Osibanjo, A. O. and Ibidunni, A. S. and Jevwegaga, H. and Adebanji, A. W. INDUSTRIAL CLUSTERING AND PERFORMANCE OF TECHNOLOGY-BASED SMES IN NIGERIA: DOES FIRM AGE AND SIZE HAVE ANY INFLUENCE? International Journal of Civil Engineering and Technology.
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Abstract
This research focused on examining the relationship between industrial clustering and performance of technology-based SMEs in Nigeria, and to identify the moderating role of firm age and size on this relationship. A sample size of 65 owners/managers of technology-based small and medium enterprises were surveyed through the use of structured questionnaire. Hierarchical multiple regression were adopted in analysing the research instrument. Based on the findings from the statistical analysis, this research concludes that there is a direct relationship between industrial clustering and the performance of SMEs in Nigeria. The study also asserts that firm age is a critical influencer of the relationship between industrial clustering and performance of SMEs. Consequently, it is recommended that SME operators in Nigeria should leverage on industrial clustering as a means of enhancing their performance levels. More so, owners/managers of SMEs, bearing in mind the age categorization of their organizations should form industrial clusters in ways that help younger firms share from the experiences of older firms to enhance their performance.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Mr Ayodotun Stephen Ibidunni |
| Date Deposited: | 11 Feb 2020 12:26 |
| Last Modified: | 11 Feb 2020 12:26 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/13114 |
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