Micro and Small Business Growth Drivers in Nigeria: Evidence from Small Cities Small Federating State

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 c...

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Veröffentlicht in:Journal of Asian and African studies (Leiden) 2024-10
Hauptverfasser: Ezeoha, Abel E., Nkwagu, Lius C., Ama, Udu U., Okorie, Ebere, Iteshi, Chioma, Anyigor, Kelechi, Ugwu, Okereke J.
Format: Artikel
Sprache:eng
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Zusammenfassung: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.
ISSN:0021-9096
1745-2538
DOI:10.1177/00219096241284391