2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria

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Format: General Document
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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3
copyright Copyright©PWB2025
country Malaysia
date 2018-08-19
format General Document
id 16358
institution UniSZA
originalfilename THE IMPACT OF ENTREPRENEURIAL COMPETENCIES ON THE PERFORMANCE OF SMEs IN NIGERIA (MASTER_2018).pdf
person Uzairu Muhammad Gwadabe
recordtype oai_dc
resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=16358
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spelling 16358 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=16358 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3 General Document Malaysia Library Staff (Top Management) Library Staff (Management) Library Staff (Support) Terengganu Faculty of Business and Management English application/pdf 1.5 Nigeria Server storage Scanned document Universiti Sultan Zainal Abidin UniSZA Private Access Universiti Sultan Zainal Abidin SAMBox 2.3.4; modified using iTextSharp™ 5.5.10 ©2000-2016 iText Group NV (AGPL-version) 2018-08-19 Business Performance Copyright©PWB2025 Uzairu Muhammad Gwadabe 201 Success in business THE IMPACT OF ENTREPRENEURIAL COMPETENCIES ON THE PERFORMANCE OF SMEs IN NIGERIA (MASTER_2018).pdf Impact Of Entrepreneurial Competencies The Performance Of SMEs Entrepreneurial ability Small business – Nigeria Entrepreneurship – Nigeria 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria Studies from around the globe have stressed the importance of Small and Medium Enterprises (SMEs) as the backbone for economic growth and development. The enterprises contribute significantly to job creation, poverty alleviation, enhancement of the Gross Domestic Products (GDP) and improvement of overall economic viability in developing as well as developed countries. Nevertheless, in Nigeria, SMEs are stagnant because of non-performance. Despite various intervention measures, including finance among others efforts, the performance of the enterprises continues to dwindle, and often the situation leads to their failure. Therefore, this study investigated the contribution of entrepreneurial competencies on SMEs performance. As operationalised by the survey, entrepreneurial competencies consist of three distinct variables; entrepreneurial traits, innovation and entrepreneurial marketing. Specifically, the study aimed to examine the impacts of (1) entrepreneurial traits, (2) innovation, and (3) entrepreneurial marketing on the performance of SMEs in Nigeria. This exploratory survey used self-administered questionnaires to randomly collect data from 218 SMEs that represent the population of 1,616 manufacturing SMEs in Kano State, Nigeria. The data of the study were analysed using Structural Equation Modelling (SEM), which consist of exploratory and confirmatory factor analysis, modelling of the multiple regression and correlation among variables. The software used are the Statistical Package for the Social Sciences (IBM-SPSS-Statistics) version 25.0 and IBM-SPSS-Amos version 25.0. The result of this study revealed that two constructs; entrepreneurial traits and entrepreneurial marketing have a positive and significant impact on SMEs performance while innovation has a positive but insignificant effect on SMEs performance in Nigeria. The insignificant effect of innovation might be as the result of lack of creativity among entrepreneurs in Nigeria as most of them focus on imitation. This study comes up with the earlier mentioned competencies as a mechanism to improve the performance of SMEs in Nigeria. This study can be of a significant contribution to all SMEs stakeholders in developing and sustaining a good performing SMEs sector. It is hopeful that the entrepreneurs will adopt the proposed skills. Dissertations, Academic Thesis
spellingShingle 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria
state Terengganu
subject Business Performance
Success in business
Entrepreneurial ability
Small business – Nigeria
Entrepreneurship – Nigeria
Dissertations, Academic
summary Studies from around the globe have stressed the importance of Small and Medium Enterprises (SMEs) as the backbone for economic growth and development. The enterprises contribute significantly to job creation, poverty alleviation, enhancement of the Gross Domestic Products (GDP) and improvement of overall economic viability in developing as well as developed countries. Nevertheless, in Nigeria, SMEs are stagnant because of non-performance. Despite various intervention measures, including finance among others efforts, the performance of the enterprises continues to dwindle, and often the situation leads to their failure. Therefore, this study investigated the contribution of entrepreneurial competencies on SMEs performance. As operationalised by the survey, entrepreneurial competencies consist of three distinct variables; entrepreneurial traits, innovation and entrepreneurial marketing. Specifically, the study aimed to examine the impacts of (1) entrepreneurial traits, (2) innovation, and (3) entrepreneurial marketing on the performance of SMEs in Nigeria. This exploratory survey used self-administered questionnaires to randomly collect data from 218 SMEs that represent the population of 1,616 manufacturing SMEs in Kano State, Nigeria. The data of the study were analysed using Structural Equation Modelling (SEM), which consist of exploratory and confirmatory factor analysis, modelling of the multiple regression and correlation among variables. The software used are the Statistical Package for the Social Sciences (IBM-SPSS-Statistics) version 25.0 and IBM-SPSS-Amos version 25.0. The result of this study revealed that two constructs; entrepreneurial traits and entrepreneurial marketing have a positive and significant impact on SMEs performance while innovation has a positive but insignificant effect on SMEs performance in Nigeria. The insignificant effect of innovation might be as the result of lack of creativity among entrepreneurs in Nigeria as most of them focus on imitation. This study comes up with the earlier mentioned competencies as a mechanism to improve the performance of SMEs in Nigeria. This study can be of a significant contribution to all SMEs stakeholders in developing and sustaining a good performing SMEs sector. It is hopeful that the entrepreneurs will adopt the proposed skills.
title 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria
title_full 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria
title_fullStr 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria
title_full_unstemmed 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria
title_short 2018_The Impact of Entrepreneurial Competencies on The Performance of SMEs in Nigeria
title_sort 2018_the impact of entrepreneurial competencies on the performance of smes in nigeria