Skip to main page content
U.S. flag

An official website of the United States government

Dot gov

The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Access keys NCBI Homepage MyNCBI Homepage Main Content Main Navigation
. 2018 Mar 30:18:835-839.
doi: 10.1016/j.dib.2018.03.126. eCollection 2018 Jun.

Contribution of small and medium enterprises to economic development: Evidence from a transiting economy

James Obi  1 , Ayodotun Stephen Ibidunni  1 , Atolagbe Tolulope  1 , Maxwell Ayodele Olokundun  1 , Augusta Bosede Amaihian  1 , Taiye Tairat Borishade  1 , Peter Fred  1
Affiliations

Contribution of small and medium enterprises to economic development: Evidence from a transiting economy

James Obi et al. Data Brief. .

Abstract

The focus of this research was to present a data article on the contribution of SMEs to economic development in a transiting economy. Descriptive research design was adopted in this study. Data were obtained from 600 respondents in 60 small-scale enterprises located in different parts of the country (20 small-scale enterprises located in Lagos State, 20 in Anambra State and 20 in Kano State of Nigeria respectively). Data analysis was carried out using tables and percentages and the null hypotheses of the study was tested using chi-square (X2) inferential statistical model at 5% level of significance. The findings revealed that there is a significant relationship between the operation of small and medium-scale enterprises and economic growth in developing nations.

Keywords: Economic development; Entrepreneurship; Nigeria; SMEs; Transiting economy.

PubMed Disclaimer

References

    1. Olokundun M.A., Moses C.L., Iyiola O.O., Ibidunni A.S., Amaihian A.B., Peter F. Perceptions of students on entrepreneurship curriculum contents and openmindedness: implications for business idea generation of Nigerian University students. Acad. Entrep. J. 2017;23(2):1–10.
    1. Ibidunni A.S., Ogunnaike O.O., Abiodun A.J. Extending the knowledge strategy concept: linking organizational knowledge with strategic orientations. Acad. Strat. Manag. J. 2017;16(3):1–11.
    1. Moreno A.M., Cassilass J.C. Entrepreneurial orientation and growth of SMEs: a causal model. Entrep. Theory Pract. 2008;32(3):507.
    1. Noor H.A., Hasliza A.H., Siti R.M.Z. Is entrepreneurial competency the silver bullet for SME success in a developing nation? Int. Bus. Manag. 2010;4(2):67–75.
    1. A.A. Babajide, F.O. Olokoyo, J.N. Taiwo, Evaluation of effects of banking consolidation on small business finance in Nigeria, in: Proceedings of the 23rd International Business Information Management Association Conference, 2016, pp. 12522–12540.

LinkOut - more resources