data analysis were descriptive and inferential statistics in Microsoft Excel Software Package version 2016 and IBM Statistical Package for the Social Sciences (SPSS) version 29 software application tools respectively. Pearson Product Moment Correlation Coefficient (PPMCC) techniques was used to test the hypotheses.

    Results and Discussion: The results showed that strategic entrepreneurship had positive and significant relationship with operational performance of Nigerian indigenous oil and gas service companies in selected South-South States, Nigeria.

    Research Implications: The practical and theoretical implications of this research are in the domain fields of strategic studies, strategic management, entrepreneurial studies, strategic entrepreneurship, management sciences, management technology, innovation, operations and performance management.

    Originality/Value: The main contribution of this study is on developing a unique, innovative and simplified framework that systematically aided the empirical analysis of the relationship between strategic entrepreneurship dimensions and operational performance measures of Nigerian indigenous oil and gas service companies in selected South-South States, Nigeria.