1. YAKIBI AYODELE AFOLABI - Associate Professor, Department of Business Administration, Federal University, Oye Ekiti.
2. ABAYOMI TUNDE ODEBUNMI - Research Scholar, School of Management, University Sains Malaysia, Department of Business
Administration, Osun State Polytechnic, Iree.
3. BABATUNDE AFOLABI - Associate Professor, Department of Finance, Federal University Oye Ekiti.
4. PATRICK OLAJIDE OLADELE - Professor, Department of Business Administration, Federal University Oye Ekiti.
This paper aims to examine the effect of bootstrapping financing techniques on entrepreneurial performance. The study contributes to the understanding of bootstrapping techniques and its dimensions towards resource-constrained entrepreneurial business during a turbulent period. The potential mediating effect of COVID-19 on the relationship between bootstrapping techniques and entrepreneurial performance was examined. This study adopted a survey research design by using purposive sampling techniques, samples of usable 200 entrepreneurs in Osun State, Nigeria were obtained. A structural equation model (SEM) was used to test the hypothesis at a 0.05 level of significance. Statistically, the results show that; customer-related strategy, delaying payment strategy, owners-related strategy, and joint-utilization strategy have a positive and significant impact on entrepreneurial performance. The mediating effect of COVID-19 had a significant relationship with bootstrapping techniques and entrepreneurial performance. The examination of the bootstrapping techniques on entrepreneurial performance during COVID-19 pandemic is the novel focus of this study.
COVID-19, entrepreneurs, entrepreneurship, entrepreneurial performance, entrepreneurial mindset, bootstrapping techniques, financial bootstrapping.