Contribution of small and medium enterprises to economic development: Evidence from a transiting economy

The focus of this research was to present a data article on the contribution of SMEs to economic development in a transiting economy. Descriptive research design was adopted in this study. Data were obtained from 600 respondents in 60 small-scale enterprises located in different parts of the country (20 small-scale enterprises located in Lagos State, 20 in Anambra State and 20 in Kano State of Nigeria respectively). Data analysis was carried out using tables and percentages and the null hypotheses of the study was tested using chi-square (X2 ) inferential statistical model at 5% level of significance. The findings revealed that there is a significant relationship between the operation of small and mediumscale enterprises and economic growth in developing nations

MODERATING EFFECT OF ENTREPRENEURIAL ORIENTATION ON ENTREPRENEURIAL COMPETENCIES AND PERFORMANCE OF AGROBASED SMEs

The objective of this research was to examine the moderating effect of entrepreneurial orientation on the relationship between entrepreneurial competencies and performance of agrobased SMEs in Nigeria. The study used questionnaires gathered from 230 managers of agrobased firms in Lagos state Nigeria. Data analysis was carried out using hierarchical multiple regression to show relationships between the variables. Findings suggest that entrepreneurial competencies have a direct influence on performance of Agro-based SMEs. More so, the statistical result indicates that innovativeness, proactiveness and autonomy are the three entrepreneurial orientations that moderate the relationship between entrepreneurial competencies and performance of the firms

EXAMINING THE LINK BETWEEN UNIVERSITY SUPPORT SYSTEMS, KNOWLEDGE SHARING AND INNOVATION: A FOCUS ON NIGERIAN UNIVERSITY STUDENTS

The objective of this study was to examine the role of university policy environment in motivating knowledge sharing and innovations among students of Nigerian universities the data for this study was collected from university students of four selected institutions in Nigeria offering a degree programme in entrepreneurship. The selected universities are Joseph Ayo Babalola in Osun State, Federal University of Agriculture in Abeokuta Ogun State, Federal University of Technology Akure Ondo State and Lead City University Ibadan Oyo State. This study adopted descriptive cross sectional survey research design in which the research questionnaire was administered to respondents. It was recommended that university support systems in Nigerian universities should motivate entrepreneurial related knowledge sharing among students to motivate innovations. The policy environment should be characterized by initiatives such as technology patenting and commercialization, seed funding, business mentoring and business incubators. It is also recommended that engagement of students with entrepreneurial development initiatives provided by institutions should involve students across all levels. Recent findings in entrepreneurship research have shown that early exposure to practical oriented entrepreneurship activities can increase the likelihood of expression of entrepreneurial behavior by undergraduate students

GOVERNMENT FINANCIAL SUPPORT AND FINANCIAL PERFORMANCE OF SMES

Government support programmes are viewed as important tools for enhancing the performance of SMEs. Despite enormous effort by government to foster growth and development in the SMEs sector through various support programmes, the rising failure and underperformance of the SMEs sector suggest a contrary effect. This study explored the impact of financial assistance on the performance of SMEs across three states in Nigeria. Mixed methods approach was adopted using the survey and semi-structured interview methods. The study makes use of stratified and simple random technique to select the respondent of the questionnaire. A total of four hundred (400) copies of questionnaire were administered to owners/managers of SMEs, out of which only three hundred and sixty (360) were returned and adjudged usable for the analysis, while 20 semi-structured interviews were conducted on the owners/managers of SMEs. Descriptive statistics and Multiple Regression were used to facilitate the estimation process. In addition, thematic analysis was used to analyze the qualitative interviews. The study identified that while financial assistance has significant impact on the performance of SMEs, these supports are inadequate and characterized by stringent, unrealistic bureaucratic details. Based on these findings, the study recommended that facilitating access to adequate funding are highly effective in enhancing performance

Contribution of small and medium enterprises to economic development: Evidence from a transiting economy

The focus of this research was to present a data article on the contribution of SMEs to economic development in a transiting economy. Descriptive research design was adopted in this study. Data were obtained from 600 respondents in 60 small-scale enterprises located in different parts of the country (20 small-scale enterprises located in Lagos State, 20 in Anambra State and 20 in Kano State of Nigeria respectively). Data analysis was carried out using tables and percentages and the null hypotheses of the study was tested using chi-square (X2 ) inferential statistical model at 5% level of significance. The findings revealed that there is a significant relationship between the operation of small and mediumscale enterprises and economic growth in developing nations

Data set on training assistance and the performance of small and medium enterprises in Lagos, Nigeria

Human capital is considered a major asset of any business. This is even more vital in a knowledge-driven economy, where nonvisible factors and services are of increasingly significant. The focus of this study was to determine the impact of training assistance on the performance of SMEs in Lagos, Nigeria. Only few studies have investigated how training support programmes by government facilitate the performance of SMEs under Small and Medium Enterprises Agency of Nigeria (SMEDAN) in Nigeria. Descriptive research method was adopted for this study. Statistical Package for Social Sciences (SPSS 22) was used to analyse 203 copies of questionnaire retrieved. The reliability and validity of research instruments was also established. This data set indicated that training and development can facilitate innovative processes among SMEs owners to create economic, social values and remain globally competitive

Data on customer perceptions on the role of celebrity endorsement on brand preference

This research presents data on the effect of celebrity endorsement on consumers’ brand preference. Copies of structured questionnaire were administered to 384 customers of telecommunication industry. Using descriptive, correlation and regression statistical analysis, the data revealed that celebrity image has an effect on consumer brand loyalty, celebrity trustworthiness has an influence on consumer brand association. More so, the relationship between celebrity expertise and perceived quality of the product was establishe