Abstract
The rapid growth of Entrepreneurship in Nigeria since 1999 is indicative of the fact that it plays an integral role in the development of the Nigerian economy. New ventures, start up, innovation, systems thinking and human centered design now serve as pillars for the Nigerian entrepreneur in a competitive business world. However, inadequate attention is given as to how leadership can play a pivotal role in ensuring that these enterprises remain a going concern. This paper explores existing leadership practise in the Nigerian entrepreneurial ecosystem and investigates if servant leadership could ever be applicable. This paper recognizes the significance of bringing into the discourse the context of the culture dimension in identifying leadership possibilities in this Sub-Saharan growing economy. In critically evaluating the servant leadership theory, the study advocates that a new development in understanding this theory in relation to the Nigerian entrepreneur is to explore the Ubuntu leadership philosophy. Keywords: Entrepreneur, Servant Leadership, Autocratic Leadership, Ubuntu, Nigerian Entrepreneur DOI: 10.7176/EJBM/12-26-01 Publication date: September 30 th 2020
Highlights
A typical definition of entrepreneurship is that it involves the process of starting a business venture (Allen, 2019)
Even though autocratic leadership is the central leadership approach practised by Nigerian entrepreneurs, this paper has indicated some positive feedback from the respondents regarding their leaders
The literature is progressively identifying the importance of entrepreneurship to the development of the Nigerian economy
Summary
A typical definition of entrepreneurship is that it involves the process of starting a business venture (Allen, 2019). The key driver of this process is the entrepreneur who recognises a business opportunity within a market space and takes advantage of it, while embracing the risks associated with such venture (Gartner, 1998). There are limited studies that have investigated the concept of entrepreneurship in relation to leadership and culture. This is because most of the open literatures on entrepreneurship have mainly focused on what entrepreneurship is and its relative impact on society. There is a need for systematic studies on what entrepreneurship is not and how effective should an entrepreneur lead giving into context cultural reality
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