ENTREPRENEURIAL ORIENTATION AND BUSINESS PERFORMANCE OF WOMEN-OWNED SMALL AND MEDIUM ENTERPRISES (SMES) IN THE FEDERAL CAPITAL TERRITORY (FCT), ABUJA
Abstract
ABSTRACT
Entrepreneurial orientation (EO) contributes to performance with an outlook on business growth as well as business development and improvement. It is predicted that the failure rate of small, medium and micro enterprises in Nigeria is between 70% and 80%. Millions of naira are being lost on new venture creations because of mistakes and problems that could have been avoided. The survival rate of SME‟s in Nigeria is relatively low indicating that less than half of newly established businesses survive beyond five years. There are a number of similar undesired events surrounding entrepreneurs. These events called for a study on entrepreneurial orientation with the aim to improve on the current situation. The Nigerian government NTA news 2024 indicates that small and medium-sized enterprises contribute positively to the Nigerian GDP and it is essential to help these businesses to grow and to develop. The primary objective of this study is to investigate entrepreneurial orientation on the Business Performance of Women-Owned Small and Medium Enterprises (Smes) in the Federal Capital Territory (FCT), Abuja metropolis, in order to ultimately promote entrepreneurial orientation in the entrepreneurial environment so that businesses can be successful and sustainable. The field of study is entrepreneurship with reference to the impact of entrepreneurial orientation on business performance, managing and creating women owned ventures. The private sector with specifically regard to woman owned ventures in Bauchi metropolis is under investigation. The study was carried out on selected business in FCT, Abuja metropolis owned by the members of Gariki Woman Multipurpose Co-operative Society (GWMCS). Only businesses older than one year was considered during the research process due to the fact that most businesses that have not yet reached the first year is still under establishment.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.