EDUCATIONAL QUALIFICATIONS OF ENTREPRENEURS AND PERFORMANCE IN SMALL AND MEDIUM SCALE ENTERPRISES IN LAGOS STATE NIGERIA.

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EDUCATIONAL QUALIFICATIONS OF ENTREPRENEURS AND PERFORMANCE IN SMALL AND MEDIUM SCALE ENTERPRISES IN LAGOS STATE NIGERIA.

ABSTRACT

The study examined the effect of educational qualifications on entrepreneurs and performance of small and medium scale enterprises in Mainland Local Government Area of Lagos State, Nigeria. In this study, relevant and extensive literatures were reviewed under sub-headings. The descriptive research survey was used in the assessment of the opinions of the selected respondents with the adoption of the questionnaire and the sampling technique. A total of 100 (One Hundred) respondents were selected and used as samples for this study, the respondents were made up of (50 males and 50 females). A total of four null hypotheses were generated and used in this study using both the percentage frequency counts and the t-test statistical tools at 0.05 level of significance. At the end of the data analyses, the following results were generated: hypothesis one found that there is a significant effect of educational qualifications and performance of entrepreneurs in small and medium enterprises in Lagos State Nigeria, hypothesis two showed that there is a significant gender difference in the management of small and medium scale enterprises due to educational qualifications of the entrepreneurs in Lagos State while hypothesis three indicated that the effective management of small and medium scale enterprises  significantly depend on the educational qualifications of the entrepreneurs in Lagos State, Nigeria and finally, hypothesis four revealed that there is a significant gender difference in the successful management of small and medium scale enterprises in Lagos State, Nigeria.

 

 

TABLE OF CONTENTS

TITLE                                                                                                 PAGES

Certification                                                                                                ii

Dedication                                                                                                  iii

Acknowledgement                                                                                      iv

Abstract                                                                                                      v

Table of contents                                                                                         vi

 

CHAPTER ONE:  INTRODUCTION

1.1     Background of the Study                                                                   1

1.2     Statement of the Problem                                                                   9

1.3     Purpose of the Study                                                                          10

1.4     Research Questions                                                                           10

1.5     Research Hypotheses                                                                         11

1.6     Scope and Delimitation of the Study                                                   11

1.7     Significance of the Study                                                                    12

1.8     Definition of Terms                                                                            13

 

CHAPTER TWO: LITERATURE REVIEW

2.0     Introduction                                                                                       15

2.1             Concept of Education                                                                        19

2.2             Concept of Entrepreneurship

2.3             Conceptual Framework of Entrepreneur and Entrepreneurship            22

2.4             Entrepreneurship: Concepts, Theory and Perspectives                         24

2.5             Concept of Performance                                                                     35

2.6             Relationships Among The Various Perspective of Performance           43

2.7             Historical Growth of Small and Medium Scale Enterprise- Nigeria/     47

Global Scene.

2.8             Problems Militating Against the Development of Small and                 53

Medium Scale Enterprises in Nigeria.

2.9             Benefits of Small and Medium Scale Enterprises in Nigeria.                55

2.10        Factors Affecting the Growth of Small Firms in Nigeria.                     56

2.11        Small and Medium Scale Enterprises (SMEs) as a Panacea                  63

for Poverty Alleviation in Nigeria.

2.12        Summary                                                                                          65

 

CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY

3.0     Introduction                                                                                       67

3.1     Research Design                                                                                67

3.2     Population of the Study                                                                      67

3.3     Sample and Sampling Technique                                                        68

3.4     Instrumentation                                                                                  68

3.5     Validity of the Instruments                                                                 69

3.6     Reliability of the Instrument                                                               69

3.7     Administration of Instruments                                                            69

3.8     Procedure for Data Analysis Method                                                  70

 

CHAPTER FOUR: DATA ANALYSIS AND INTERPRETATION OF RESULTS

4.0     Introduction                                                                                       71

4.1     Descriptive Analysis of Bio-Data.                                                      71

4.2     Descriptive Analysis of Research Questions.                                      73

4.3     Testing of Hypotheses                                                                       79

4.4     Summary of Findings.                                                                       83

 

CHAPTER FIVE: SUMMARY, CONCLUSIONS AND RECOMMENDATIONS

5.1 Introduction                                                                                           85

5.2 Summary of the Study                                                                            85

5.3 Conclusions                                                                                           86

5.4 Recommendations                                                                                 87

References                                                                                              89

Appendix                                                                                               93


 

CHAPTER ONE

 INTRODUCTION

1.1 Background of the Study

In the present day economies of the world, small and medium scale enterprises have come to be recognized as veritable engines of growth, employment, poverty reduction and innovative development. Government of various nations and indeed, world economic development and financial institutions such as the Brethonwood Institution, International Monetary Fund, the World Bank, and the United Nations have all in recognition of the potentials of SMEs, embarked on deliberate developmental policies aimed at creating a productive base for world economies (Englama, 1997).

EDUCATIONAL QUALIFICATIONS OF ENTREPRENEURS AND PERFORMANCE IN SMALL AND MEDIUM SCALE ENTERPRISES IN LAGOS STATE NIGERIA.