ENTREPRENEURIAL COMPETENCES AND THE PERFORMANCE OF SMES IN ABUJA, NIGERIA

This study examines how entrepreneurial competences can determine the performance of small and medium enterprises (SMEs) in Abuja, Nigeria. The specific issues faced by SMEs are high competition, limited access to finance, and unstable markets, and can possibly determine the impact that the entrepreneurial competences exert on their performance. The survey research design was used and the same data were gathered on 400 owners and managers of SMEs in six area councils sampled in a proportional parttern using the random sampling technique.The data were analysed using multiple regression in SPSS. The results indicate that both opportunity competence (? = 0.174, p < 0.01) and conceptual competence (? = 0.459, p < 0.01) significantly and positively affect SME performance. The findings highlight the importance of entrepreneurial abilities in recognizing and exploiting market opportunities as well as applying creativity, innovation, and strategic thinking to sustain growth. The study recommends that government and SME development agencies should implement targeted training programs on opportunity recognition and problem-solving, while entrepreneurs should pursue continuous learning and networking to strengthen their competence base.

0 19 Dec, 2025

pg: 10

JBMIC PORTAL SYSTEM

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