Dr Adeniyi Olarewaju


Adeniyi D. Olarewaju (Ph.D.) is a Lecturer of International Business and Strategy at the Maynooth University Business School, Ireland.

He earned a doctorate in Management from the University of Lagos (UNILAG) with a specialization in sustainable entrepreneurship and firms'  internationalization. In addition, Adeniyi has a Diploma from Harvard Business School (HBS) in the Certificate of Readiness Program (CORe).

In 2017, Adeniyi emerged as the best case writer for the African Business Category in the annual EFMD Case Writing Awards Competition in Berlin,  Germany. He also became the first recipient of the Postgraduate Trust Fund in UNILAG in 2017, with an overall best CGPA of 4.67.

Adeniyi has over a decade of multifaceted experience in the academia and  multinational organizations spanning three continents. He brings a unique and globally informed perspective to teaching, research, and consulting. His academic journey has taken him from the vibrant educational landscape of Nigeria, through the dynamic crossroads of North and Latin America in Mexico, to the enriching and diverse academic environment of Ireland in Europe.

This international trajectory has not only provided Adeniyi with a rich blend of cultural experiences but has also deepened his understanding of diverse educational systems, research paradigms, and business landscapes. Adeniyi’s pedagogical approach and consulting strategies have all been significantly enriched by the global insights gained through his engagements in these distinct regions. This diverse background uniquely equips him to bridge global perspectives and bring a holistic dimension to the fields he is passionate about.

Adeniyi's current research interests are related to internationalization of SMEs, institutional quality and voids, institutional environments in emerging economies, strategies of legitimation by multinational enterprises, and sustainable entrepreneurship of firms.

He has published and presented many peer-reviewed articles at international conferences and is completely dedicated to imparting knowledge, through lived experiences and active learning strategies.

Adeniyi is also aggressively passionate about personal finance and considers himself a financial bricklayer, stacking each brick one after another in the journey to building long-term sustainable income through dividend stock investing.

He is a 2020 Paul R. Lawrence Fellow.

Research Interests

A.        Research Area and Approach

My primary research interest is on international business strategy, nonmarket strategy, and international entrepreneurship of firms from emerging economies, which are themes from my doctoral thesis. My thesis was concerned with how indigenous firms in emerging and developing economies, in spite of weakly-enforced institutions, are able to develop competences and capabilities, which enables them to have or improve their international performances in other countries.

Emphasis has been on gradual entry-mode (Uppsala model) or international new ventures (Born-global model), which are arguments concerning the internationalisation of firms in mature economies. However, firms in frontier economies may not necessarily follow these internationalisation paths.

By analysing a combination of primary and secondary data, as well as peculiarities of individual organisational case studies, my research agenda as an early-career researcher focuses on better understanding the international diversification strategies of firms in the Global South. Other related research interests of mine include firms’ internationalisation strategies, institutions and institutional voids in developing and emerging economies; export performance, international diversification and entry-mode challenges; entrepreneurial intention and entrepreneurship in developing and emerging economies; adoption and practice of sustainable entrepreneurship, as well as indigenous entrepreneurship practice; and dynamic capabilities and strategic agility of multinational corporations.

B.        Ph.D. Thesis and Past Research

My thesis studied the nexus between institutional environment and the internationalisation of firms in an emerging economy, and also examined the extent to which sustainable entrepreneurship could mediate the relationship. Findings showed that institutions as presently constituted serve as constraints, rather than incentives, to internationalisation. However, since sustainable entrepreneurship positively mediated the relationship between institutional environment and firms’ internationalisation, it was advanced that in countries with institutional voids, firms should consciously seek the adoption of sustainable entrepreneurship practice, especially if desirous of becoming global players and deriving international competitive advantage.

One of the chapters in my thesis focused on the international strategy of an indigenous oil-service company and I developed a case-study concerning the organisation. The research output won me the best case writer award at the 2017 European Federation for Management Development (EFMD) annual case writing competition in the African business category. Furthermore, due to my demonstrated expertise in case teaching and potential for case writing, I was conferred with the Paul R. Lawrence Fellowship in 2020 by the Case Research Foundation (CRF), at the 2020 North American Case Research Association conference.

C.        Current and Future Research

The opportunity to live in and work in other countries in Latin America and Europe opened avenues to test the propositions from my thesis concerning institutions and internationalisation. Some of my findings will be presented at major international conferences in 2024. This is with a view to publishing in high impact journals.

