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Nigerian Small and Medium Business Management: An Effect of Entrepreneurship Skills

Author

Listed:
  • Money, Udih

    (Federal University of Petroleum Resources, Effurun (FUPRE) Nigeria.)

  • Edjore Emmanue Odibo

    (National Institute for Hospitality and Tourism, Benin City, Nigeria.)

Abstract

The study investigated the Nigerian Small and Medium business management; an effect of entrepreneurship skills using SME’s located in business layouts and streets in Warri and Effurun, Delta State. The paper used primary and secondary data to gather the information. Stratified random sampling technique was employed to select the locations and the sample size. The data were analysed using mean, standard deviation; simple regression and analysis of variance (ANOVA) while F-distribution statistics were used to test for the significance between means at 0.05 level of significance. The research findings were; contemporary entrepreneurs should applied entrepreneurship skills involving, planning and managing SME’s and the SME’s business ethical standard and improved upon by entrepreneurs while one of the recommendations is for Governments to improve the infrastructural facilities for SME’s to succeed.

Suggested Citation

  • Money, Udih & Edjore Emmanue Odibo, 2015. "Nigerian Small and Medium Business Management: An Effect of Entrepreneurship Skills," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 6(3), pages 31-36, September.
    • Handle: RePEc:aii:ijcmss:v:6:y:2015:i:3:p:31-36
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    References listed on IDEAS

    as
    1. Richard Scase, 2000. "Entrepreneurship and Proprietorship in Transition: Policy Implications for the Small- and Medium-Size Enterprise Sector," WIDER Working Paper Series wp-2000-193, World Institute for Development Economic Research (UNU-WIDER).
    2. Ronald K. Mitchell & J. Brock Smith & Eric A. Morse & Kristie W. Seawright & Ana Maria Peredo & Brian McKenzie, 2002. "Are Entrepreneurial Cognitions Universal? Assessing Entrepreneurial Cognitions across Cultures," Entrepreneurship Theory and Practice, , vol. 26(4), pages 9-32, July.
    3. Gregg A. Lichtenstein & Thomas S. Lyons, 2001. "The Entrepreneurial Development System: Transforming Business Talent and Community Economies," Economic Development Quarterly, , vol. 15(1), pages 3-20, February.
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    Cited by:

    1. Adijat Olubukola OLATEJU & Rasaq Akonji DANMOLA & Abubakar Wambai AMINU, 2020. "Sustainable Entrepreneurship and Sustainable Development in Nigeria: Prospects and Challenges," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(11), pages 372-377, November.

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