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Training/Development and Survival of Small Businesses in Port Harcourt

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  • Akpuruku Banton
  • Enyia Charles Daniel

Abstract

This study empirically examined the extent to which training and development creates business success among small businesses in Port Harcourt. 60 small formal and informal businesses were randomly selected in order to achieve full representation. Our findings showed that small business success can be related to factors such as training and development. The result of our partial correlation also showed that technology significantly moderates the relationship between training/development and business success. The study therefore recommends conscious effort by potential enterprises to train and re-train themselves before venturing into any form of business because having good knowledge on the business is also a sign of future success.

Suggested Citation

  • Akpuruku Banton & Enyia Charles Daniel, 2018. "Training/Development and Survival of Small Businesses in Port Harcourt," International Journal of Science and Business, IJSAB International, vol. 2(4), pages 598-606.
    • Handle: RePEc:aif:journl:v:2:y:2018:i:4:p:598-606
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    References listed on IDEAS

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    1. James R. Tybout, 2000. "Manufacturing Firms in Developing Countries: How Well Do They Do, and Why?," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 11-44, March.
    2. Doms, Mark & Dunne, Timothy & Roberts, Mark J., 1995. "The role of technology use in the survival and growth of manufacturing plants," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 523-542, December.
    3. Audretsch, David B & Mahmood, Talat, 1995. "New Firm Survival: New Results Using a Hazard Function," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 97-103, February.
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    Cited by:

    1. Andam Jamal, 2020. "The Antecedents and Outcomes of Brand Relationship Quality and Customer Engagement," International Journal of Science and Business, IJSAB International, vol. 4(11), pages 131-151.

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