In the past few months, some of my research output have found homes in international business and strategy journals. For instance, in a recent article published in Review of International Business and Strategy (Olarewaju & Ajeyalemi, 2023 – ABS1), we explored the nonmarket strategies of multinational corporations in responding to Covid-19 uncertainties. Similarly, as the lead author, myself and other colleagues explored SME international entrepreneurship through a strategy tripod framework and that has been published as a Book Chapter in the book De Gruyter Handbook of SME Entrepreneurship, edited by Marina Dabić and Sascha Kraus for De Gruyter Publishers. Suffice to say, I have multiple publications in CABS/ABS 2 ranked journals and I have presented some of my findings at major international conferences.

In addition, I have a promising research agenda and I have built a network of co-researchers in my field from around the world. This will be valuable for the research projects I have in the pipeline scheduled for submission to highly ranked journals.

D.        Linking my research with teaching

Linking my research with teaching has allowed me to bring cutting-edge knowledge and real-world insights into the classroom, enriching the learning experiences of my students. For example, one of the cases written by me has been extensively used in the following courses that I facilitated: “International Business Management”, “Doing Business Abroad”, “Small Business Entrepreneurship”, “Strategic Management and Corporate Planning”, and “International Services Development”. The debates are quite frenetic and students’ feedbacks are always interesting. It is a delight for me when students continue academic arguments long after class periods are over. My research has therefore had profound impact on the educational experiences and development of my students.

Another significant way in which my research has directly benefited students is by fostering a culture of critical thinking concerning international business and institutional voids. Incorporating my research into teaching allows me to explore diverse perspectives, challenge assumptions, and encourage critical thinking among students. For instance, it is always interesting when we explore internationalisation challenges of firms in Africa, Latin America, the US, and Europe. Students get to appreciate that resource capabilities (RBV) and industry conditions may not be enough to explain organisational strategies and international performance.

Furthermore, my research experience has provided opportunities for students to connect with industry professionals, scholars, and experts in my field. Through my collaborations and networks established through research projects, I always invite guest speakers, organise workshops, and facilitate industry interactions, exposing students to a range of perspectives and opportunities. These interactions enable students to gain insights into the practical implications of doing business in international markets. Case in point is using collaborative expert exchange programmes to enrich students’ learning experience or employing international virtual projects such as X-Culture to enable students work on real international business challenges presented by real companies.

Lastly, my commitment to international business research ensures that the course content remains relevant, updated, and aligned with the latest developments in the field. By staying abreast of emerging trends, industry advancements, and theoretical arguments, I am able to equip students with the knowledge and skills required to thrive in a rapidly evolving global business landscape. Recent examples include Israel-Palestine conflict, BREXIT, Russian-Ukraine war, Covid-19, and rising nationalism and ideologies. Arguments concerning the consequences of these events on the strategies of multinational corporations is always better imagined in class. This research-informed teaching approach ensures that students are well-prepared to tackle future challenges, adapt to changing circumstances, and make informed decisions in their professional lives.

Peer Reviewed Journal

Year Publication
2023 Maheshwari, G., Gonzalez-Tamayo, L.A., and Olarewaju, A.D. (2023) 'An exploratory study on barriers and enablers for women leaders in higher education institutions in Mexico'. Educational Management Administration and Leadership, :1-17. [Link] https://doi.org/10.1177/17411432231153295
2023 Olarewaju, A.D. and Ajeyalemi, O.F. (2023) 'COVID-19 uncertainties, dynamic capabilities and the strategic response of multinational enterprises'. Review of International Business and Strategy, 33 (1):127-153. [Link] https://doi.org/10.1108/RIBS-12-2021-0167
2023 Olarewaju, A.D., Gonzalez-Tamayo, L.A., Maheshwari, G. and Ortiz-Riaga, M.C. (2023) 'Student entrepreneurial intentions in emerging economies: institutional influences and individual motivations'. Journal of Small Business and Enterprise Development, 30 (3):475-500. [Link] https://doi.org/10.1108/JSBED-05-2022-0230
2022 Iwaloye, O.O., Im, H.K., Olarewaju, A.D., Gbadamosi, A., Alves, J., and Trimarchi, M. (2022) 'The Emergence of Resources Seeking Chinese Firms’ Specific Advantages in Emerging Market'. Sustainability (Switzerland), 14 (14). [Link] https://doi.org/10.3390/su14148345

