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Factors constraining the growth and survival of SMEs in Nigeria Implications for poverty alleviation

机译:制约尼日利亚中小企业增长和生存的因素对减轻贫困的影响

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Purpose - The purpose of this paper is to investigate the factors that hinder the growth and survival of small businesses in Nigeria. Design/methodology/approach - A survey method was used to gather data from 211 small business owners and managers located in selected cities in Nigeria. Several statistical analyses were conducted to identify the factors constraining the growth and survival of SMEs in Nigeria. Findings - The results of the study reveal that the most common constraints hindering small business growth and survival in Nigeria are lack of financial support, poor management, corruption, lack of training and experience, poor infrastructure, insufficient profits, and low demand for product and services. Research limitations/implications - The instruments used for this study need to be subjected to more statistical tests in order to establish a more robust validity and reliability. Based on what we have learned, the instruments could be further refined to more closely capture each of the problem areas identified in the literature. Replication of this study using larger samples and a broader geographic base is suggested for cross-validation purposes. Practical implications - Understanding the factors hindering the growth and survival of SMEs in Nigeria will help policy makers - governments (federal, state, and local), NGOs, and other stakeholders - to design targeted policies and programs that will actively stimulate innovation, as well as helping those policy makers to support, encourage, and promote SMEs for poverty alleviation in Nigeria. For SMEs, this study offers alternative models to counteract the problem of collateral and lending issues. Strategic alternatives on how to address issues such as poor management, poor infrastructure, and corruption are discussed. Originality/value - The significance of this study stems from the fact that very few studies have explored the issue of factors constraining the growth and survival of SMEs for poverty alleviation in Nigeria. The results provide additional insights into operations of SMEs in Nigeria, a sub-Saharan African country. Sub-Saharan Africa has been negated and, therefore, has been less researched. Also, the insights gained from this study to contribute the future development of this line of research, particularly in a non-Western context.
机译:目的-本文的目的是调查阻碍尼日利亚小企业成长和生存的因素。设计/方法/方法-使用一种调查方法来收集来自尼日利亚部分城市中的211家小企业主和管理者的数据。进行了几项统计分析,以找出制约尼日利亚中小企业增长和生存的因素。调查结果-研究结果表明,阻碍尼日利亚小企业成长和生存的最常见制约因素是缺乏资金支持,管理不善,腐败,缺乏培训和经验,基础设施差,利润不足以及对产品和产品的需求低服务。研究的局限性/含义-用于本研究的仪器需要进行更多的统计检验,以建立更可靠的有效性和可靠性。根据我们所学的知识,可以进一步完善这些工具,以更紧密地捕获文献中确定的每个问题领域。为了交叉验证的目的,建议使用更大的样本和更广泛的地理基础来复制本研究。实际意义-了解阻碍尼日利亚中小企业成长和生存的因素,将有助于决策者-政府(联邦,州和地方),非政府组织和其他利益相关者-设计有针对性的政策和计划,这些政策和计划也将积极刺激创新作为帮助这些政策制定者支持,鼓励和促进中小型企业在尼日利亚的减贫工作。对于中小型企业,本研究提供了替代模型来解决抵押和贷款问题。讨论了如何解决诸如管理不善,基础设施不佳和腐败等问题的战略选择。原创性/价值-这项研究的意义源于以下事实:很少有研究探讨了制约尼日利亚中小企业脱贫的增长和生存的因素问题。结果为在撒哈拉以南非洲国家尼日利亚的中小企业运营提供了更多见解。撒哈拉以南非洲被否定了,因此,对其的研究较少。而且,从这项研究中获得的见识有助于该研究系列的未来发展,特别是在非西方背景下。

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