Investigating Small Business Entrepreneurship and Sustainable Development in Onitsha, Anambra State, Nigeria

The study examined the relationship between small business entrepreneurship and sustainable development in Onitsha, Anambra State, Nigeria. The study was anchored on Resource-Based View (RBV) theory, by Jay Barney in 1991. A random sampling probability technique was used. The population of the study consisted of 260 registered small businesses in Onitsha. Krejcie and Morgan's table was used to obtain a sample size of 155. Hypotheses were tested using the Pearson Product Moment Correlation Coefficient with the aid of Statistical Package for Social Sciences (SPSS, version 27). Hypothesis one indicated that there is a significant positive relationship between creativity and social equity of small businesses in Onitsha, Anambra State, with r = 0.912, n = 155, and p-value of 0.037 (p<0.05). Hypothesis two revealed that there is a positive significant correlation between response to opportunities and environmental protection of small businesses in Onitsha, Anambra State, with r = 0.758, n = 155, and p-value of 0.022 (p<0.05). The study concluded that there is a positive and statistically significant relationship between small business entrepreneurship and sustainable development in Onitsha, Anambra State, Nigeria. The study recommended that the Anambra State Government needs to promote creative initiatives in Onitsha to advance social equity and community development. The Nigerian government needs to encourage entrepreneurship and innovation among small businesses to enhance environmental protection and sustainable development in the country.

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Publication Details

Journal
Scholars Journal of Economics Business and Management
Published
2024-10-18
DOI
https://doi.org/10.36347/sjebm.2024.v11i10.004
Citations
1
Primary Topic
Economic Growth and Development
Type
article
Field-Weighted Citation Impact
0.78
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article

Investigating Small Business Entrepreneurship and Sustainable Development in Onitsha, Anambra State, Nigeria

Stella Chinelo Nwagbala, Aliuba Ukamaka Harrieta, Chimamkpa Promise, Obijiaku Obijiaku et al.
1 citations
Scholars Journal of Economics Business and Management
Economic Growth and Development
0.78
article

Investigating Small Business Entrepreneurship and Sustainable Development in Onitsha, Anambra State, Nigeria

Stella Chinelo Nwagbala, Aliuba Ukamaka Harrieta, Chimamkpa Promise, Obijiaku Obijiaku, Samuel Anodi Ejiogu
article en
1 citations

Abstract

The study examined the relationship between small business entrepreneurship and sustainable development in Onitsha, Anambra State, Nigeria. The study was anchored on Resource-Based View (RBV) theory, by Jay Barney in 1991. A random sampling probability technique was used. The population of the study consisted of 260 registered small businesses in Onitsha. Krejcie and Morgan's table was used to obtain a sample size of 155. Hypotheses were tested using the Pearson Product Moment Correlation Coefficient with the aid of Statistical Package for Social Sciences (SPSS, version 27). Hypothesis one indicated that there is a significant positive relationship between creativity and social equity of small businesses in Onitsha, Anambra State, with r = 0.912, n = 155, and p-value of 0.037 (p<0.05). Hypothesis two revealed that there is a positive significant correlation between response to opportunities and environmental protection of small businesses in Onitsha, Anambra State, with r = 0.758, n = 155, and p-value of 0.022 (p<0.05). The study concluded that there is a positive and statistically significant relationship between small business entrepreneurship and sustainable development in Onitsha, Anambra State, Nigeria. The study recommended that the Anambra State Government needs to promote creative initiatives in Onitsha to advance social equity and community development. The Nigerian government needs to encourage entrepreneurship and innovation among small businesses to enhance environmental protection and sustainable development in the country.

Scholars Journal of Economics Business and ManagementVol. 11(10)
Decent work and economic growth
Openalex Percentile: Top 20%
Economic Growth and Development
0.78
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