The Effect of Pro-Activeness on Growth of Selected Small and Medium Scale Enterprises in Ogun State Nigeria.
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 12
Abstract
Leadership in itself does not yield into entrepreneurial orientation. However, each type of leadership present behaviours that have been linked to the entrepreneurship and such include proactive personality which is vital to the growth of any business venture. Meanwhile lack of entrepreneur’s initiatives to take new opportunity and exploit it as a pro-activeness variable had the greatest negative effect on SMEs growth. This study looked into the effect of pro-activeness on growth of selected small and medium scale enterprises in Ogun state, Nigeria by employing data randomly drawn from selected enterprises based on size classification and growth measures. Methodology involved the use ofSurvey research design and structured questionnaire.Set of questionnaire on entrepreneurial pro-activeness and growth of SMEs were self- administered for the collection of the primary data. A group of 386 firms were analyzed. Apilot study was carried out to test the validity and reliability of the research instrument using Cronbach Alpha reliability test. The data collected were analyzed using both descriptive and inferential statistics. The findings of this study revealed that Pro-activeness has positive significant effect on growth (β=0.527; R2= 0.358; t(385) = 14.622; p<0.05),and concluded that entrepreneurial pro-activeness affected growth of SMEs in Ogun State, Nigeria. Entrepreneurs are recommended to continue to be proactive by carrying out strategic environmental scanning for new opportunities in the market.
Authors and Affiliations
Dr. Adefulu Adesoga D. , Prof. Asikhia, Olalekan U. , Aroyeun, Taiwo . F.
Keywords
Related Articles
- EP ID EP429117
- DOI 10.9790/487X-2012051421.
- Views 77
- Downloads 0
The Effect of Occupational Health and Safety Inspection on Employee Performance In Sugar Companies In Kakamega County, Kenya.
The twentieth century witnessed remarkable reductions in the number and rate of occupational fatalities and injuries. However, many preventable injuries and deaths still occur. There are barriers to progress in occupatio...
Investors Awareness&Perception Towards Crowdfunding Models In India
Crowdfunding is a mainstream idea that developed in US and UK. It has emerged as a source for raising capitalthrough web based life systems – Facebook, Twitter, LinkedIn and other devoted sites. Indians are not extremely...
Advancing Towards a More Effective Stakeholder Engagement by Multinational Companies in Nigeria*
Sustainable Governance is a concept whereby companies integrate social and environmental concerns in their business operations and their interactions with their stakeholders on a voluntary basis. Stakeholder engagement a...
Women Entrepreneurship and Government Support in Present Scenario in the Context of India:
Entrepreneurship which comes under the umbrella of business regime, which plays significant role in the development of the country and its economy in a fruitful condition by setting up of organizations, may be in small o...
The Effect of Organizational Commitment and Motivation on Employee Performance through Job Satisfaction in Employees Directorate of Tax Information
This study aimed to determine the effect of organizational commitment, motivation and employee satisfaction with employee performance simultaneously and partially. The study was conducted on the employees of the Director...