Agencies for Entrepreneurship Development and SMEs’ Promotion in Nigeria

Charles Tope Jegede, Oluwasefunmi Eunice Irewole

Resumen


Many Researchers have written on the SMEs and Entrepreneurship in the
past but failed to distinguish clearly the difference between the two concepts, thereby leaving a gap in literature. This study attempts to bridge his gap. The study identified the difference between entrepreneurship and Small/Medium Enterprises (SMEs), clarified the erroneous practice of using both words interchangeably by Researchers/Practitioners, categorized the supporting agencies and climaxes their contributions and limitations with suggestions for future considerations. In examining their contributions, a sample population of 1200 stakeholders was purposely selected in the state of Osun, Nigeria. Overall findings revealed that Agencies’ impacts have been minimal due to the high rate of corruption, bureaucracy and inability to separate entrepreneurial SMEs from non-entrepreneurial SMEs, These Agencies fall within the intermediate environment of businesses, categorized as participatory, facilitating & regulatory and are public sectors dominated with low entrepreneurship orientation. The study averred that Agencies/government officials should be more entrepreneurial by promoting auxiliary marketing systems for SMEs.
It is suggested that having business-minded and entrepreneurial politicians/
leaders would promote SMEs and entrepreneurship in Nigeria.

Palabras clave


Agencies; Corruption; Entrepreneurial SMEs; Non-Entrepreneurial SMEs; Innovation; Invention; Proactiveness; Risk-Taking; Sustainability

Texto completo:

PDF

Referencias


Afrin, S, Islam, N., & Ahmed, S. U. (2008). A multivariate Model of Micro

Credit and Rural Women Entrepreneurship Development in Bangladesh;

International Journal of Business and Management, 3(8), P169

Arthur, S. J., & Hisrich, R. D. (2011). Entrepreneurship Through the Ages:

Lessons Learned. Journal of Enterprising Culture, 19, 1-40.

Barringer, M. W., & Milkovich, G. T. (1998). A Theoretical Exploration of

the Adoption and Design of Flexible Benefit Plans: A Case of Human

Resource Innovation. Academy of Management Review, 305-324.

Bellis, M. (2014). The History of Coca-Cola. Retrieved from http://www.

investors.about.com and http://www.worldofcoca-cola.com on 20th September,

Besser, T. L., & Miller, N. (2011). The Structural, Social, and Strategic Factors

Associated with Successful Business Networks. Entrepreneurship &

Regional Development, 23, 113-133.

Bhattacherjee, A. (2012). Social Science Research: Principles, methods, and practices

(2nd Edition.): USF Tampa Bay Open Access Textbooks Collection.

Book 3.

Callaghan, C., & Venter, R. (2011). An Investigation of the Entrepreneurial

Orientation, Context and Entrepreneurial Performance of Inner-City Johannesburg

Street Traders. Southern African Business Review 15(1), 28-49.

Chiaroni, D., Chiesa, V., & Frattini, F. (2011}. The Open Innovation Journey:

How firms dynamically implement the emerging innovation management

paradigm. Technovation, 31(1), 34-43.

Chesbrough, H. (2003). The logic of open innovation: managing intellectual

property. California Management Review, 45(3), 33-58.

Coviello, N. E., & Jones, M. V. 2004. Methodological Issues in International

Entrepreneurship Research. Journal of Business Venturing, 19(4), 485-508.

Cronbach, L. 1951. Coefficient Alpha and The Internal Structure of Tests.

Psychometrika, 16(3), 297-334.

De Massis, A., Frattini, F., Pizzurno, E., & Cassia, L. 2015. Product innovation

in family versus nonfamily firms: An exploratory analysis. Journal of

Small Business Management, 53(1), 1-36.

De Massis, A., Chua, J. H., & Chrisman, J. J. (2008). Factors preventing

intra‐family succession. Family Business Review, 21(2), 183-199.

Donaldson, L. (2001). The Contingency Theory of Organizations: Sage Publications,

Incorporated.

Ebitu Ezekiel Tom, Basil Glory and Ufot Juliet Alfred (2016) ”An Appraisal

of Nigeria’s Micro, Small and Medium Enterprises (MSMEs): Growth,

Challenges and Prospects” International Journal of Small Business and

Entrepreneurship Research Vol.4, No.4, pp.1-15, July 2016. Published by

European Centre for Research Training and Development UK. (www.

eajournals.org) 1 ISSN: 2052-6377(Print), ISSN: 2052-6385 (Online,

accessed 2019)

Gray, C. (2002). Entrepreneurship, resistance to change and growth in small

firms. Journal of Small Business and Enterprise Development, 9(1), 61-72.

