ICT- Social Entrepreneurship Nexus and Job Creation in Nigeria
International Journal of Management, Economics and Social Sciences
2023, Vol. 12(1), pp. 79 – 103.
ISSN 2304 – 1366
https://www.ijmess.com DOI: 10.32327/IJMESS/12.1.2023.4
ICT- Social Entrepreneurship Nexus and Job Creation in Nigeria
Haoma Worgwu1 Romanus Osabohien1 Mamdouh Abdulaziz Saleh Al-Faryan2,3 Ohalete I. Precious4 1Dept. of Economics & Development Studies, Covenant University, Ota, Nigeria 2Dept. of Acct. & Fin. Management, Faculty of Business & Law, University of Portsmouth, Portsmouth, United Kingdom 3Consultant in Economics & Finance, Riyadh, Saudi Arabia 4Alex Ekwueme Federal University, Ndufu-Alike, Nigeria
ABSTRACT
This study examined the impact of social entrepreneurship and Information Communication Technology (ICT) utilization on employment in Nigeria. The study made use of survey data obtained from youth entrepreneurship with innovation (YouWiN) (2019). The study engaged descriptive statistics, the ordinary least squares (OLS) and propensity score matching (PSM) to achieve its objectives. The descriptive statistics show that there is a low proportion of social entrepreneurship. The result shows that social entrepreneurship contributes about 21% to employment. In addition, firm ICT utilizations; access to the internet and communication with clients via email contribute about 66% and 64% to firms' ability to contribute to employment level. The study concludes that policies and programmes to support social enterprises for employment creation should be implemented and properly executed.
Keywords: Future employment, ICT adoption, entrepreneurship, sustainable development, Nigeria JEL: L26, M51