Entrepreneurial Culture as a Deterrent to Corruption on ICT Firms’ Performance

Abstract

Information and Communication Technology (ICT) Firms’ are subset of Knowledge-Intensive Businesses as they 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 impact of entrepreneurial culture as a deterrent to corruption on ICT firms’ performance in Minna metropolis. The study addressed three research questions, focusing on the culture of innovation, experimentation and accountability culture and ICT firms’ performance. The study employed 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 was analyzed using descriptive and inferential statistics. The study found that innovativeness, experimentation and accountability are positively and statistically significant at 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 cost of innovativeness, experimentation and accountability in the strategic budget.