Enhancing the Performance of Agro-Based SMES: The Role of Entrepreneurship Competencies
No Thumbnail Available
Date
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Description
The role of entrepreneurial competencies in enhancing the
performance of SMEs, especially in the agro-based industry of developing
economies such as Nigeria has not been discussed extensively in extant
literature. Therefore, this research is focused on examining the role of
entrepreneurial competencies in enhancing the performance of agro-based
SMEs. The study used 232 copies of questionnaires that were administered to
agro-based business owners and managers in Lagos State as the data gathered
instrument. Data analysis was carried out using regression analysis to show
relationships between the variables. At different levels, the findings revealed
that entrepreneurial competencies relates with the firms’ profitability,
customer base, organisational effectiveness, and sales growth. Therefore, the
study recommended that entrepreneurial firms should consciously develop the
ability of being sensitive to the environment and the ability to recognize
opportunities in the market place
Keywords
HF Commerce