Tag Archives: Entrepreneurial Capability

Entrepreneurial Capability and Entrepreneurial Success (Published)

The purpose of this study is to examine the effect of entrepreneurial capability on entrepreneurial success. Nine thousand, four hundred and fifty (9,450) small and medium enterprises (SMEs) who are registered members of National Association of Small and Medium Enterprises (NASME), National Association of Small Scale Industrialists (NASSI) and Association of Small Business Owners in Nigeria (ASBON) in Lagos State is the sample population for the study. Proportionate stratified random sampling technique is used to select sample size of 381 determined using the formula developed by the National Education Association (1960) for sample size determination. Research instrument is questionnaire. Primary data on the dependent variable (Entrepreneurial success) and independent variable (Entrepreneurial capability) are collected using questionnaire this research instrument. Entrepreneurial capability measures are entrepreneurial orientation and entrepreneurial self efficacy while measures for entrepreneurial success are profitability, market share, net asset growth, sales growth and government policies reflecting both financial and non financial measures. Fifty selected SMEs are used in a pilot study to pretest the research instrument. Analysis of data from the pilot study gives Cronbach’s Alpha values of 0.664, 0.795 and 0.85 for entrepreneurial orientation, entrepreneurial self efficacy and entrepreneurial success respectively. The result of the regression analysis indicated that entrepreneurial capability has a strong positive relationship with entrepreneurial success (R = .475). The coefficient of determination R2 is .226, suggests that 22.6% of the variation (or changes) in entrepreneurial success of selected SMEs in Lagos State is explained by entrepreneurial capability. The value of F (1, 208) = 60.605, p <.05, demonstrates that entrepreneurial capability statistically and significantly predicts entrepreneurial success. This is a clear indication that entrepreneurial capability significantly influences entrepreneurial success in Lagos State. The coefficient of entrepreneurial capability is statistically significant (t = 7.785, p <.05). The regression model explaining the results is given by: ENT_SU = -5.065 + 0.624ENT_CAP. Based on the findings, the null hypothesis (H04) which states that entrepreneurial capability has no significant effect on entrepreneurial success is rejected.

Keywords: Entrepreneurial Capability, Entrepreneurial success, entrepreneurial self-efficacy

ASSESSING THE IMPACT OF STRATEGIC ENTREPRENEURSHIP SKILLS TRAINING WORKSHOPS ON SMALL-HOLDER FARMERS’ ENTREPRENEURIAL COMPETENCE AND CAPABILITIES: CASE STUDIES OF DOTITO IRRIGATION SCHEME IN MASHONALAND CENTRAL PROVINCE AND MITCHELL AND MITCHELL IN MASHONALAND EAST PROVINCE, ZIMBABWE (Published)

The study was aimed at assessing the entrepreneurial competence and capabilities of the local farmers after the government had introduced strategic entrepreneurship workshops to some parts of the rural areas such as Dotito Irrigation Scheme and Mitchell and Mitchell. Strategic entrepreneurship workshops were aimed at equipping farmers with skills that promote the sustenance of their agricultural businesses as well as increasing productivity. The study employed the mixed methodology to increase validity and credibility of the findings. The hypothesis of the study was that strategic entrepreneurship workshops would improve the entrepreneurial capability and competence of the rural farmers. The study found that strategic entrepreneurship workshops enabled the majority of the rural farmers to satisfy their customers, train their children in the farming business adapt to the environmental changes and to be able to successfully market their produce. Farmers in these areas had poor marketing and strategic skills which could enable them to increase productivity and earn more profits. This was because they did not have the basic strategic skills, since most of them were not highly educated. The research recommended that the Government of Zimbabwe should introduce strategic entrepreneurship training workshops as a policy to all farmers in the country.

Keywords: Agricultural Business, Entrepreneurial Capability, Entrepreneurial Competence, Productivity, Strategic Entrepreneurship