Uchenna Efobi and Emmanuel Orkoh
Using quasi-experimental designs, the purpose of this paper is to study the effects of training entrepreneurs and such entrepreneurs going ahead to retrain its workers on the…
Abstract
Purpose
Using quasi-experimental designs, the purpose of this paper is to study the effects of training entrepreneurs and such entrepreneurs going ahead to retrain its workers on the business high-growth performance.
Design/methodology/approach
This paper used a unique evaluation data from the National Business Plan Competition in Nigeria, organized by the Nigerian government in collaboration with the World Bank. The data was analyzed using the Propensity Score Matching technique and complemented with the Difference-in-Difference estimates.
Findings
The authors find from the estimation of this paper that those entrepreneurs who received standard evaluation training and goes ahead to retrain its workers experienced an expansion in the number of employees by two persons, an increase in innovation index by about 3 units. An increase in revenue is also observed, but this increase was not significant at the 1, 5 or 10 per cent levels.
Originality/value
This paper presents an interesting view point on how training within an entrepreneurial venture should be viewed as a ‘two sided coin’. This is such that training the entrepreneur is one side of the story, and the entrepreneur retraining its workers is another important side of the story.
Details
Keywords
Ongo Nkoa Bruno Emmanuel, Dobdinga Cletus Fonchamnyo, Mamadou Asngar Thierry and Gildas Dohba Dinga
The continuous increase in the negative gap between biocapacity and ecological footprint has remained globally persistent since early 1970. The purpose of this study is to examine…
Abstract
Purpose
The continuous increase in the negative gap between biocapacity and ecological footprint has remained globally persistent since early 1970. The purpose of this study is to examine the effect of foreign capital, domestic capital formation, institutional quality and democracy on ecological footprint within a global panel of 101 countries from 1995 to 2017.
Design/methodology/approach
The empirical procedure is based on data mix. To this end, this study uses a battery of testing and estimation approaches both conventional (no cross-sectional dependence [CD]) and novel approaches (accounting for CD). Among the battery of estimation techniques used, there are the dynamic ordinary least square, the mean group, the common correlation effect mean group technique, the augmented mean group technique, the Pooled mean group and the dynamic common correlation effect technique with the desire to obtain outcomes robust to heteroskedasticity, endogeneity, cross-correlation and CD among others.
Findings
The estimated outcomes indicate that using different estimators’ domestic capital formation consistently degrades the environment through an increase in ecological footprint, while institutional quality consistently enhances the quality of the environment. Further, the outcome reveals that, though foreign capital inflow degrades the environment, the time period is essential, as it shows a short-run environmental improvement and a long-run environmental degradation. Democratic activities show a mixed outcome with short-run degrading effect and a long-run enhancement effect on environmental quality.
Practical implications
Green investment should be the policy target of all economies, and these policies should be adopted to target both domestic capital and foreign capital alike. Second, the adoption of democratic practices will produce good leaders that will not just design short-term policies to blindfold the populace temporary but those that will produce long-term-oriented practices that will better and enhance the quality of the environment through the reduction of the global footprint. Equally, enhancing the institutional framework like respect for the rule of law in matters of abatement should be encouraged.
Originality/value
Although much research on the role of macroeconomic indicators on environmental quality has been done this far, democratic practices, intuitional quality and domestic capital have been given little attention. This research fills this gap by considering robust empirical techniques.