Entrepreneurial Competencies and Entrepreneurial Mindset as Determinants of Small and Medium Scale Enterprises Performance in Nigeria

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Emmanuel Lubem Asenge
Emmanuel Lubem Asenge
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Asenge
Asenge
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Emmanuel Lubem
Emmanuel Lubem
α Benue State University Benue State University

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Entrepreneurial Competencies and Entrepreneurial Mindset as Determinants of Small and Medium Scale Enterprises Performance in Nigeria

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Abstract

In carrying multiple roles, entrepreneurs must equip themselves with entrepreneurial competencies. The environment in which entrepreneurs operate requires knowledge, skills and the ability to recognize opportunities and think out of the box. Owners of small and medium scale businesses need to have a resilience which will enable them to thrive well. This study assessed entrepreneurial competencies and entrepreneurial mindset as determinants of SMEs performance in developing countries. The study focused on SMEs in Benue State, Nigeria. Two research hypotheses were formulated to achieve the objectives of the study. A survey design is adopted and questionnaire was used as the instrument of data collection. The population of the study consists of 1,250 owners of SMEs in Benue State and, a sample of 300 participants was derived using the Taro Yamane formula. Regression analysis is used for data analysis and test of hypotheses at 0.05 significance level.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Emmanuel Lubem Asenge. 2018. \u201cEntrepreneurial Competencies and Entrepreneurial Mindset as Determinants of Small and Medium Scale Enterprises Performance in Nigeria\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 18 (GJMBR Volume 18 Issue A13): .

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Issue Cover
GJMBR Volume 18 Issue A13
Pg. 25- 34
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-A Classification: JEL Code: L26
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v1.2

Issue date

December 31, 2018

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en
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In carrying multiple roles, entrepreneurs must equip themselves with entrepreneurial competencies. The environment in which entrepreneurs operate requires knowledge, skills and the ability to recognize opportunities and think out of the box. Owners of small and medium scale businesses need to have a resilience which will enable them to thrive well. This study assessed entrepreneurial competencies and entrepreneurial mindset as determinants of SMEs performance in developing countries. The study focused on SMEs in Benue State, Nigeria. Two research hypotheses were formulated to achieve the objectives of the study. A survey design is adopted and questionnaire was used as the instrument of data collection. The population of the study consists of 1,250 owners of SMEs in Benue State and, a sample of 300 participants was derived using the Taro Yamane formula. Regression analysis is used for data analysis and test of hypotheses at 0.05 significance level.

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Entrepreneurial Competencies and Entrepreneurial Mindset as Determinants of Small and Medium Scale Enterprises Performance in Nigeria

Asenge
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Emmanuel Lubem
Emmanuel Lubem

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