Business Milieus and Core Self-Evaluation in Entrepreneurial Resilience: A Study of Small-Scale Entrepreneurs at the University of Uyo, Nigeria

The ability of small-scale businesses in Nigeria to bounce back from adversity is a crucial factor in their long-term viability and success. This study investigated the predictive roles of business milieus and core self-evaluation (CSE) in entrepreneurial resilience among small-scale entrepreneurs at the University of Uyo, Nigeria. Employing an ex post facto research design, data were collected from 226 entrepreneurs operating within the University campuses. Data were collected using the Core Self-Evaluation Scale (CSES) and the Entrepreneurial Resilience Scale (ERS). Data were analysed with simple percentage, Pearson product-moment correlation, and multiple regression. The findings revealed that two of the business milieus investigated in the study (business type and the number of employees) significantly predicted entrepreneurial resilience, while business registration status and age did not predict entrepreneurial resilience. Additionally, regression analysis revealed the significance of three dimensions of CSE in entrepreneurial resilience, with self-esteem, locus of control, and self-efficacy emerging as significant predictors. Recommendations included incorporating modules on building self-esteem, locus of control, and self-efficacy in entrepreneurship training programmes and tailoring business support services and policies to enhance resilience among small-scale entrepreneurs. The study contributes to understanding the key factors that impact the ability of small-scale entrepreneurs to overcome obstacles, offering practical guidance for developing targeted interventions that can help them thrive and achieve their business goals.