Browsing by Author "Akanbi Kamoru Lanre"

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    Entrepreneurial Behaviour and the Performance of Small and Medium Scale Enterprise in Kwara State
    (Nigerian Journal of Rural Finance and Entrepreneurship (NJRFE), Ahmadu Bello University, Zaria, 2024-12-21) Adebayo Adeyemi Abdulwasiu; Akanbi Kamoru Lanre
    This study examined the effect of entrepreneurial behaviour on the survival of small and medium scale enterprise in Kwara State. This research measures the entrepreneurs’ mindset exhibited through innovativeness, creativity, business alertness and risk taking and how these attributes contributed to the performance of SMEs. The research focused on a population of 650 small and medium scale enterprises based in Ilorin metropolis. A self-administered questionnaire was used to collect data from a sample of 250 SMEs in Ilorin metropolis which were selected through stratified random sampling method. Collected data were analyzed using descriptive and inferential statistics with the aid of Statistical Package for Social Sciences (SPSS). Correlation and multiple regression analysis were utilized to analyse the data and test the hypotheses. The study revealed that innovativeness, creativity, business alertness and risk taking were significant in affecting performance of SMEs. The study concluded that poor entrepreneurial mindset has a major effect on SMEs performance and if any economy is bended towards development and growth, it would have to embrace this concept. It was recommended that all the policy makers and all stake holders should re-strategize and create fora that can promote entrepreneurial behaviour among the existing and potential entrepreneurs.