Youth Entrepreneurship and Small and Medium Enterprises (SMES) Growth in Nigeria: The Moderating Role of Information and Communication Technology (ICT)
Loading...
Date
2020
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Management (IJM)
Abstract
The roles that Information and Communication Technology (ICT) play to the
growth and development of small and medium scale (SMEs) businesses start-ups in
the developed economies cannot be overemphasized, but this is not always the same
with what is obtainable in developing countries like Nigeria. This study, for that
reason, fills the gap by investigating the relationship between youth entrepreneurship
and SMEs growth, taking cognizance of the moderating roles of ICT. The study
adopted a cross-sectional research design with a descriptive research method selected
to examine the relationship between study variables. Only primary data was used in
the study. Primary data was sourced with the questionnaire instrument. The
population of the study comprised of 15260 small and medium enterprises in south
western Nigeria, as obtained from the of ice of National Bureau of Statistics (NBS).
Slovin's formula was applied to obtain a sample size of 390 from the study population, while youth entrepreneurs were sampled purposively based on age. The findings
revealed that ICT has a positive moderating influence on the relationship between youth entrepreneurship and SMEs growth. The study recommended among other
things that the government should do more in the area of alleviating challenges faced
by youths in accessing ICT devices. The Government should also invest more in
infrastructure development and promulgate laws that will make network providers
deliver excellent services to its subscribers.
Description
Keywords
Youth Entrepreneurship, Business Growth,, ICT, Small Scale Enterprises
Citation
Solomon Adejare BABARINDE, Olufemi Samuel OMOYELE, Thomas Duro AYODELE and Adebayo Isaac ADIO, Youth Entrepreneurship and Small and Medium Enterprises (SMEs) Growth in Nigeria: The Moderating Role of Information and Communication Technology (ICT), International Journal of Management, 11(12), 2020, pp. 2516-2526. http://iaeme.com/Home/issue/IJM?Volume=11&Issue=12