MA 25 ENTREPRENEURIAL COMPETENCIES AND GROWTH OF SMALL BUSINESSES IN ABUJA, NIGERIA
ENTREPRENEURIAL COMPETENCIES AND GROWTH OF SMALL BUSINESSES IN ABUJA, NIGERIA
Michael Isaac Opusunju1 Amechi Fabian Anoke2 Murat Akyuz3
1,3Department of Business Administration, Nile University of Nigeria
2Department of Business Administration, Nasarawa State University, Keffi-Nigeria
opusunjumike@gmail.com1 anoproject1@gmail.com2 murat.akyuz@nileuniversity.edu.ng3
1,3Department of Business Administration, Nile University of Nigeria
2Department of Business Administration, Nasarawa State University, Keffi-Nigeria
opusunjumike@gmail.com1 anoproject1@gmail.com2 murat.akyuz@nileuniversity.edu.ng3
Abstract
The study evaluated the effect of entrepreneurial competencies on the growth of small businesses in Abuja, Nigeria. The study adopted a survey research design. The population of small businesses in Abuja in this study is 2244 and this is reduced to 399 using Yamane of 1967. The study collected data using a questionnaire that was administered to the respondents. Regression was to analyze the data and the findings showed that that entrepreneurial competencies have a negative and significant effect on the expansion of small businesses in Abuja. The study recommended that small businesses in Abuja should apply fully the concept of entrepreneurial competencies in doing conducting their business activities even if there is a negative effect on the growth of small businesses now. It is believed that in the future if the concept is fully adopted by small businesses, they will be a positive significant effect in the future.
The study evaluated the effect of entrepreneurial competencies on the growth of small businesses in Abuja, Nigeria. The study adopted a survey research design. The population of small businesses in Abuja in this study is 2244 and this is reduced to 399 using Yamane of 1967. The study collected data using a questionnaire that was administered to the respondents. Regression was to analyze the data and the findings showed that that entrepreneurial competencies have a negative and significant effect on the expansion of small businesses in Abuja. The study recommended that small businesses in Abuja should apply fully the concept of entrepreneurial competencies in doing conducting their business activities even if there is a negative effect on the growth of small businesses now. It is believed that in the future if the concept is fully adopted by small businesses, they will be a positive significant effect in the future.
Keywords: entrepreneurial competencies, expansion, and growth
https://drive.google.com/open?id=1t2cGrgLirfBhRnL_K6hVEr2MNZWnIEhq
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