Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)


Empirical Assessment of Entrepreneurial Behaviour and Performance of Micro, Small and Medium (MSME) Operators in Nigeria

Author(s): Daniel Osemudiamen Inegbedion, Olalekan Asikhia and Obi James

Entrepreneurial Behaviours (EB) focused on entrepreneurial activities that require identifying the behaviour of entrepreneurs towards leveraging on the resources and capabilities of the organization in developing innovative products, creating new market offering and undertaking proactive and risky venture. Evidence from past literatures suggested that most of the empirical studies focused on a collection and multidimensional of EB and its impact on performance of enterprises, however, there are few opinions on the effect of entrepreneurial behaviour and enterprise performance. Therefore, the objective of this research was to empirically evaluate the effect of EB on MSME performance in Nigeria. To investigate this effect of data was collected from Nigeria 160 MSM Enterprises in Lagos state commercial city, domicile in Nigeria. Questionnaire was prepared by the researchers based on the measurement instrument. The nature of this study is survey and multiple regression analysis was used to analysed the data and test the assumed hypotheses. The results indicates that Entrepreneurial behavioural constructs such as entrepreneurial innovative behaviour, entrepreneurial proactive behaviour, entrepreneurial risk-taking, and cognitive behaviour have a positive and significant effect on performance of MSMEs operators. It was concluded that if this attributes of behaviour is seen in an entrepreneurs in their operations it would enhanced employee satisfaction drive for innovation.

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