Entrepreneurial Orientation, Technology Orientation and Small and Medium Enterprises Performance in Nigeria: Role of Government Support Policies

Abstract

Purpose: The study empirically analyzes the moderating role of government support policy on the relationship between entrepreneurial orientation, technology orientation, and performance of small and medium enterprises (SMEs) in northeast Nigeria. 
 Design/Methodology/Approach: The paper adopts quantitative survey method using structured questionnaires, data were collected from 240 SME owner-managers in northeast Nigeria. The data collected was analyzed using Partial Least Squares PLS-SEM.
 Findings: The findings of the study indicate a significant positive relationship between EO, TO and Performance of SMEs. Additionally, the outcomes of the study authenticate that government support policy moderates the relationship between EO, TO and performance of SMEs in Nigeria.
 Implications/Originality/Value: The study has practical implication for the government, policy makers, regulators, SMEs owner-managers and other stakeholders to recognize government support as it affects SMEs performance. The study further adds to the frontier of knowledge on the importance of GSPs in strengthening the relationship between the variables and SMEs performance. This is the first study that focuses on testing the moderating role of government support policy on the relationship between entrepreneurial orientation, technology orientation and SMEs performance in Nigeria,

Moderation Effect of Education to the Effect of Market Orientation and Technology Orientation on Entrepreneurship Orientation at Small-and-Medium Enterprises (SMEs) in East Java, Indonesia

“…Technology orientation helps to internalize entrepreneurship values, such as innovation and business strategy, into Small-and-Medium Enterprises (Ibrahim et al, 2017). In applying new technology and improving entrepreneurship orientation, Small-and-Medium Enterprises must have innovation capability and technological friendly procedure, and both factors can improve the SME's productivity (Asim & Sorooshian, 2019;Tseng et al, 2019).…”

The Empirical Evidence of Enterprise Resource Planning System Adoption and Implementation on Firm’s Performance Among Medium-Sized Enterprises

“…Performance of Medium-sized Enterprise Organizations Raychaudhuri et al (2013) and Ibrahim et al (2017) argued that the success of most developing countries relies on the PMSE and Ebitu et al (2015) described PMSE as a strong factor that can enhance growth, development, survival, success and competitiveness of most organizations. In this light, MEs are organizations that employ between 50 and 199 workers and have the capability to boast assets of N50 million to N500 million excluding land and buildings (Aremu et al, 2018).…”

“…The Internet is described as a strong component which provides business enterprise a way of promoting its product, by creating websites and a communication channel between customers and suppliers. The study conducted on the adoption of ICT in the Nigerian SMEs content by Ibrahim et al (2017) argued that in 2010 only 28.9 per cent of the Nigerian population used the Internet, indicating very low Internet usage. However, Internet usage in the country has increased in 2016 to 46.1 per cent (Internet World Stats, 2016).…”

“…MEs play a vital role in the economic development of Nigeria as they are the main driver of growth and a key player in promoting private sector development and partnership. On the other hand, compared to medium-sized companies in other developed and developing countries like Malaysia, the UK and South Africa, MEs in this country have not shown significant impact towards the growth of the economy as they contributed to less than 50 per cent of the country's gross domestic product (GDP) in the past few years (Aremu et al, 2018;Ibrahim et al, 2017). Furthermore, it was claimed that MEs have no significant contribution in providing employment opportunities and has no significant impact on poverty eradication and social development in the country (Ebitu, Ufot, & Olom, 2015).…”

“…Recently, the performance of medium-sized enterprises (PMSEs) has generated a great deal of discussions among practitioners, researchers, educators and policymakers. In this regard, the characteristics and determinants of medium-sized enterprises (MEs) have been the focus of much debate and interest (Ibrahim, Keat, & Rani, 2017). In general, MEs are responsible for job creation, poverty eradication, as well as income and revenue generation.…”