IDOWU, ADEBAYO EMMANUEL and Covenant University, Theses (2018) EFFECT OF ENTREPRENEURIAL ORIENTATION ON BUSINESS PERFORMANCE OF SELECTED SMES IN LAGOS STATE. Masters thesis, COVENANT UNIVERSITY.
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Abstract
Small and medium enterprises had been so long recognized as a major contributor of growth of economy of nations and understanding the factors affecting their performances, especially in developing nations, are of paramount. This project work, on aforementioned reason, aims to find out the effect of entrepreneurial orientation; innovativeness, risk-taking, proactiveness and autonomy on business performances; sales-growth, profitability as well as customer satisfaction using case study of SMEs in Alimosho local government area in Lagos. Questionnaires were used as instrument to gather information from a population of 240 which was drawn out randomly from about 600 firms in the area to carry out the study with descriptive research design. The data gathered were sorted then analyzed with regression analysis method and the findings show that: i) innovativeness does not necessarily influence sales growth of SMEs. ii) risk-taking orientation has significant influence on profitability of firm, iii) proactiveness is indeed an influencer of sales growth of firms generally and lastly, iv) autonomous behaviour has a positive impact on customer satisfaction. In addition, the study also provides valuable ideas, figures and facts that can be employed by SMEs owners, academic scholars, researchers, students and government in understanding the significant impact of entrepreneurial orientation on business performance of SMEs. If there is appropriate consideration on the recommendations made in this study, there will be an improvement in business performance and profitability which will have a significant impact on the nation’s GDP, create employment opportunities and more so stimulate economic growth and development. Meanwhile, comparative studies can still be carried out in several other sectors of the economy where these SMEs can be found and other entrepreneurial firms in other parts of the country should also be considered as respondents for further investigation apart from Lagos State where this work is carried out.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Autonomy, Entrepreneurial orientation, Innovation, Proactiviness, Profitability, Risk-taking, Sales growth. |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 30 Jun 2020 17:11 |
| Last Modified: | 30 Jun 2020 17:11 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/13439 |
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