Impact of Entrepreneurial Spirit on Resilience of Small and Medium Size Agribusinesses in Nigeria

Tende Friday Buradum*, Achebelema Damiebi Sam and Kpurubu Hope Brownson
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Tende Friday Buradum*: Department of Management, Faculty of Management Sciences, University of Port Harcourt, Port Harcourt, Nigeria
Achebelema Damiebi Sam: Department of Banking and Finance, Faculty of Management Sciences, Rivers State University, Port Harcourt, Nigeria
Kpurubu Hope Brownson: Department of Agricultural and Applied Economics, Faculty of Agriculture, Rivers State University, Port Harcourt, Nigeria

Sumerianz Journal of Business Management and Marketing, 2018, vol. 1, issue 3, 79-87

Abstract: This study geared towards establishing the impact of entrepreneurial spirit on resilience of small and medium size agribusinesses in Rivers State, Nigeria. 52 randomly selected operators of small and medium size agribusinesses in Rivers State, registered with Rivers State Ministry of Commerce and Industry were put under review and copies of the research instrument administered accordingly. However, only 43 copies of the research instruments were retrieved and analyzed being 82% response rate. 6 null testable hypotheses were formulated and texted using Product Moment Correlation Coefficient with the aid of SPSS Version 21. We found that entrepreneurial spirit has the potential beneficial effects of enhancing resilience of small and medium size agribusinesses. Amongst other recommendations, we hold the view that, Operators of small and medium size agribusinesses can adjust, adapt, survive, and thrive in challenging environment if they hold tenaciously the tenets of the spirits of entrepreneurship and resilience.

Keywords: Entrepreneurial spirit; Resilience; And small and medium size agribusinesses (search for similar items in EconPapers)
Date: 2018
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