Strategic Entrepreneurship and Business Sustainability: Moderating Effect of Level of Education

Abstract

Although liberal evidence has shown that strategic entrepreneurship activities of an employee positively impacts on organizational outcomes, nevertheless, research on how employees' level of education affect employee outcomes is scarce. This study examined strategic entrepreneurship and business sustainability using level of education as a moderator.  The study adopted cross-sectional research design and primary source of data collection was utilised. The validity of the questionnaire was established through the construct, content, and face validity while internal consistency ascertained the reliability. Three textile manufacturing companies in Lagos State with a population of 253 senior staffs were utilized. Total enumeration was used; hence, 253 copies of the questionnaire were administered but only 237 copies were retrieved. Process analysis of regression was used as the method of data analysis. Findings indicated that level of education (β = -0.020, t= 0.385, p=0.701, p>0.05) has a negative and statistically insignificant moderating effect on the relationship between strategic entrepreneurship and business sustainability of textile manufacturing firms in Lagos State, Nigeria. The study recommended that while the practice of strategic entrepreneurship is germane in textile manufacturing firms, organizations should not rely on the level of education of employees as it may not yield positive result in the sustenance of a business.