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Determinants of Small and Medium Enterprises Performance in Nigeria: The Role of Government Support Policy

Received: 20 January 2019     Accepted: 20 March 2019     Published: 29 April 2019
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Abstract

Small and medium enterprises (SMEs) play a significant social and economic role in both developed and developing nations. Despite the relevance and important of SMEs, the literature indicates there are very few studies that attempted to investigate the factors that influence the performance of SMEs in Nigeria, particularly the relationship between entrepreneurial orientation (EO), contemporary marketing (CM) and government support policyand the performance of small and medium enterprises (SMEs). The study used structured questionnaires; data was collected from 240 SMEs in northeast Nigeria. The findings of the study indicate a significant positive relationship between EO and CM on the Performance of SMEs. In addition, the results of the study validate that government support policy moderates the relationship between EO and CM on the performance of SMEs in Nigeria. The study implications for policy makers, government, regulators and SMEs owner-managers is to look at government support policy as it affects SMEs performance by providing conducive environment for business operation.

Published in International Journal of Business and Economics Research (Volume 8, Issue 2)
DOI 10.11648/j.ijber.20190802.11
Page(s) 41-49
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Entrepreneurial Orientation, Contemporary Marketing, Government Support, Performance, Nigeria

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  • APA Style

    Maryam Imam Ibrahim, Bintu Mustapha. (2019). Determinants of Small and Medium Enterprises Performance in Nigeria: The Role of Government Support Policy. International Journal of Business and Economics Research, 8(2), 41-49. https://doi.org/10.11648/j.ijber.20190802.11

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    ACS Style

    Maryam Imam Ibrahim; Bintu Mustapha. Determinants of Small and Medium Enterprises Performance in Nigeria: The Role of Government Support Policy. Int. J. Bus. Econ. Res. 2019, 8(2), 41-49. doi: 10.11648/j.ijber.20190802.11

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    AMA Style

    Maryam Imam Ibrahim, Bintu Mustapha. Determinants of Small and Medium Enterprises Performance in Nigeria: The Role of Government Support Policy. Int J Bus Econ Res. 2019;8(2):41-49. doi: 10.11648/j.ijber.20190802.11

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  • @article{10.11648/j.ijber.20190802.11,
      author = {Maryam Imam Ibrahim and Bintu Mustapha},
      title = {Determinants of Small and Medium Enterprises Performance in Nigeria: The Role of Government Support Policy},
      journal = {International Journal of Business and Economics Research},
      volume = {8},
      number = {2},
      pages = {41-49},
      doi = {10.11648/j.ijber.20190802.11},
      url = {https://doi.org/10.11648/j.ijber.20190802.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20190802.11},
      abstract = {Small and medium enterprises (SMEs) play a significant social and economic role in both developed and developing nations. Despite the relevance and important of SMEs, the literature indicates there are very few studies that attempted to investigate the factors that influence the performance of SMEs in Nigeria, particularly the relationship between entrepreneurial orientation (EO), contemporary marketing (CM) and government support policyand the performance of small and medium enterprises (SMEs). The study used structured questionnaires; data was collected from 240 SMEs in northeast Nigeria. The findings of the study indicate a significant positive relationship between EO and CM on the Performance of SMEs. In addition, the results of the study validate that government support policy moderates the relationship between EO and CM on the performance of SMEs in Nigeria. The study implications for policy makers, government, regulators and SMEs owner-managers is to look at government support policy as it affects SMEs performance by providing conducive environment for business operation.},
     year = {2019}
    }
    

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  • TY  - JOUR
    T1  - Determinants of Small and Medium Enterprises Performance in Nigeria: The Role of Government Support Policy
    AU  - Maryam Imam Ibrahim
    AU  - Bintu Mustapha
    Y1  - 2019/04/29
    PY  - 2019
    N1  - https://doi.org/10.11648/j.ijber.20190802.11
    DO  - 10.11648/j.ijber.20190802.11
    T2  - International Journal of Business and Economics Research
    JF  - International Journal of Business and Economics Research
    JO  - International Journal of Business and Economics Research
    SP  - 41
    EP  - 49
    PB  - Science Publishing Group
    SN  - 2328-756X
    UR  - https://doi.org/10.11648/j.ijber.20190802.11
    AB  - Small and medium enterprises (SMEs) play a significant social and economic role in both developed and developing nations. Despite the relevance and important of SMEs, the literature indicates there are very few studies that attempted to investigate the factors that influence the performance of SMEs in Nigeria, particularly the relationship between entrepreneurial orientation (EO), contemporary marketing (CM) and government support policyand the performance of small and medium enterprises (SMEs). The study used structured questionnaires; data was collected from 240 SMEs in northeast Nigeria. The findings of the study indicate a significant positive relationship between EO and CM on the Performance of SMEs. In addition, the results of the study validate that government support policy moderates the relationship between EO and CM on the performance of SMEs in Nigeria. The study implications for policy makers, government, regulators and SMEs owner-managers is to look at government support policy as it affects SMEs performance by providing conducive environment for business operation.
    VL  - 8
    IS  - 2
    ER  - 

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Author Information
  • Department of Business Administration, Ramat Polytechnic Maiduguri, Maiduguri, Nigeria

  • Department of Marketing, University of Maiduguri, Maiduguri, Nigeria

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