Pro-Activeness and Survival of Small and Medium Scale Enterprises in Nigeria

Abstract

The study investigated the relationship between Pro-activeness and the Survival of small and medium scale enterprises (SMEs) in Port Harcourt. The cross sectional survey method was adopted. A sample size of eighty was drawn from a population of one hundred employees using the Taro Yamane formula. The questionnaire was the main instrument for data collection and data obtained was analyzed using the SPSS. Spearman's rank correlation coefficient was used to test the hypotheses. Our findings revealed a strong and positive relationship between pro-activeness and the measures of survival of small and medium scale enterprises. We concluded that pro-activeness significantly and proportionately predict the organizational performance and success level of SMEs. We recommended that firms should undertake more pro-active steps and enterprising activities. Managers should encourage pro-activeness, tolerate mistakes and reward new ideas that contribute to innovation and organizational survival. Government ought to as matter of criticality help planned business visionaries to have admittance to the public purse to back them up. This could enable them implement their pro-active ideas.

Entrepreneurial Resilience and Business Survival: The Mediating Role of Self-compassion

“…Over the years, scholars have developed an engaging interest in defining business survival and accounting for the factors that explain the survival or non-survival of firms in an environment (Geroski et al, 2009; Mata & Portugal, 2002). Amah (2017) stated that the survival of a business entails its continuity. Additionally, Geroski et al (2009) posited that growth does not differ from survival, as it can be used to explain business survival.…”

“…Entrepreneurial resilience can be defined as an entrepreneur’s ability to develop and maintain an adaptive mindset and capabilities to confront and overcome the challenges associated with new business growth and survival (Ayala & Manzano, 2014; Pathak et al, 2023). It is also the capacity of an entrepreneur to effectively respond to unforeseen disruptive changes that may occur in their business (Amah & Eshegheri, 2017; Mberi, 2018). Entrepreneurial resilience can, therefore, be viewed as a mental tool that helps an individual keep their mind, body, and spirit intact throughout a challenging journey.…”

“…Moreover, it is widely agreed that entrepreneurial resilience is a key driver of entrepreneurial success (Amah & Eshegheri, 2017; Ayala & Manzano, 2014; Davidsson & Gordon, 2016), although some studies have yielded partially inconclusive results (Adeniran & Johnston, 2012; Fisher et al, 2016; Mcinnis-Bowers et al, 2017). The presence of consistently varying views indicates the need for a more critical examination of the underlying variables.…”

Exploring The Causes of Business Decline in Malaysia: An In-Depth Analysis of Contributing Factors

“…Factors such as a downturn in the national economy, high prices of construction materials, poor estimation practices, delayed progress payments from clients, and non-payment of interest on late allowances have been identified as the main causes of the decline in the number of contractors (Yoo & Kwak, 2020;Adenuga et al, 2020;Ndayisenga et al, 2019;El-Kholy & Akal, 2019). Ramezeni and Papzan (2021) showed that insufficient infrastructure, poor support, economic barriers, and human resource constraints drove the deterioration of businesses (Guan & He, 2021;Kumawat & Bhatnagar, 2019;Adesua & Oladipo, 2018).…”

The Effectiveness of Innovative Infrastructure: The Case of Kazakhstan

“…FP influence the mission of creating new opportunities in the market and the further development of industries (Audretsch and Link, 2016;Leyden, 2016;Mazzucato, 2016). The problems of management of industrial enterprises in general and, in particular, the problems of management of their sustainable innovative development were investigated in the works (Amah, 2017;Sorokin and Novikov, 2019;Tuguskina, 2019;Usov et al, 2018;Ustinova and Sirazetdinov, 2017).…”