Micro and Small Business Growth Drivers in Nigeria: Evidence from Small Cities Small Federating State
Year: 2024
Type: article
Abstract: This study involves a comprehensive survey of about 1500 micro and small businesses across three major cities in one of the smallest states in Nigeria (Ebonyi State). Based on the cross-sectional data generated, a linearized Tobit regression and a robust T-Test statistical technique are applied to comparatively examine how internal firm attributes, market attributes, and socioeconomic and macroeconomic conditions affect the growth of micro and small businesses in a typical small state and small cities. The results reveal a key challenge to be the dominance of the business space in small cities by micro and largely informal enterprises.
Authors: Abel E. Ezeoha, Lius C. Nkwagu, Udu U. Ama, Ebere Okorie, Chioma Iteshi, Kelechi Anyigor, Okereke J. Ugwu
Language: English
Topic: Firm Innovation and Growth
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $3,450
Funder: Tertiary Education Trust Fund
Award: G5540432147
OpenAlex ID: W4403556669