U N S I V A E T R I S R I T E Y V Se h eking the Trut VERITAS INTERNATIONAL JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT (V IJ ED) Published by DEPARTMENT OF ENTREPRENEURIAL STUDIES COLLEGE OF MANAGEMENT SCIENCES VERITAS UNIVERSITY, ABUJA (The Catholic University of Nigeria) ABUJA, NIGERIA Volume 1 Number 1, March 2018 Veritas International Journal of Entrepreneurship Development (VIJED) Copyright © 2018 Department of Entrepreneurial Development Studies. All rights reserved. This journal is a copyright to the Veritas International Journal of Entrepreneurship Development (VIJED). Except for the purpose of peer reviewing, this book, or part thereof, may not be further reproduced by any means, electronic or mechanical including photocopying and recording, or by any information storage or retrieval system, without a proper written permission of the Editorial Board or the publisher and copyright holder(s). ISSN: 2635-3911 Printed in Nigeria By: Spaccx Printing & Publishing Commerce Plaza Area 1, Garki Abuja. Tel: +234 805 117 6288, +234 703 651 8025 E-mail: [email protected] ii Veritas International Journal of Entrepreneurship Development (VIJED) EDITORIAL NOTE The Veritas International Journal of Entrepreneurship Development (VIJED) is the spectrum journal of Entrepreneurship Development Centre programme (EDCP) in Veritas University, Abuja. The EDCP, among other objectives is dedicated to promoting entrepreneurial research opportunities and openness in the conduct of research, ease of access to research works worldwide and make research outcome user-friendly. In light of this mandate, the EDCP, through this journal publishes well structured original theoretical and empirical studies on contemporary issues in Entrepreneurship and its associated fields. VIJED is an international reference journal. All research articles in this journal undergo rigorous internationally peer review, based on initial editor and anonymous refereeing by at least two anonymous referees. This journal welcomes both theoretical and empirical contributions, especially theoretical papers on Entrepreneurship that can yield novel testable implications as well as articles that are theoretically well motivated. Contributions are also sought from diverse contributors locally and internationally. We welcome manuscripts on all aspects of entrepreneurship in the areas of creativity and innovations in Small and Medium Enterprises (SMEs), leadership and management practices among entrepreneurial firms, business development management and leadership, entrepreneurial institutions and innovation clusters, entrepreneurship educations, governmental policies on entrepreneurship and innovation, entrepreneurship and economic development, disruptive management and leadership technologies, and agro managements, university – industry collaboration, information and communication technology and SME competitiveness, human resources management practices for promoting innovation for SMEs, technology transfer and social entrepreneurship, social networks and entrepreneurship development, entrepreneurial marketing practices among SMEs, entrepreneurial culture and motivations, entrepreneurial financing and financial management, corporate entrepreneurship and international entrepreneurship, and so forth. However, all expressed views and interpretations in this journal are those of the authors and do not necessarily represent the views and policies of the Veritas University, Abuja as an institution. The editorial board does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequences of their use. Professor Michael Kwanashie Editor-in Chief March, 2018 iii Veritas International Journal of Entrepreneurship Development (VIJED) EDITORIAL POLICY This journal is published, at least, twice a year. This journal considers all articles from entrepreneurial diverse disciplines and its allied fields. The journal's Editorial Board receives articles, then arrange for their review by editors which consists of scholars of different background and expertise. Any article submitted to editorial board is assumed not have been published or submitted anywhere for publication. It is consequently subjected to a very thorough blind editorial review and assessment by the editorial board before publication. Articles are accepted for publication if appropriate advice is given by a minimum of two reviewers. A decision on publication or otherwise of an article, rests entirely upon the editorial Board members. Contributors should send soft copy of their manuscript, typed 1-5 line spacing via a provided email address. All written manuscripts including all references should conform to the APA styles. Finally, all manuscripts and correspondence about articles should be