Global Advanced Research Journal of Management and Business Studies (ISSN: 2315-5086) December 2016 Vol. 5(1), pp 570-575

Copyright © 2014 Global Advanced Research Journals   

 

Original Research Articles

Implications of Small And Medium Enterprises on South East Development in Nigeria

Ass. Prof. S. C, Nwite

Department of Banking and Finance, Ebonyi State Univesrity, PMB, 053 Abakaliki.

Accepted 04 December 2014


Abstract 

There has been a growing concern on the relationship between the output of small and medium enterprises and Igbo development in Nigeria, despite the fact that the South East government had embarked on several policies aimed at improving the growth of Nigerian economy through the contribution of small and medium enterprises output. The aim of this study is to empirically examine the relationship between small and medium enterprises output and Igbo development in South Eastern part of Nigeria. Empirical evidence from the developed and developing economies has shown that small and medium enterprises have the capacity to influence the entire socio economic development in Igbo land if it is well managed. Quantitative research design and multiple regressions were used to carry out this study. The results of the study indicates that small and medium enterprises contribute significantly to the development of Igbo land based on the magnitude and the level of significance of the coefficient and p-value. And there is significant and positive relationship between Igbo development and small and medium enterprises output. The implication of this findings is that if small and medium enterprises does not increase the size of their employment generation in Igbo land, the development of Igbo's through small and medium enterprises will not contribute meaningfully to the growth of Nigerian economy. It is the recommendation of this study that the operators of small and medium enterprises in South East (Igbo Land) Nigeria should make maintain their level of social corporate responsibility. That there is also need to strengthen policies that will enhance rapid growth and development in Igbo land through small and medium enterprises in Nigeria. 

Keywords: Igbo Development, SMEs, Economic Growth, Output, South East. 




 








Related Articles


Original Research Articles
Sabita Chaine and Chittaranjan Panda
Automatic Genaration and Energy Storage using Super Conducting Magnetisim
Glo. Adv. Res. J. Manage. Bus. Stud. November 2012 Vol: 1(8): - [Abstract] [Full Text - PDF] (1,482 KB)
Ernest Abaho, Issa Seif Salim, Richard Akisimire
Culture is it relevant in the antecedence of entrepreneurial values Evidence from Zanzibar
Glo. Adv. Res. J. Manage. Bus. Stud. March 2013 Vol: 2(3): - [Abstract] [Full Text - PDF] (154 KB)
Review
Venera Zakirova, David Zakus, Charles P Larson and Rinad Gataullin
Access to quality health care in Russia for all still remains questionable. A comparison with Canada
Glo. Adv. Res. J. Manage. Bus. Stud. October 2012 Vol: 1(9): - [Abstract] [Full Text - PDF] (185 KB)
Original Research Article
Punnose Kovoor, Mohd. Razif Idris and Mazjuki HH
Disposal of effluent waste from machining process among small and medium scale industries in Malaysia
Glo. Adv. Res. J. Manage. Bus. Stud. April 2013 Vol: 2(4): - [Abstract] [Full Text - PDF] (258 KB)
Review
Umiyati Idris
Micro and Small Scale Enterprises MSEs in The Process of Developing National Economy The Empirical Study of Micro and Small Scale Enterprises in Indonesia
Glo. Adv. Res. J. Manage. Bus. Stud. November 2015 Vol: 4(10): - [Abstract] [Full Text - PDF] (152 KB)
Original Research Article
Catherine Chovwen
Occupational stress among bank employees in South East Nigeria
Glo. Adv. Res. J. Manage. Bus. Stud. February 2013 Vol: 2(2): - [Abstract] [Full Text - PDF] (176 KB)

Current Issue

Viewing Options

View Full Article - PDF
Download Full Article - PDF

Search for Articles

Nwite on Google Scholar
Nwite on Pubmed

Statistics

Viewed 3370
Printed 485
Downloaded 2531
Powered By iPortal Works