http://www.iaeme.com/IJM/index.asp 1296 editor@iaeme.com
International Journal of Management (IJM)
Volume 11, Issue 9, September 2020, pp. 1296-1306, Article ID: IJM_11_09_125
Available online at http://www.iaeme.com/IJM/issues.asp?JType=IJM&VType=11&IType=9
ISSN Print: 0976-6502 and ISSN Online: 0976-6510
7DOI: 10.34218/IJM.11.9.2020.125
© IAEME Publication Scopus Indexed
FEMALE ENTREPRENEURSHIP AND SOCIO-
ECONOMIC DEVELOPMENT: FROM THE
SOCIAL FEMINIST THEORY (SFT) VERSUS
THEORY OF NEED OF ACHIEVEMENT (TNA)
OF ENTREPRENEURIAL PERSONALITY TRAIT
AND INTENTION PERSPECTIVE
Geoffrey Ekoja
University of Nigeria Nsukka, Nigeria
Emmanuel Agbaeze
University of Nigeria Nsukka, Nigeria
Elijah Namah
University of Nigeria Nsukka, Nigeria
Onyinye Ajoku
University of Nigeria Nsukka, Nigeria
ABSTRACT
This paper review female entrepreneurship and socio-economic development using
the theoretical foundation of the social feminist theory (SFT) versus the theory of need
of achievement with entrepreneurs’ personality trait and intentions of the geographical
perspective of Nigeria. The study adopted a self-administered questionnaire. The data
set consists of 360 female entrepreneurs that are engaged in various business in Abia,
Kano and Lagos state. These states were considered for the study based on the fact they
are Nigeria commercial centres. The convenience sampling technique was employed to
distinguish the female entrepreneurs who took part in the survey. The answer received
from the questionnaire survey was analysed using Smart PLS due to the exploratory
nature of this study, data analysis and interpretation was held out with descriptive and
inferential statistical analysis. The analysis of the responses of respondents revealed
that female entrepreneurship positively correlated with socioeconomic development.
Explicitly, the personality trait of the female entrepreneurs correlated positively with
socioeconomic development. Likewise, the result showed a positive and essential
relationship between entrepreneurship intention and business growth. This suggests
that the social feminist theory and theory of need of achievement foundation confirm