Book Chapter

Year Publication
2023 Olarewaju, A.D., Adebisi, S.A., & George, O.J. (2023) 'SME Internationalization and Strategy Tripod Perspective – Evidence from an Emerging Economy' In: Entrepreneurship. Berlin, Boston : De Gruyter. [Link] https://doi.org/10.1515/9783110747652-004
2021 Ajeyalemi, O.F. and Olarewaju, A.D. (2021) 'Destination Personality Perception as predictor of Symbolic Consumption in Africa’s Tourism Industry' In: New Frontiers in Hospitality and Tourism Management in Africa. Switzerland : Springer Nature Switzerland AG 2021. [Link] https://doi.org/10.1007/978-3-030-70171-0
2020 Ajeyalemi, O.F. and Olarewaju, A.D. (2020) 'Low Cost Strategy as a Remedial Prescription for Resuscitating Nigeria’s Ailing Domestic Airline Industry: The customers’ perspective' In: Consumer Behaviour Review. Brazil : Consumer Behavior Review. [Link] https://ssrn.com/abstract=3627678
2019 Wale-Oshinowo, B., Raimi, L., Olarewaju, A.D., & Mbah, S. (2019) 'Entrepreneurship Education and Student Entrepreneurial Mindset: A Study of Students in Federal Government Tertiary Institutions in Lagos, Nigeria' In: Unilag Journal of Humanities. Nigeria : Unilag Journal of Humanities. [Link] [DOI]
2018 Olarewaju, A. D., Adebisi, S. A., & George, O. J. (2018) 'Indigenous African Financing Strategies as a Unique Engine for Entrepreneurship Growth' In: Advanced Series in Management, Volume 20. United Kingdom : Emerald Publishing Limited. [Link] https://doi.org/10.1108/S1877-636120180000020008
Certain data included herein are derived from the © Web of Science (2023) of Clarivate. All rights reserved.

Professional Associations

Description Function From / To
North American Case Research Association (NACRA) Member 08/10/2020 -
Academy of International Business Member 01/12/2014 -
British Academy of Management Member 01/12/2013 -
Academy of Management Member 01/03/2014 -

Honors and Awards

Date Title Awarding Body
01/06/2022 Book Chapter Grant Reh Family Endowed Chair, Clarkson University USA
08/10/2020 Paul R. Lawrence Fellow Paul R. Lawrence Foundation
01/08/2019 ESRC Research Grant Economic and Social Research Council
02/07/2018 University of Lagos Postgraduate Merit Award Unilag Postgraduate Trust Fund
25/06/2018 Academic Grant Academy of International Business
08/06/2017 EFMD Best Case Writer (African Business Category) European Federation for Management Development (EFMD)


Employer Position From / To
Tecnologico De Monterrey Visiting International Professor 11/02/2019 - 31/12/2021
University of Lagos Lecturer 03/01/2011 - 31/01/2019
Nigerian Stockbrokers Limited Investment Researcher and Portfolio Manager 02/07/2007 - 29/10/2010


Start date Institution Qualification Subject
01/06/2019 Harvard Business School Diploma (Business Analytics, Economics for Managers, and Financial Accounting) Certificate of Readiness (CORe)
01/03/2013 University of Lagos Ph.D. Ph.D. Management (International Business)
01/09/2008 University of Lagos M.Sc Management
01/12/2000 University of Abuja B.Sc Business Administration


Language Reading Writing Speaking
English Fluent Fluent Fluent
Spanish Basic Basic Basic
Yoruba Fluent Fluent Fluent


Client Description
Centre for Global Women’s Studies
StarTimes - HS Media Group
United Nations Fund for Population Activities
World Bank / Ministry of Education

Teaching Interests

Current Teaching Assignments

MN224 - International Management

MN341 - Strategy Simulation

Teaching Experience and Interests

During my Masters and Doctoral studies in Nigeria, I had the privilege to serve as as a teaching assistant from 2011. This exposed me to elementary, intermediate, and advanced courses in International Business, Management, and Entrepreneurship modules at the undergraduate and graduate levels in the Faculty of Management Sciences.

Upon confirmation as a full time lecturer in 2013, I became involved with 12 credit hours courses. Over the course of the next few years, I was in charge of subjects such as “Management Theory, International Business and Comparative Management”, “Corporate Planning and Strategic Management”, Business Research Methods”, and “Entrepreneurship Development at the undergraduate and graduate levels.
In Mexico, I was also engaged in 12 credit hours courses, initially through a face-to-face interaction but subsequently switching to online engagement, and sometimes, a blended approach, due to the pandemic. I facilitated subjects such as “International Services Development”, “Doing Business Abroad”, “Global business: Trends and Risks Detection”, “International Trade Agreements”, “Negotiation and Intercultural Communication”, and “International Business Management”.

For more than a decade therefore, I have been interested in and taught courses related to my doctoral thesis and research interests on international business, strategy, research methods, firms’ internationalization, and entrepreneurship.