ROLE OF SMEs' ENTREPRENEURIAL ACTIVITIES AND INDUSTRIAL CLUSTERING ON SMEs' PERFORMANCE

Abstract

The focus of this research is to examine the role of SMEs’ Entrepreneurial activities and industrial clustering on SMEs’ performance.A sample size of 65 owners/managers of technology-based small and medium enterprises were surveyed through the use of structured questionnaire. Linear and standard multiple regression were adopted in analysing the research instrument. The findings from the study suggest that SMEs’ entrepreneurial activities such as new product/service creation and entrepreneurship education and training are very significant determinants of SMEs performance. More so, it is revealed that industrial clustering influences entrepreneurial activities and SMEs’ performance. Although, the moderating effect of industrial clustering on entrepreneurial activities and SMEs’ performance is established, but it is not significant.