Entrepreneurial leadership in retail pharmacy: developing economy perspective

Christian Harrison, Stuart Paul, Kevin Burnard

Research output: Contribution to journalArticle

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Abstract

Purpose
This paper aims to uncover the challenges facing entrepreneurs in a developing economy, using the retail pharmacy sector in Nigeria. Furthermore, the entrepreneurial leadership attributes that have proved to be valuable in overcoming the challenges faced in this sector will be identified.

Design/methodology/approach
The study is exploratory. Data collection is based on semi-structured interviews with retail pharmacy entrepreneurs and their employees. Although there has been some body of literature on entrepreneurial leadership, (Fernald et al., 2005; Gupta et al., 2004), none have addressed the nexus of leadership and entrepreneurship (Cogliser and Brigham, 2004) from the retail pharmacy sector of a developing economy.

Findings
Findings show that retail pharmacy entrepreneurs in a developing economy are faced with challenges such as inadequate capital and poor infrastructural facilities. However, despite these challenges, these entrepreneurial leaders were successful because of key attributes, namely, vision, risk-taking and opportunity recognition and exploitation.

Research limitations/implications
The sample size is a limitation to the study. Future studies with a larger sampling base as well as a different sector will provide greater insight.

Originality/value
This study is the first qualitative study to explore the impact of entrepreneurial leadership in the retail pharmacy sector in Nigeria. It identified the training needs for entrepreneurs in this context. By the participants sharing their experiences, the study identified the prerequisites for success, hence motivating other retail pharmacy entrepreneurs.
Original languageEnglish
Pages (from-to)150-167
Number of pages18
JournalJournal of Workplace Learning
Volume28
Issue number3
DOIs
Publication statusPublished - 2016

Fingerprint

entrepreneur
leadership
economy
Nigeria
infrastructural facility
Entrepreneurship
Risk-Taking
entrepreneurship
Sample Size
Developing economies
Retail
exploitation
Economics
employee
Entrepreneurs
Interviews
methodology
leader
sampling
interview

Keywords

  • Entrepreneurs
  • Leadership
  • Leaders
  • Training needs
  • Entrepreneurship
  • Learning

Cite this

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Entrepreneurial leadership in retail pharmacy : developing economy perspective. / Harrison, Christian; Paul, Stuart; Burnard, Kevin.

In: Journal of Workplace Learning, Vol. 28, No. 3, 2016, p. 150-167.

Research output: Contribution to journalArticle

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AU - Paul, Stuart

AU - Burnard, Kevin

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AB - PurposeThis paper aims to uncover the challenges facing entrepreneurs in a developing economy, using the retail pharmacy sector in Nigeria. Furthermore, the entrepreneurial leadership attributes that have proved to be valuable in overcoming the challenges faced in this sector will be identified.Design/methodology/approachThe study is exploratory. Data collection is based on semi-structured interviews with retail pharmacy entrepreneurs and their employees. Although there has been some body of literature on entrepreneurial leadership, (Fernald et al., 2005; Gupta et al., 2004), none have addressed the nexus of leadership and entrepreneurship (Cogliser and Brigham, 2004) from the retail pharmacy sector of a developing economy.FindingsFindings show that retail pharmacy entrepreneurs in a developing economy are faced with challenges such as inadequate capital and poor infrastructural facilities. However, despite these challenges, these entrepreneurial leaders were successful because of key attributes, namely, vision, risk-taking and opportunity recognition and exploitation.Research limitations/implicationsThe sample size is a limitation to the study. Future studies with a larger sampling base as well as a different sector will provide greater insight.Originality/valueThis study is the first qualitative study to explore the impact of entrepreneurial leadership in the retail pharmacy sector in Nigeria. It identified the training needs for entrepreneurs in this context. By the participants sharing their experiences, the study identified the prerequisites for success, hence motivating other retail pharmacy entrepreneurs.

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