Abstract
This article presents data that examined the modeling of nexus between entrepreneurs׳ commitment and business performance in a developing country. 315 copies of questionnaire were retrieved from 400 copies that were administered to Nigerian Association of Small Scale Industrialists (NASSI) Southwest chapters which comprised of six states. In addition to descriptive analysis of part of the data, correlation and regression analysis were used to present the data through structural equation model (SEM). The SEM path analysis shows the estimates of the interconnectedness of the major constructs in the data.
Specifications Table
Subject area | Entrepreneurship and Business Management |
More specific subject area | Entrepreneurs’ Commitment and Business Performance |
Type of data | Figure, Chart, Table, and SPSS |
How data was acquired | Questionnaire survey |
Data format | Raw, analyzed, descriptive and statistical data. |
Experimental factors | The population and sample where this data was collected consist of registered members of NASSI. Questionnaire was formulated around the three layers of commitment (Affective, Continuous and Normative) by Meyer and Allen (1997) and business performance was measured by customer satisfaction, market share and profit. |
Experimental features | Entrepreneurs’ commitment is paramount for the survival of business at different cycle of business activities. |
Data source location | Entrepreneurs in Southwest Nigeria |
Data accessibility | Data is included in this article. |
Value of the data
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The data present the relationship and its impact of entrepreneurs’ commitment on business performance.
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The demographic nature of the entrepreneurs was highlighted by the data.
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The data shows the level of impact each of the commitment variables had on business performance.
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The data will aid further discourse on the interconnectedness of entrepreneurs’ commitment towards business performance.
1. Data
The data contained 315 copies of questionnaire retrieved from 400 copies administered to entrepreneurs in six states of Southwest Nigeria. Table 1 and Fig. 1 show the distribution in each of the state and the response rate. Confidentiality of the respondents was guaranteed as names and telephone numbers not requested on the survey. The demographic representation is given in Table 2 and Fig. 2 while Fig. 3 gives the path diagram of the structural equation model. The standardize regression weight and the correlation coefficient is shown in Table 3, Table 4 respectively.
Table 1.
Questionnaire distribution and response rate.
Name of Branches | Population | Questionnaire distributed | Questionnaire returned | Rate of response % |
---|---|---|---|---|
Lagos | 330 | 208 | 198 | 95 |
Ogun | 190 | 117 | 102 | 87 |
Oyo | 150 | 91 | 83 | 91 |
Osun | 110 | 71 | 45 | 63 |
Ondo | 140 | 85 | 59 | 69 |
Ekiti | 127 | 78 | 44 | 56 |
Total | 1047 | 400 | 315 | 79 |
Fig. 1.
Questionnaire distribution and response rate.
Table 2.
Demographic characteristics of respondents.
Demographic | Description | Number | Percentage |
---|---|---|---|
Age | 20–30 | 31 | 9.8 |
31–40 | 74 | 23.5 | |
41–50 | 118 | 37.5 | |
50- above | 92 | 29.2 | |
Total | 315 | 100 | |
Gender | Male | 205 | 65.2 |
Female | 110 | 34.8 | |
Total | 315 | 100 | |
Education | Sch. Cert/WAEC | 96 | 30.5 |
Bachelors | 150 | 47.7 | |
Masters | 65 | 20.7 | |
Pro. Cert/PhD | 4 | 1.1 | |
Total | 315 | 100 | |
Experience | 1–5 yrs | 76 | 24.0 |
6–10 yrs | 166 | 52.7 | |
10yrs-above | 73 | 23.3 | |
Total | 315 | 100 |
Fig. 2.
Graphical representations of demographic characteristics of respondents.
Fig. 3.
Amos Output. Notes: Affective = Affective Commitment, Continuance = Continuance Commitment, Normative = Normative Commitment, Entcom = Entrepreneurs’ Commitment, Busperf = Business Performance, CusSatis = Customers’ Satisfaction, MarketS = Market Share, Profit = Profit.
Table 3.
Standardized total effects (Group number 1 - Default model).
Entcom | Affective | Busperf | Normative | |
---|---|---|---|---|
Affective | .960 | .000 | .000 | .000 |
Busperf | .174 | .000 | .000 | .000 |
Normative | .987 | .000 | .000 | .000 |
MarketS | .157 | .000 | .905 | .000 |
CustSatis | .199 | .000 | .803 | .060 |
Profit | .058 | -.089 | .821 | .000 |
Continuance | .987 | .000 | .000 | .000 |
Table 4.
Implied correlations (for all variables).
Entcom | Affective | Busperf | Normative | MarketS | CustSatis | Profit | Continuance | |
---|---|---|---|---|---|---|---|---|
Entcom | 1.000 | |||||||
Affective | .960 | 1.000 | ||||||
Busperf | .174 | .167 | 1.000 | |||||
Normative | .987 | .947 | .172 | 1.000 | ||||
MarketS | .157 | .151 | .905 | .155 | 1.000 | |||
CustSatis | .199 | .191 | .813 | .198 | .735 | 1.000 | ||
Profit | .058 | .049 | .806 | .057 | .729 | .651 | 1.000 | |
Continuance | .987 | .947 | .172 | .973 | .155 | .196 | .057 | 1.000 |
The data shows the correlation estimate between affective commitment and market share (0.151), affective commitment and customers’ satisfaction (0.191), continuance commitment and business performance (0.172), continuance commitment and market share (0.155) and continuance commitment and customers’ satisfaction (0.196).
2. Experimental design, materials and methods
This data presentation adopted survey method. The questionnaire is structured and it is designed to gather information from respondents about the influence of commitment [4], [5] towards business performance. 315 copies of the questionnaire were retrieved and coded and input into Statistical Package for Social Science (SPSS) [1], [2], [3]. The analysed was done with Structural Equation Model (SEM). The path analysis as shown in Fig. 3 indicates the estimates of the interconnectedness between the research variables [1].
Acknowledgements
The authors of this data article express sincere appreciation to the management of Covenant University for sponsoring the publication of this research work.
Footnotes
Transparency data associated with this article can be found in the online version at doi:10.1016/j.dib.2018.05.102.
Supplementary data associated with this article can be found in the online version at doi:10.1016/j.dib.2018.05.102.
Transparency document. Supplementary material
Supplementary material
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Appendix A. Supplementary material
Supplementary material
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Supplementary material
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References
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Associated Data
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Supplementary Materials
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