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- W3215455132 abstract "In a dynamic business environment, investors must develop a plan to gain a competitive edge over their rivals. The effect of EO-dimensions on the competitive advantages of selected SMEs in Lagos, Nigeria was investigated in this study. The population of the study comprised both small and medium enterprises (SME) in Lagos State, Nigeria. Eight sectors of SMEs were established for the study, and sixty (60) SMEs were selected randomly from each of these sectors, with a total sample size of four hundred and eighty (480) SMEs. Using a simple random sampling method, questionnaires were distributed to the 480 SMEs, considered as a sample size for the study, from which three hundred and ninety-two (392) copies were retrieved for analysis. The data were analyzed using SPSS version 25. Multiple regression analysis was used to examine the effect of each of the EO-dimensions on the competitive advantages of the SMEs. The results of the study revealed that three EO-dimensions (innovativeness, proactiveness, and autonomy) are associated with SMEs’ competitive advantage. The study recommended that those variables that lead to an improvement in the competitive advantages of the business should be made the focal points of the business strategies. Keywords: Entrepreneurial orientation, competitive advantages, Lagos State, small and medium enterprises DOI: 10.7176/JESD/12-22-06 Publication date: November 30 th 2021" @default.
- W3215455132 created "2021-12-06" @default.
- W3215455132 date "2021-11-01" @default.
- W3215455132 modified "2023-10-17" @default.
- W3215455132 title "The Effect of Entrepreneurial Orientation on Competitive Advantages of Selected SMEs' in Lagos, Nigeria" @default.
- W3215455132 doi "https://doi.org/10.7176/jesd/12-22-06" @default.
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