Effect of Enterpreneurial Competencies on the Performance of Small and Medium Scale Enterprises in Katsina State

Abstract

The study examines the effect of entrepreneurial competencies on the performance of small and medium scale enterprises in Katsina state. Survey research design was employed in the study. This type of research design is adopted because the information about the independent variables and dependent variable represents what is going on at only one point in time Primary data was collected through a self-administered questionnaire issued to the respondents using stratified and simple random sampling technique. The data was collected from the sample size of 56 enterprises that cut across different small and medium enterprises. Ordinal logistic regression analysis was used to test and answer the questions set for the study. The findings revealed that entrepreneurial skills and entrepreneurial characteristics have a positive effect on the performance of SMEs in the state. It was also found that entrepreneurial motives have a positive effect on the performance of SMEs. The study recommended a need for combined efforts between governments at all levels and NGOs towards not only funding but also initiating management training and development programmes for the entrepreneurs in order to enable them acquire necessary skills, enhance and appreciate their inborn personalities and abilities. The government shall also put in place entrepreneurship policy to nurture business startups through mentorship, motivation and attitude change as they walk through entrepreneurship journey.