Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth

Small and medium enterprises (SMEs) in Nigeria are suffering from a deplorable condition of entrepreneurial infrastructure (EI) which is evidenced in the myriad of challenges bedevilling their growth and development. This study therefore aims to investigate the impact of EI deficit on firm growth,...

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Main Authors: Baba Isah Usman, Zubairu Umaru Mustapha, Mohammed Dokochi, Jaafar Umar, Faiza Maitala
Format: Article
Language:English
Published: LPPM of Narotama University Surabaya 2019-09-01
Series:IJEBD (International Journal of Entrepreneurship and Business Development)
Subjects:
Online Access:https://jurnal.narotama.ac.id/index.php/ijebd/article/view/771
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author Baba Isah Usman
Zubairu Umaru Mustapha
Mohammed Dokochi
Jaafar Umar
Faiza Maitala
author_facet Baba Isah Usman
Zubairu Umaru Mustapha
Mohammed Dokochi
Jaafar Umar
Faiza Maitala
author_sort Baba Isah Usman
collection DOAJ
description Small and medium enterprises (SMEs) in Nigeria are suffering from a deplorable condition of entrepreneurial infrastructure (EI) which is evidenced in the myriad of challenges bedevilling their growth and development. This study therefore aims to investigate the impact of EI deficit on firm growth, focusing on the growth of SMEs in Nigeria. This was done through a critical review of extant literature (peer reviewed journal articles) on EI which were obtained from reputable data bases and broken down into two basic components of infrastructure (physical and non-physical infrastructure). Empirical findings revealed that the availability of physical infrastructure (constant water supply and good road infrastructure) and the non-physical infrastructure (electricity, government policies/programmes, access to financial support services, incubation centers/platforms, business clusters and entrepreneurship training) improves productivity, profitability, sales, number of customers and consistent growth rate of SMEs. Findings of this study would be of help to entrepreneurs, policy makers and the academic community as it will add to the existing literature on how availability of EI impacts the growth of SMEs. The study recommends that government should use fiscal policies to address the economic challenges of SMEs and also invest in the provision of EI facilities to facilitate the growth and development of SMEs in Nigeria.
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spelling doaj.art-b03f1ef449d64780a8ab7155b9d8b61d2022-12-22T03:53:21ZengLPPM of Narotama University SurabayaIJEBD (International Journal of Entrepreneurship and Business Development)2597-47502597-47852019-09-013110.29138/ijebd.v3i1.771771Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm GrowthBaba Isah Usman0Zubairu Umaru Mustapha1Mohammed Dokochi2Jaafar Umar3Faiza Maitala4Federal University of Technology, Minna, Nigeria.Federal University of Technology, Minna, NigeriaFederal University of Technology, Minna, NigeriaFederal University of Technology, Minna, NigeriaNile University of Nigeria. Small and medium enterprises (SMEs) in Nigeria are suffering from a deplorable condition of entrepreneurial infrastructure (EI) which is evidenced in the myriad of challenges bedevilling their growth and development. This study therefore aims to investigate the impact of EI deficit on firm growth, focusing on the growth of SMEs in Nigeria. This was done through a critical review of extant literature (peer reviewed journal articles) on EI which were obtained from reputable data bases and broken down into two basic components of infrastructure (physical and non-physical infrastructure). Empirical findings revealed that the availability of physical infrastructure (constant water supply and good road infrastructure) and the non-physical infrastructure (electricity, government policies/programmes, access to financial support services, incubation centers/platforms, business clusters and entrepreneurship training) improves productivity, profitability, sales, number of customers and consistent growth rate of SMEs. Findings of this study would be of help to entrepreneurs, policy makers and the academic community as it will add to the existing literature on how availability of EI impacts the growth of SMEs. The study recommends that government should use fiscal policies to address the economic challenges of SMEs and also invest in the provision of EI facilities to facilitate the growth and development of SMEs in Nigeria. https://jurnal.narotama.ac.id/index.php/ijebd/article/view/771Business clusters, critical success factor, deficit, Small and Medium Enterprises
spellingShingle Baba Isah Usman
Zubairu Umaru Mustapha
Mohammed Dokochi
Jaafar Umar
Faiza Maitala
Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth
IJEBD (International Journal of Entrepreneurship and Business Development)
Business clusters, critical success factor, deficit, Small and Medium Enterprises
title Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth
title_full Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth
title_fullStr Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth
title_full_unstemmed Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth
title_short Investigating the Impact of Entrepreneurial Infrastructure Deficit on Firm Growth
title_sort investigating the impact of entrepreneurial infrastructure deficit on firm growth
topic Business clusters, critical success factor, deficit, Small and Medium Enterprises
url https://jurnal.narotama.ac.id/index.php/ijebd/article/view/771
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AT mohammeddokochi investigatingtheimpactofentrepreneurialinfrastructuredeficitonfirmgrowth
AT jaafarumar investigatingtheimpactofentrepreneurialinfrastructuredeficitonfirmgrowth
AT faizamaitala investigatingtheimpactofentrepreneurialinfrastructuredeficitonfirmgrowth