Entrepreneurial Leadership and Value Co-Creation: The Role of Employee Relations and Organisational Support among Small Businesses in Abia State
Abstract
Following the high failure rates of small businesses partly attributed to leadership, the study evaluated the effect of entrepreneurial leadership on value co-creation and the role of employee relations and organisational support among small businesses in Abia State. Using a survey of 314 employees, factor analysis and the Hayes macro process were used in dimension reduction and testing the mediation and moderation effects. The findings revealed opportunity-seeking, decisionmaking, and creativity as dimensions of entrepreneurial leadership (EL), with creativity as the strongest contributor. Employee relations significantly mediated the relationship between EL and value co-creation. Also, organisational support moderated the relationship between EL and value co-creation. The results suggested that EL is vital in a dynamic business environment to co-create value, while a superior result on value co-creation comes from employee relations’ mediation and organisational support’s moderation. This study made a significant contribution to scholarship in small business leadership and advanced the survival and success of small business studies in Nigeria.
Authors
- B. O. Obasiabara
Department of Marketing
Ebonyi State University, Abakaliki, Ebonyi State - C. P. Nwachukwu
Department of Marketing
Michael Okpara University of Agriculture, Umudike, Abia State - I. E. Nwokoye
Department of Marketing
Nnamdi Azikiwe University, Awka, Anambra State - M. C. Anyalor
Department of Business Administration
Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State - P. O. Oko
Department of Marketing
Michael Okpara University of Agriculture, Umudike, Abia State