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. 2018 May 28;19:1068–1072. doi: 10.1016/j.dib.2018.05.102

Data on modeling of nexus between entrepreneurs׳ commitment and business performance in a developing country

Ayoade Omisade 1,, Ogunnaike Olaleke 1, Adegbuyi Omotayo 1, Kehinde Oladele 1, Iyiola Oluwole 1, Lawal Fatai 1, Onakoya Femi 1
PMCID: PMC6139877  PMID: 30225280

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

  • The data present the relationship and its impact of entrepreneurs’ commitment on business performance.

  • The demographic nature of the entrepreneurs was highlighted by the data.

  • The data shows the level of impact each of the commitment variables had on business performance.

  • 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.

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.

Fig. 2

Graphical representations of demographic characteristics of respondents.

Fig. 3.

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 document

Transparency data associated with this article can be found in the online version at doi:10.1016/j.dib.2018.05.102.

Appendix A

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

mmc1.doc (98.5KB, doc)

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Appendix A. Supplementary material

Supplementary material

mmc2.zip (5.2KB, zip)

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Supplementary material

mmc3.docx (52.1KB, docx)

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References

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Associated Data

This section collects any data citations, data availability statements, or supplementary materials included in this article.

Supplementary Materials

Supplementary material

mmc1.doc (98.5KB, doc)

Supplementary material

mmc2.zip (5.2KB, zip)

Supplementary material

mmc3.docx (52.1KB, docx)

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