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Entrepreneurial Leadership and Performance of Small and Medium Scale Enterprises in Benue State, Nigeria
Entrepreneurial Leadership and Performance of Small and Medium Scale Enterprises in Benue State, Nigeria
Publisher : PJPCR
Author(s)
Jae-Won L.
Abstract
This study examines the effect of entrepreneurial leadership on performance of Small and Medium Scale Enterprises (SMEs) in Benue State, Nigeria. Using a quantitative survey design, 400 SME owners/managers were sampled across sectors including food processing, trading, fashion, and ICT. The study adopted Thornberry's five-dimensional model focusing on four constructs: miner behavior, explorer behavior, accelerator behavior, and integrator behavior. Validity and reliability testing yielded a Cronbach's alpha of 0.896. Pearson correlation and multiple regression analyses revealed significant positive relationships between all entrepreneurial leadership constructs and SME performance (r > 0.96, p < 0.001). Regression analysis showed these four behavioral dimensions jointly account for 96.3% of variance in SME performance. The study concludes that entrepreneurial leadership behaviors of managers significantly affect SME performance and recommends training programs on vision creation and communication.