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Published in:

Volume 8 Issue 7
July-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2107017


Registration ID:
311580

Page Number

a104-a124

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Title

Corporate Entrepreneurship and Performance of Small and Medium Scale Enterprises in Federal Capital Territory, Abuja, Nigeria

Abstract

Abstract This study investigated the effect of corporate entrepreneurship on the performance of SMEs in Federal Capital Territory, Abuja-Nigeria. The specific objectives examined were business venturing, strategic renewal, innovativeness, pro-activeness and risk taking propensity on the performance of SMEs in Federal Capital Territory, Abuja-Nigeria. The study adopts a survey design and questionnaire was used as an instrument for data collection. The population of the study comprises of 2,236 licensed SMEs in Federal Capital Territory, Abuja-Nigeria and a sample of 339 was determined through Stratified sampling. Validity results of KMO, and Bartlett’s test indicate that variables are highly significant, and principal component analysis was suitable (0.734). The test-retest result of reliability reported a reliability index of (0.784). Data collected from the organizations’ surveyed were analyzed and presented using regressions analysis. Results of tested hypotheses indicated that business venturing (40.3%), strategic renewal (44.4%), innovativeness (42.0%), pro-activeness (41.8%), risk taking propensity (43.1%) all have positive and significant impact on the performance of SMEs in Federal Capital Territory, Abuja-Nigeria.. It is established that, corporate entrepreneurship have influence on the performance of SMEs in Federal Capital Territory, Abuja-Nigeria. The study recommends among others that it has become imperative for business organizations to exhibit corporate entrepreneurship and develop supportive organizational culture in order to survive, gain competitive advantage over competitors, and achieve superior performance.

Key Words

Keywords: corporate entrepreneurship, performance of SMEs, business venturing, strategic renewal, risk taking propensity.

Cite This Article

"Corporate Entrepreneurship and Performance of Small and Medium Scale Enterprises in Federal Capital Territory, Abuja, Nigeria", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.a104-a124, July-2021, Available :http://www.jetir.org/papers/JETIR2107017.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Corporate Entrepreneurship and Performance of Small and Medium Scale Enterprises in Federal Capital Territory, Abuja, Nigeria", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppa104-a124, July-2021, Available at : http://www.jetir.org/papers/JETIR2107017.pdf

Publication Details

Published Paper ID: JETIR2107017
Registration ID: 311580
Published In: Volume 8 | Issue 7 | Year July-2021
DOI (Digital Object Identifier):
Page No: a104-a124
Country: yaba, Lagos, Lagos, Nigeria .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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