Entrepreneurial self-efficacy and orientation for SME development

Abstract

ABSTRACT This work examined the role of entrepreneurial self-efficacy in a significant entrepreneurial small and medium orientation and growth. The goal is to integrate self-efficacy, addressing the said challenges to the advancement of SMEs in Nigeria based on entrepreneurship. This research applied a modified scale; data are obtained from owners of Nigeria small and medium enterprises. Partial least squares structural equation modelling (SEM-PLS) was used in the analysis to evaluate the proposed model of mediation. The results of the study promoted the role of entrepreneurship in creating a productive enterprise-based SME. Entrepreneurship, regardless of social, economic and geopolitical conditions, is an important engine for sustainable economic development. Developing and sustaining an active small and medium-sized enterprise (SME) focused on entrepreneurship, however, is a major challenge.