Predictors of Entrepreneurial Resilience in Post-Covid 19 Era Among Small-Scale Entrepreneurs in Uyo Metropolis
Usen Essien Inyang,
Godswill Efiom Etim and
Hannah Etim Archibong
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Usen Essien Inyang: Department of Psychology, University of Uyo, Uyo
Godswill Efiom Etim: Department of Educational Foundation and Childhood Education, Cross River State University
Hannah Etim Archibong: Department of Psychology, University of Uyo, Uyo
International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 5, 2138-2146
Abstract:
Entrepreneurial resilience is critical for the sustainability of small-scale businesses in the post-Covid-19 pandemic era. The study examined predictors of entrepreneurial resilience among small-scale entrepreneurs in Uyo Metropolis. Demographic variables (sex, age, educational attainment, years of experience, business registration status, and business type), entrepreneurial creativity, and personal growth initiative (PGI) were the predictor variables investigated in the study. The sample for the study comprised two hundred and nine (209) small-scale entrepreneurs, consisting of 116 (55.5%) males and 93 (44.5%) females. The ages of participants ranged from 23 to 50 years, with a mean age of 34.29 years. The participants were selected using purposive sampling. An ex-post facto design was adopted for the study. The Entrepreneurial Creativity Scale, Personal Growth Initiative Scale, and the Entrepreneurial Resilience Scale were the instruments used for data collection. Data were analyzed using Multiple Regression Analysis. Results revealed that none of the demographic variables independently predicted entrepreneurial resilience. However, entrepreneurial creativity (β = .15; t = 2.32.; P
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:5:p:2138-2146
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