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Indigenous African Enterprise:The Igbo Traditional Business School (I-TBS) (Advanced Series in Management) (Advanced Series in Management, 26)
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/ Ogechi Adeola editor
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Emerald Publishing
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Books / Business
Year:
2020
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This volume of Advanced Series in Management traces the origins, development, and key themes of the business practices of Nigerias south-eastern Igbos including apprenticeships, entrepreneurial clusters, sales practices, conflict management, talent recruitment, indigenous financial practices, locally-generated venture capital, family businesses, and succession planning. The Igbo Traditional Business School (I-TBS) is not a conventional academic institution as it operates outside the classroom. Though without a library, or even an address, its tradition of lifelong entrepreneurial learning is an important area to explore. At a time when there is increased interest in Africa-centric business models, it is valuable to consider sustainable business prototypes built on established cultural practices, norms, and values. Academics will find the examination of innovative I-TBS business practices, a valuable contribution to sustainable development discourse in Africa and frontier markets. Practitioners and policymakers will gain insights into the unique practices of an indigenous entrepreneurship system in an African context, with implications for socioeconomic advancements.

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ADVANCED SERIES IN MANAGEMENT

Series Senior Editors: Miguel R. Olivas-Lujan and Tanya Bondarouk

Previous Volumes:

HRM 4.0 For Human-Centered Organizations

Rita Bissola & Barbara Imperatori

Diversity within Diversity Management: Types of Diversity in Organizations

Eds. Andri Georgiadou, Maria Alejandra Gonzalez-Perez, Miguel R Olivas-Lujan

Diversity within Diversity Management: Country-based Perspectives

Eds. Andri Georgiadou, Maria Alejandra Gonzalez-Perez and Miguel R Olivas-Lujan

Indigenous Management Practices in Africa: A Guide for Educators and Practitioners

Eds. Uchenna Uzo and Abel Kinoti Meru

Organisational Roadmap Towards Teal Organisations

Tanya Bondarouk, Anna Bos-Nehles, Maarten Renkema, Jeroen Meijerink, Jan De Leede

International Business Diplomacy: How can multinational corporations deal with lobal challenges?

Ed. Huub Ruel

Age Diversity in the Workplace

Silvia Profili, Alessia Sammarra and Laura Innocenti

New Ways of Working Practices: Antecedents and Outcomes

Jan De Leede

Dead Firms: Causes and Effects of Cross-Border Corporate Insolvency

Miguel M. Torres, Virginia Cathro, and Maria Alejandra Gonzalez Perez

Human Resource Management, Social Innovation and Technology

Eds.Tanya Bondarouk and Miguel R. Olivas-Lujn

Shared Services as a New Organizational Form

Tanya Bondarouk

Social Media in Human Resources Management

Eds. Tanya Bondarouk and Miguel R. Olivas-Lujn

Social Media in Strategic Management

Eds. Miguel R. Olivas-Lujn and Tanya Bondarouk

(Dis)honesty in Management: Manifestations and Consequences

Eds. Tiia Vissak and Maaja Vadi

Commercial diplomacy and international business: a conceptual and empirical exploration

Eds. H. Rul

Electronic HRM in Theory and Practice

Eds. T. Bondarouk, H. Rul, and J.C. Looise

Relational Practices, Participative Organizing

Eds. Chris Steyaert and Bart Van Looy

Autopoiesis in Organization Theory and Practice

Eds. Rodrigo Magalhaes & Ron Sanchez

Tracks and Frames: The Economy of Symbolic Forms in Organizations

Ed. K. Skoldberg

Systems Perspectives on Resources, Capabilities and Management Processes

Eds. John Morecroft, Ron Sanchez and Aim Heene

Managing Imaginary Organizations: A New Perspective on Business

Eds. Bo Hedberg, Philippe Baumard and A. Yakhlef

Complex Systems and Evolutionary Perspectives on Organizations: The Application of Complexity Theory to Organizations

Ed. Eve Mitleton-Kelly

Organizations as Learning Systems Living Composition as an Enabling Infrastructure

Ed. Marjatta Maula

ADVANCED SERIES IN MANAGEMENT VOLUME 26

INDIGENOUS AFRICAN ENTERPRISE: THE IGBO TRADITIONAL BUSINESS SCHOOL (I-TBS)

EDITED BY

OGECHI ADEOLA

Lagos Business School, Nigeria.

United Kingdom North America Japan

India Malaysia China

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2021

Reprints and permissions service

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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters' suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-83909-034-9 (Print)

ISBN: 978-1-83909-033-2 (Online)

ISBN: 978-1-83909-035-6 (Epub)

ISSN: 1877-6361

To my Dad Chief Emmanuel Ezeriwe Anumnu nonagenarian lover of God and - photo 3

To my Dad Chief Emmanuel Ezeriwe Anumnu nonagenarian lover of God and - photo 4

To my Dad, Chief Emmanuel Ezeriwe Anumnu, nonagenarian, lover of God and
humanity, who embodies the Igbo work ethics and business culture

CONTENTS

SECTION I
AN INTRODUCTION TO THE IGBO TRADITIONAL BUSINESS SCHOOL (I-TBS)

Ogechi Adeola

Adebukola E. Oyewunmi, Olabode A. Oyewunmi and Chinonye L. Moses

Anayo D. Nkamnebe and Esther N. Ezemba

Ishmael Obaeko Iwara

SECTION II
INDIGENOUS BUSINESS MANAGEMENT AND SUCCESSION PLANNING

Okey Nwuke, Chizoba Nwoye and Nnaemeka Onoyima

Chidi Okoro and Nkemdilim Iheanachor

Ngozi Ann Chikere, Adenike Aderonke Moradeyo and Isaiah Adisa

SECTION III
FINANCIAL PRACTICES, SALES NEGOTIATION AND CONFLICT MANAGEMENT

Uche Attoh and Ademola Ajeyomi

Silk Ugwu Ogbu

Ogechi Adeola, Uchenna Uzo and Adedeji Adewusi

SECTION IV
BUSINESS INCUBATORS AND MODELS

Victoria Okafor, Ogechi Adeola and Afam Ituma

Awele Achi and Francis Chukwuedo Achi

Ngozi Okpara

Kingsley Ekene Amaechi

SECTION V
RECOMMENDATIONS FOR POLICY AND PRACTICE

Obinna Ikwuegbu, Oluyemisi Bolade-Ogunfodun, Kola Yusuff and Bernd Vogel

Ogechi Adeola

LIST OF FIGURES

Figure 1.	Diagram Showing Business Ownership from Generation to Generation.	8
Figure 1.	Challenges of the Igba-Boi/Imu Ahia Apprenticeship Model.	22
Figure 1.	Diagrammatic Representation of the I-TBS' Strengths.	43
Figure 2.	Diagrammatic Representation of the I-TBS' Weaknesses.	44
Figure 3.	Diagrammatic Representation of Opportunities of the I-TBS.	45
Figure 4.	Diagrammatic Representation of the Threats Associated with the I-TBS.	46
Figure 1.	Influence of Culture on Negotiation Outcomes.	117
Figure 2.	Categorising Negotiation Orientation among Igbo Traders.	117
Figure 1.	Summary of Indigenous Financial Practices of Igbo Micro-Entrepreneur.	155
Figure 1.	Images of the Akwete Weaving Process. (a) Students weaving the Akwete fabric with the weaving machine called loom). (b) An Akwete design from the centre. (c) Vice Chancellor of AE-FUNAI touching an Akwete material during the opening ceremony of AE-FUNAI Akwete weaving centre.

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