Business Administration & Management

THE EFFECTS OF ENTREPRENEURIAL CHARACTERISTICS ON BUSINESS PERFORMANCE

THE EFFECTS OF ENTREPRENEURIAL CHARACTERISTICS ON BUSINESS PERFORMANCE

ABSTRACT

The study examines the effect of entrepreneurial characteristics on business performance in Jos North. The research questions that guided the study were: What are the characteristics of an entrepreneur? What is the relationship between entrepreneurship traits and business performance? What are the challenges militating against entrepreneurs in the performance of their business? A survey method was used for this study. The population of the entire business entrepreneur in Ahmadu Bello Way Jos North Local Government Area of Plateau State. Out of 1050 persons 180 persons were selected as the sample size. A questionnaire developed in five Likert scale was used to obtain data. Mean scores was used to analyze the data obtained from the field. The result of the analysis indicates that entrepreneurial characteristics in an entrepreneur facilitate effective management and creativity required to survive in the competitive business world today. The characteristics of an entrepreneur are basically risk taking, creativity, goal oriented and need for achievement, strong leadership quality and forecasting in to the future enhances the performance of an entrepreneur. Inspite of this, entrepreneurship in Jos North is constraint with problems arising from inability to access loan, poor infrastructural facilities as well as unconducive environment sequel to political crisis.

TABLE OF CONTENT

Title Page –        –        –        i

Declaration        –        –          ii

Approval Page   –        –        –  iii

Dedication          –        –      iv

Acknowledgement      –        –      v

Abstract    –        –        –     vi

Table of Contents       –        – vii

CHAPTER ONE

INTRODUCTION

1.1    Background of the study     –        –    1

1.2    Statement of problem-         –        –  2

1.3     Objectives of the study-      –        3

1.4     Significance of the study-            – 4

1.5     Research Question-   –        –        4

1.6    Scope of the study-               –    5

1.7    Limitation of the study-      –        5

1.8   Definition of terms-               –   6

CHAPTER TWO – LITERATURE REVIEW

2.1    Introduction-     –        –        – 7

2.2    Concept of entrepreneurship-      –   7

2.3    The characteristics of an entrepreneur –       –    12

2.4    The effect of entrepreneurial characteristics on business performance    –   17

2.5    The practical approaches to entrepreneurship development –        19

2.6    The problems militating against entrepreneurship development in Nigeria   –        31

CHAPTER THREE – RESEARCH METHODOLOGY

3.1    Introduction –    –        –       –        34

3.2    Research Design –      –        –      34

3.3    Area of the Study –     –        –      34

3.4    Population of the Study-     –        – 35

3.5    Sample Size and Sampling Techniques –     35

3.6    Instrument of Data Collection     –       35

3.7    Validation of Instrument    –        –    35

3.8    Reliability of instrument    –        –     36

3.9    Method of Data Collection and Justification         –     36

3.10  Method of Data Analysis and Justification  –        –     36

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1      Introduction     –        –        –  38

4.2      Characteristic of Respondents   –      38

4.3      Data Presentation and Analysis        39

4.4     Summary of Findings         –        – 43

4.5    Discussion of Findings        –        44

CHAPTER FIVE: SUMMARY, CONCLUSION, AND RECOMMENDATIONS

5.1     Summary –        –        –        – 45

5.2     Conclusion        –        –        46

5.3     Recommendations     –        –      47

References         –        –        –        49

Questionnaire   –        –        –        –  51



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