Hill, C. W., Jones, G. R., & Schilling, M. A. (2014). Strategic management:

theory: an integrated approach. Cengage Learning, 1-39.

Jamodu, Kola (2010) Operational Audit and and Annual Survey on Manufacturing

Industries in Nigeria, Lagos: M.A.N.

Jegede, C.T. (2012a) Investigation of Government’s Support for Small and

Medium Enterprises in Nigeria (1960-2012). In M. Olateju (Ed.), Hand

book on General Studies for Higher Institutions in Nigeria (pp. 297-320)

Ondo: Wesley University of Science & Technology.

Jegede, C.T. (2012b) Corporate Entrepreneurship and Organisation Performance

in Manaufacturing Industries in Nigeria. An Unpublished PhD

Thesis submitted to the Department of Management & Accounting, Ife.

Kelley, D. J., Singer, S., & Herrington, M. (2011). The Global Entrepreneurship

Monitor: 2011 World Report (pp. 1-39).

Lewis, S. (2002. ‘Family Friendly’ Employment Policies: A Route to Changing

Organizational Culture or Playing About at the Margins? Gender,

Work and Organization, 4(1), 13-23.

Lewis, S., & Taylor, K. (1996). Evaluating the Impact of Family-Friendly

Employer Policies: A Case Study. The Work–Family Challenge: Rethinking

Employment. London: Sage, 112-127.

Markham, J. W. (2015). A financial history of modern US corporate scandals:

From Enron to reform. Routledge.

Masoje Oghenerobaro Mamuzo Akpor-Robaro (2012) “The Impact of Socio-

Cultural Environment on Entrepreneurial Emergence: An Empirical

Analysis of Nigeria Society” Management Science and Engineering vol 6 no 4,

-92. Retrieved from http://ezproxy.loyno.edu/login?url=http://search.

proquest.com/docview/1265615647?acco untid=12168 and www.cscanada.

net/index.php/mse/article/view/j.mse.1913035X20120604.3620/4

(Accessed 2019)

Mathews, J. A. (2006). Strategizing, disequilibrium, and profit. Stanford: University

Press.

Muhtar, Mansur (2009) “Global Recession: Federal Government adopts to

ameliorate suffering. A ministerial address delivered at the 10th National

council of finance and economic development conference at Makurdi.

Ogbechi, Bola Dixon; Mallo, I. I. Y; Ogundele, O.J.K et al. (2012): Entrepreneurial

Studies. Lagos: Foresight Press Distance Learning Institute,

University Of Lagos.

Pendergrast, M. (2013). For god, country, and coca-cola. Basic Books.

Santos, J. R. A. (1999). Cronbach’s Alpha: A Tool for Assessing the Reliability

of Scales. Journal of Extension, 37 ( 2 ).

Sanusi, J (2003) Overview of development programmes for small and medium

Enterprises in Nigeria. Being a paper delivered at the seminar on

SMIEIS. Lagos: CBN training Centre.

Schumpeter, J. A. (1952). Can Capitalism Survive? New York: Harper and

Row.

Shane, S. A. (2003). A General Theory of Entrepreneurship: The Individual-

Opportunity Nexus: Edward Elgar Pub.

Singh, S., Simpson, R., Mordi, C., & Okafor, C. (2011). Motivation to Become

an Entrepreneur: A Study of Nigerian Women’s Decisions. African

Journal of Economic and Management Studies, 2(2), 202 - 219.

Stevenson, H. H., & Jarillo, J. C. (1990). A Paradigm of Entrepreneurship:

Entrepreneurial Management. Strategic Management Journal, 11(5), 17-

Tijani, A. A., Oyeniyi, G. O., & Ogunyomi, O. O. (2012). The Impact of Technical

Entrepreneurial Skills on Employment Generation in Small and

Medium Scale Enterprises in Lagos State, Nigeria: A Comparative Analysis.

European Journal of Humanities and Social Sciences, 13(1).

Timmons, J. A., & Bygrave, W. D. (1986). Venture Capital’s Role in Financing

Innovation for Economic Growth. Journal of Business Venturing,

(2), 161-176.

Urban, B. (2009). Opportunity Recognition: Delineating the Process and

Motivators for Serial Entrepreneurs. South African Journal of Economic

and Management Sciences 12(4), 513-532.




Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

Universidad Michoacana de San Nicolás de Hidalgo, Instituto de Investigaciones Económicas y Empresariales. Av. Francisco J. Mujica, Ciudad Universitaria, Morelia, Michoacán, México, C.P. 58030. Todos los derechos reservados 2013. Esta revista puede ser reproducida con fines no lucrativos, siempre y cuando se cite la fuente completa y su dirección electrónica. De otra forma requiere permiso previo por escrito de la institución y autor.