addressed to: THE MANAGING EDITOR Department of Entrepreneurship Development Studies Veritas University Abuja, Nigeria [email protected] or [email protected] iv Veritas International Journal of Entrepreneurship Development (VIJED) EDITORIAL BOARD Editor-in-Chief Professor Michael Kwanashie ASSOCIATE EDITORS Rev. Fr. Dominic Shimawua, PhD., Department of Public Administration Veritas University, Abuja. Chika E. Duru, PhD.. Department of Entrepreneurial Studies, Veritas University, Abuja. Daniel Oguche, PhD. Department of Business Administration, Veritas University, Abuja. Musa Success, PhD. Department of Accounting. Veritas University, Abuja. Marcus Garvey Orji, PhD., Department of Business Administration, Veritas University, Abuja. Henrietta Okoro, DBA., Senior Lecturer – Colorado Technical University, Colorado, USA. Adedapo Oluwaseyi Ojo, PhD., Faculty of Management Sciences Multimedia University, Cyberjaya, Malaysia. Jade Williams, PhD. Faculty of Administration and Management. Malaya University, Malaysia. Modestus C. Nsonwu, PhD. Department of Economics. Veritas University, Abuja. v Veritas International Journal of Entrepreneurship Development (VIJED) EDITORIAL ADVISERS Professor Michael Kwanashie. Vice Chancelor. Veritas University, Abuja. Professor Raj Singh, PhD. President, University of Riverside, Riverside, California, USA. Professor Tony Ogiamien. President. American Heritage University of Southern California, Ontario, California USA. Professor Benjamin Akanegbu. Department of Economics. Nile University, Abuja. Professor Mathias O. Ngwudioha. Department of Accounting. Nile University, Abuja. Professor Samuel B. A. Tende, Director/HOD- Entrepreneurship Development Studies. Nasarawa State University, Keffi, Nasarawa State, Nigeria Professor Uche Joe Uwaleke, PhD, ICAN., CIBN., (HOD-Banking and Finance. Nasarawa State University, Keffi, Nasarawa State, Nigeria. Associate Prof Gabriel Egbe, PhD., Dean-Humanities. Senior Special Advisor to the VC on Academics, Veritas University Abuja. Associate Professor Charles Nwekeaku. Department of Public Administration. Nasarawa State University, Keffi, Nasarawa State, Nigeria MANAGING EDITOR Chika E. Duru, PhD Department of Entrepreneurship Development Studies Veritas University Abuja, Nigeria [email protected] or [email protected] vi Veritas International Journal of Entrepreneurship Development (VIJED) PREFACE This is our first and special edition that comprises Entrepreneurial Research paper presentation at our departmental seminar of the Department of Entrepreneurship Development Studies, Veritas University, Abuja. We thankfully acknowledge all article contributors to this first edition of Veritas International Journal of Entrepreneurship Development (VIJED). To all our article reviewers spread all over the world, we appreciate all your great work in bringing quality to this journal. Thank you so very much for your relentless support Dr Gabriel A. Egbe – The Senior Special Adviser (SSA) to the Vice Chancellor on Education. Your support started from the formation stage of VIJED till date. We appreciate you very much. Our profound gratitude to Professor Michael Kwanashie the Vice Chancellor, Veritas University, Abuja for his support which has resulted to the success of VIJED. vii Veritas International Journal of Entrepreneurship Development (VIJED) LIST OF CONTRIBUTORS 1. Dele Ishaka Corruption, Conflict and National & Ogbanji Ike Joseph Development in Nigeria. 2. Sunday Alewo Omale, Ph.D Strategies For Deposit Mobilization In The 21st Christian Oriaku Centuries Financial Institution: The Nigerian & Olaniyi Kizito Babatunde Experience. 3. Dominic Shimawua Ph.D The Role of Civil Society Groups in The Advocacy Campaigns Against Boko Haram Insurgency in Nigeria: An Assessment 4. Daniel Oguche Ph.D Entrepreneurship Contribution to The Development And Growth of The Nigerian Economy (2005 – 2015). 5. Adeyemi Omolade Sunday Product Portfolio Matrix, Generic Strategies Adeyemi Oluwatoyi Damilola and Organizational Performance in Unilever Adeyemi Kayode Samuel Nigeria Plc. & Lawal Olabisi Oluwaseyi 6. Chika Ebenezer Duru Ph.D The Impact of Cultural Factors on Entrepreneurial Performance. 7. Stella Nkechi Emechebe Ph.D Youth And Usefulness in An Entrepreneur & Rev. Fr. Bakwaph Peter K Ph.D Oriented Society. 8. Dominic Shimawua Ph.D The Role of Corporate Social Responsibility (CSR) in The Growth of Multinational Companies in Nigeria. 9. Anyanwu Christiantus Izuchukwu Entrepreneurship As A Road Map To Political & Ejimonu Chizowa Emmanuel Stability: Evidence From Nigeria. 10. Akhator Akhere Peter Ph.D Financial Deepening and Economic & Marcus Garvey Orji Ph.D Development of Nigeria: An Empirical Investigation. 11. Anyanwu Christiantus I. Nigerian Federalism