ENTREPRENEURIAL MANAGEMENT AND THE PERFORMANCE OF WOMEN-OWNED SMES IN KOGI STATE

ABSTRACT This study examines the impact of entrepreneurial management on the performance of women-owned small and medium-sized enterprises (SMEs) in Kogi State, Nigeria. The research employed a survey design, with a population of 462 women-owned SMEs in Kogi State. A sample of 368 businesses was selected using the Krejcie and Morgan (1970) sampling technique. Regression analysis was conducted using the Statistical Package for Social Sciences (SPSS) version 20.0. The findings reveal that entrepreneurial culture, growth orientation, and management structure all have a positive and significant effect on the business performance of women-owned SMEs in Kogi State. The study concludes that entrepreneurial management is a robust predictor of women-owned SMEs' business performance in the region. The study recommends several policy interventions to support women entrepreneurs in Kogi State. First, the government should increase awareness and promote entrepreneurial culture among women. Second, policymakers should provide the necessary legal framework to encourage growth orientation and facilitate effective synergies for women entrepreneurs to thrive. Finally, the government should implement policies that mandate the inclusion of women in the management structures of firms, thereby enhancing women's representation and participation in the leadership of SMEs.

1 29 Jun, 2024

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