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SMEs’ Wealth Creation Model of an Emerging Economy

Year: 2016

Type: article

Abstract: This article synthesizes the evidence on SMEs' wealth creation in an emerging economy, paying particular attention to human resource/expertise, technology adoption, innovation and creativity, unit economies, organizational infrastructure and strategy as determinants of SMEs' wealth creation.A survey of 581 Nigerian SMEs was conducted and the data was analysed and tested using multiple regression and structural equation modelling.The findings revealed Human resource/CEOs expertise as the highest contributory factor to wealth creation within the firm in the industrial and the commercial sectors.The relevant domains were modelled and relevant policy adjustments were suggested.

Source: Eurasian Journal of Business and Economics

DOI: 10.17015/ejbe.2016.017.08

Author: Olalekan Usiobaifo ASIKHIA

Institution: University of South Africa

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W2463097499

FWCI: 1.323

Cites: 95

Cited by: 4

Related to: 10