To read this content please select one of the options below:

Social entrepreneurship, technology diffusion and future employment in Nigeria

Romanus Osabohien (Department of Economics and Development Studies, Covenant University, Ota, Nigeria)
Haoma Worgwu (Department of Economics and Development Studies, Covenant University, Ota, Nigeria)
Mamdouh Abdulaziz Saleh Al-Faryan (School of Accounting, Economics and Finance, Faculty of Business and Law, University of Portsmouth, Portsmouth, UK and Consultant in Economics and Finance, Riyadh, Saudi Arabia)

Social Enterprise Journal

ISSN: 1750-8614

Article publication date: 23 November 2022

Issue publication date: 27 January 2023

234

Abstract

Purpose

To mitigate uncertainties in the labour market, it has been argued that technology diffusion in entrepreneurship drive is essential to increase employment capacity. Against this backdrop, this study examined how social entrepreneurship and technology diffusion impact future employment in Nigeria. In addition, this study aims to contribute to the policy dialogue for the realisation of the United Nations Sustainable Development Goals (SDGs) of decent work and economic growth (SDG-8) and industry, innovation and infrastructure (SDG-9).

Design/methodology/approach

The data from the youth entrepreneurship with innovation (YouWiN) baseline survey was used. The study applied propensity score matching to achieve its objectives. This study defines social entrepreneurship as firms established solely to create social values. Similarly, technology diffusion is captured by the firm’s ownership of a website and communication with clients through email, while future employment is captured by the estimated number of people the business may employ in the next five years, if still in operation.

Findings

The results from the study show that social entrepreneurship and technology diffusion has a significant impact on future employment. The result implies that social entrepreneurship may contribute approximately 21% to the employment level in the future. Similarly, technology diffusion – ownership of a website and communication with clients through email increase the firm’s ability to contribute to future employment by 65% and 71%, respectively.

Research limitations/implications

One of the limitations of the research is that the study is quantitative in nature. Thus, qualitative information that could have added additional value to the study was not considered. As a recommendation, further studies should consider using a mixed method by adding qualitative information while examining the concept of social entrepreneurship and employment.

Practical implications

These findings suggest that ownership of a website, communicating with clients via email and involvement in social entrepreneurship contribute significantly to future employment in Nigeria. This finding shows that social entrepreneurship is crucial for reducing future employment uncertainties. Social enterprises will enhance the capacity of the economy to attain sustainable economic development. Therefore, the study concludes by recommending that policies to enhance social entrepreneurship awareness and promotion should be implanted to expand the knowledge of social enterprise as a unique business entity that drives employment.

Social implications

These findings suggest that ownership of a website, communicating with clients via email and involvement in social entrepreneurship contribute significantly to future employment in Nigeria. This finding shows that social entrepreneurship is crucial for reducing future employment uncertainties. Social enterprises will enhance the capacity of the economy to attain sustainable economic development. Therefore, the study concludes by recommending that policies to enhance social entrepreneurship awareness and promotion should be implanted to expand the knowledge of social enterprise as a unique business entity that drives employment.

Originality/value

Though prior studies have examined the contribution of entrepreneurship to employment; however, integration of technology diffusion in the concept of social entrepreneurship and employment literature is relatively sparse. Therefore, this study fills this gap by investigating how the diffusion of technology by social entrepreneurs impacts future employment in Nigeria.

Keywords

Citation

Osabohien, R., Worgwu, H. and Al-Faryan, M.A.S. (2023), "Social entrepreneurship, technology diffusion and future employment in Nigeria", Social Enterprise Journal, Vol. 19 No. 1, pp. 40-50. https://doi.org/10.1108/SEJ-03-2022-0032

Publisher

:

Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

Related articles