TOURISM ENTREPRENEUIRAL PRACTICES AND ECONOMIC EMPOWERMENT OF SMALL AND MEDIUM ENTEPRISES CRAFT-MAKERS IN DELTA STATE, NIGERIA

This study investigated the relationship between tourism entrepreneurial practices and economic empowerment of Small and Medium Enterprises (SMEs) in Delta State Nigeria. It adopted the survey design method; with the population comprising providers of tourism SMEs in the State. A sample of 209 entrepreneurs was drawn from this population using the cluster sampling technique. Primary data was obtained through the administration of a questionnaire measured on a four point Likert Scale. Pearson Product Moment Correlation (r) coefficient was used for testing the postulated hypotheses. The findings revealed that the dimensions of entrepreneurial practices had positive and significant relationship with economic empowerment measures. The study concluded that there is need for operators of SMEs to be entrepreneurial so as to enable them achieve success in the competitive business environment. Following the conclusion, it was recommended that SMEs within the craft-making tourism sector in the state should take calculated risks in order to enhance and improve their production abilities. They should anticipate future needs and wants of tourists in order to accommodate growing patronage.They should also develop more entrepreneurial skills and competencies as this will help them adapt to the changing environment.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-09-01
DOI
https://doi.org/10.5281/zenodo.13624891
Primary Topic
Entrepreneurship Studies and Influences
Type
article
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article

TOURISM ENTREPRENEUIRAL PRACTICES AND ECONOMIC EMPOWERMENT OF SMALL AND MEDIUM ENTEPRISES CRAFT-MAKERS IN DELTA STATE, NIGERIA

Zenodo (CERN European Organization for Nuclear Research)
Entrepreneurship Studies and Influences
article

TOURISM ENTREPRENEUIRAL PRACTICES AND ECONOMIC EMPOWERMENT OF SMALL AND MEDIUM ENTEPRISES CRAFT-MAKERS IN DELTA STATE, NIGERIA

article en

Abstract

This study investigated the relationship between tourism entrepreneurial practices and economic empowerment of Small and Medium Enterprises (SMEs) in Delta State Nigeria. It adopted the survey design method; with the population comprising providers of tourism SMEs in the State. A sample of 209 entrepreneurs was drawn from this population using the cluster sampling technique. Primary data was obtained through the administration of a questionnaire measured on a four point Likert Scale. Pearson Product Moment Correlation (r) coefficient was used for testing the postulated hypotheses. The findings revealed that the dimensions of entrepreneurial practices had positive and significant relationship with economic empowerment measures. The study concluded that there is need for operators of SMEs to be entrepreneurial so as to enable them achieve success in the competitive business environment. Following the conclusion, it was recommended that SMEs within the craft-making tourism sector in the state should take calculated risks in order to enhance and improve their production abilities. They should anticipate future needs and wants of tourists in order to accommodate growing patronage.They should also develop more entrepreneurial skills and competencies as this will help them adapt to the changing environment.

Zenodo (CERN European Organization for Nuclear Research)
University of Port Harcourt (NG), Delta State University (NG), University of Port Harcourt Teaching Hospital (NG)
Decent work and economic growth
Openalex Percentile: Top 37%
Entrepreneurship Studies and Influences
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