Abstract
The paper argued that the challenges experienced in Nigerian textile manufacturing firms resulted from weak strategic entrepreneurship leading to alarming decline in the industry’s performance. Thus, investigated competitive advantage nexus with strategic entrepreneurship (strategic flexibility, adaptability, innovation, strategic leadership, risk taking and dynamic capabilities) as proxies in Lagos State, Nigeria. A cross-sectional survey research design was used and primary data collected. The adapted questionnaire validity was established through confirmatory factor analysis while the reliability was ascertained through internal consistency test. The population consists of 253 senior management staff and total enumeration was used. A total of 253 copies of the questionnaire were administered but 237 copies reverted. Descriptive statistics, exploratory analysis and structural equation model were utilized to analyse the data.
Highlights
Nigerian textile manufacturing firms resulted from weak Atolagbe, & Ojo, 2016)
The findings indicated that strategic entrepreneurship has a significant effect on competitive advantage (R2 = 0.175, F2 (0.007)
The path coefficient implied that for every1 unit increase in dynamic capability, competitive advantage was increased by 0.304 units
Summary
Nigerian textile manufacturing firms resulted from weak Atolagbe, & Ojo, 2016). Correspondingly, Durotoye, strategic entrepreneurship leading to alarming decline in the Adeyemi, Omole, and Onakunle (2018); Makinde and industry’s performance. These studies did not examine strategic entrepreneurship dimensions and competitive advantage of textile manufacturing firms in Lagos State Nigeria.
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