Micro and Small Business Growth Drivers in Nigeria: Evidence from Small Cities Small Federating State

Abel Ezeoha, Lius Nkwagu, Udu Ama, Ebere Okorie, Chioma Iteshi, Kelechi Anyigor*, Okereke J. Ugwu

*Corresponding author for this work

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Abstract

This study involves a comprehensive survey of about 1500 micro and small businesses across three major cities in one of the smallest states in Nigeria (Ebonyi State). Based on the cross-sectional data generated, a linearized Tobit regression and a robust T-Test statistical technique are applied to comparatively examine how internal firm attributes, market attributes, and socioeconomic and macroeconomic conditions affect the growth of micro and small businesses in a typical small state and small cities. The results reveal a key challenge to be the dominance of the business space in small cities by micro and largely informal enterprises.
Original languageEnglish
Pages (from-to)1-15
Number of pages15
JournalJournal of Asian and African Studies
Early online date19 Oct 2024
DOIs
Publication statusE-pub ahead of print - 19 Oct 2024

Keywords

  • MSBs
  • Nigeria
  • education
  • female-owned businesses
  • growth drivers
  • small cities

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