ABSTRACT
Over the years, there has been rapid and steady decline in
strategic and creative thinking, decline in proper decision making by
entrepreneurs and the absence of the capacity of small business owners to both
exploit opportunities innovatively and create competitive advantage for
business sustainability. Hence, the broad objective of this study focused on
effect of strategic entrepreneurship management on development of sustainable
agro-allied small businesses in South – South, Nigeria, from 2000 to 2017,
being the period under review. To achieve this, the study adopted a population
of 11,673 and derived a returned usable sample of 487, being SMEs registered with
the Akwa Ibom, Delta and Rivers State governments and operating within the
Agricultural value chain. The cross-sectional survey was employed; the content,
construct, convergence and discriminant validity were employed to validate the
research instrument, while a Cronbach’s alpha value of .84 showed reliability
and internal consistency of the questionnaire. The study employed the Ordinary
Least Square regression statistical tools to test the hypotheses. The findings
revealed that, risk propensity, innovation and creativity, resource
mobilisation capacity, knowledge management, strategic alliances and marketing
strategy as indicators of strategic entrepreneurship management have
significant effect on development of sustainable agro-allied small businesses in
Nigeria. The study concluded that, the application of strategic
entrepreneurship management practices and techniques will sustainably develop
agro-allied small businesses in South-South Nigeria. It was therefore
recommended that, small agro-allied businesses desirous of sustainable
development should ensure effective business networking within the industry to
enhance productivity, where they lack technological capacity; also for
profitable product distribution and access to wider markets; and since the focus
of the government is on agriculture as a viable means of diversifying the mono
economic nature of Nigeria, concerted effort should be channelled towards
incentivising participation to stimulate innovative and creative ideas to
transform the agricultural sector into the theatre of technological innovations
for sustainable development of small businesses.
ELIKWU, E (2022). Effect of strategic entrepreneurship management on sustainable development of agro-allied Small businesses in Nigeria. Mouau.afribary.org: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-strategic-entrepreneurship-management-on-sustainable-development-of-agro-allied-small-businesses-in-nigeria-7-2
ELIKWU, ELIKWU. "Effect of strategic entrepreneurship management on sustainable development of agro-allied Small businesses in Nigeria" Mouau.afribary.org. Mouau.afribary.org, 12 Oct. 2022, https://repository.mouau.edu.ng/work/view/effect-of-strategic-entrepreneurship-management-on-sustainable-development-of-agro-allied-small-businesses-in-nigeria-7-2. Accessed 23 Dec. 2024.
ELIKWU, ELIKWU. "Effect of strategic entrepreneurship management on sustainable development of agro-allied Small businesses in Nigeria". Mouau.afribary.org, Mouau.afribary.org, 12 Oct. 2022. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-strategic-entrepreneurship-management-on-sustainable-development-of-agro-allied-small-businesses-in-nigeria-7-2 >.
ELIKWU, ELIKWU. "Effect of strategic entrepreneurship management on sustainable development of agro-allied Small businesses in Nigeria" Mouau.afribary.org (2022). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/effect-of-strategic-entrepreneurship-management-on-sustainable-development-of-agro-allied-small-businesses-in-nigeria-7-2