Enhancing Entrepreneurship Performance Through Artificial Intelligence Technology: Evidence from Manufacturing Firms in South-West, Nigeria

This study examines how South-West Nigerian manufacturing companies' entrepreneurial success may be improved by artificial intelligence (AI) technology. The study examines the connections between AI constructs—adoption, applications, relevance, and utilization—and performance outcomes, such as competitive advantage, customer satisfaction, operational efficiency, total quality management, and innovation capability, using a sample of 346 businesses and data analysis tools like SmartPLS and SPSS. The results show that although AI adoption by itself does not considerably boost performance, competitive advantage, customer happiness, and operational efficiency are greatly impacted by AI's strategic use and applicability. The findings highlight the importance of focused AI applications in providing quantifiable advantages, especially in operational and customer- facing fields. The necessity of matching AI activities with organizational objectives is shown by the fact that AI relevance also appears as a critical component that has a beneficial influence on customer satisfaction and competitive positioning.

Authors

Publication Details

Journal
International Journal of Advanced Studies in Economics and Public Sector Management
Published
2024-11-23
DOI
https://doi.org/10.48028/iiprds/ijasepsm.v12.i2.14
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
0.00
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article

Enhancing Entrepreneurship Performance Through Artificial Intelligence Technology: Evidence from Manufacturing Firms in South-West, Nigeria

Munir Shehu Mashi, Nurudeen Yusuff, A. O. Abdullahi
International Journal of Advanced Studies in Economics and Public Sector Management
Impact of AI and Big Data on Business and Society
article

Enhancing Entrepreneurship Performance Through Artificial Intelligence Technology: Evidence from Manufacturing Firms in South-West, Nigeria

Munir Shehu Mashi, Nurudeen Yusuff, A. O. Abdullahi
article en

Abstract

This study examines how South-West Nigerian manufacturing companies' entrepreneurial success may be improved by artificial intelligence (AI) technology. The study examines the connections between AI constructs—adoption, applications, relevance, and utilization—and performance outcomes, such as competitive advantage, customer satisfaction, operational efficiency, total quality management, and innovation capability, using a sample of 346 businesses and data analysis tools like SmartPLS and SPSS. The results show that although AI adoption by itself does not considerably boost performance, competitive advantage, customer happiness, and operational efficiency are greatly impacted by AI's strategic use and applicability. The findings highlight the importance of focused AI applications in providing quantifiable advantages, especially in operational and customer- facing fields. The necessity of matching AI activities with organizational objectives is shown by the fact that AI relevance also appears as a critical component that has a beneficial influence on customer satisfaction and competitive positioning.

International Journal of Advanced Studies in Economics and Public Sector ManagementVol. 12(2)
Openalex Percentile: Top 67%
Impact of AI and Big Data on Business and Society
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