THE INFLUENCE OF TRADE ASSOCIATIONS ROLE ON ENTREPRENEURIAL DEVELOPMENTS IN NIGERIA S TRANSPORT INDUSTRY

Ugboaja P.C., Chikwendu D.U., Ogwude I.C. and Wilfred I. Ukpere

Journal of Academic Research in Economics, 2013, vol. 5, issue 2 (September), 320-333

Abstract: This purpose of this paper is to assess the extent to which the role of Trade Associations affects entrepreneurial developments in Nigeria s transport Industry. To do this, survey research method was adopted for the study and questionnaires were used as the data collection method. A random of one hundred and forty four (144) trade associations in Nigeria s Transport Industry was selected for the study out of a population of two hundred and twenty four (224) trade associations with seven hundred and twenty (720) respondents . For completeness, a sample of six hundred and fifty seven (657) transport related organizations (infinite population) was included in the study. Therefore, a total of one thousand three hundred and seventy seven (1377) questionnaires were administered to the respondents. The data collected was measured on a five point likert scale with a hypothesized scale of 3.00. The data analysis revealed that the extent to which pro-competitive roles of trade associations affect entrepreneurial developments in Nigeria s transport industry was 1.91 which is less than the expected value of 3.00 on a five point likert scale. Further analysis showed that the extent to which anti-competitive role of trade associations affects entrepreneurial development in Nigeria s was 4.47 which is greater than 3.00 on a five point Likert scale. The test of hypothesis using a two sample Z- test, indicated that the Z-calculated value for the differences in the two mean score was 229.8386 with a significance probability of

Keywords: Anti-competitive; Development; Entrepreneurial; Transport; Industry; Pro competitive; Role; Trade Associations. (search for similar items in EconPapers)
JEL-codes: L9 R4 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:shc:jaresh:v:5:y:2013:i:2:p:320-333

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