Entrepreneurial Culture as antidote for corruption on Information and Communication Technology Firms’ Performance

Abstract

Information and Communication Technology (ICT) Firms’ are a subset of Knowledge-Intensive Businesses that are driven by technologies, based on knowledge and information production, distribution, and usage. However, the challenge of corruption is prominent in every facet of the economy hence most ICT firms are adopting the entrepreneurial culture to combat this menace. Therefore, this paper investigates the influence of entrepreneurial culture on ICT firms’ performance in the Minna metropolis. The study addressed three research questions, focusing on the T-KIBS and C-KIBS. The study employed a descriptive survey research design using a structured questionnaire on a five-point Likert scale based on previous studies. The validity and reliability of the instrument were carried out and a purposive sampling method was used to obtain the sample size of 150 respondents. The data were analyzed using descriptive and inferential statistics. The study found that innovativeness, experimentation, and accountability are positively and statistically significant at a 5% level of significance on ICT firms’ performance in Minna Metropolis. It, therefore, recommends that ICT firms should adopt the entrepreneurial culture as the organizational culture holistically. Also, firms should include the cost of innovativeness, experimentation, and accountability in the strategic budget.