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EFFECT OF ENTREPRENURIAL SELF-EFFICACY ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN LAGOS STATE.

OMOYELE, TEMIDAYO STELLA and Covenant University, Theses Masters (2024) EFFECT OF ENTREPRENURIAL SELF-EFFICACY ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN LAGOS STATE. Masters thesis, Covenant University.

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Abstract

One of the crucial questions that is usually asked in business and career is ‘do I believe I can do this?’ as an individual who wants to advance in your career, you have to believe that your skills and hard work will get you there. Self-efficacy is about the extent and individual believes in his capability, and in entrepreneurship, it is important to believe in such cause. The study looks at how these factors affect some of the most important performance indicators for SMEs, such growth, profitability, product quality, and marketing capability. 127 SMEs participated in a cross-sectional survey that provided the study's major source of data. Because the population was small, a sample of the total population was taken. A structured questionnaire survey was used to gather data, and it was addressed to SMEs. When compared to comparable studies and research projects carried out in developing nations and the Nigerian environment, the survey's 94.49% response rate was deemed suitable for the study's objectives. By using the Structural Equation Model-Smart-PLS research discovered each of the variables significantly affects the others. Entrepreneurs should focus their efforts on improving functional indicators to demonstrate that how their experiences in terms of business and life perspectives affects both their business performance.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Entrepreneurial self-efficacy, SME performance, Verbal persuasion, Physiological information, Vicarious experience
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: ORIGBOEYEGHA
Date Deposited: 16 Sep 2024 15:48
Last Modified: 16 Sep 2024 15:48
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/18413

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