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  • 标题:Analysis of Entrepreneurial Potential and Financial Performance of Cashew Processors in Kogi State
  • 本地全文:下载
  • 作者:Ja'afaru Garba Sule ; Thomas Yakubu Abutu ; Akeem Tunde Nafiu
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2019
  • 期号:3
  • 语种:English
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:This study thus focused on the entrepreneurial potential and financial performance of cashew processors in Kogi State.The study used a research survey design,and was conducted on Cashew Processors in Kogi State.Purposive sampling was adopted and 300 cashew processors were selected in Kogi State.Questionnaire was used and the reliability of the instrument was established through the Cronbach Coefficient alpha (α).The results of reliability test for the constructs are adequate sophisticated technology (α = 0.808);adequate capital (α = 0.888);infrastructure inadequacy (α = 0.745);availability of adequate information (α = 0.708);and inadequate support or motivation from government (α = 0.721).Data were gathered and analyzed using Descriptive Statistics,Principal Component and Probit regression analysis.Findings show that unavailability of adequate information,inadequate sophisticated technology and infrastructure inadequacy are prime constraints on the conversion of the entrepreneurial potential of cashew processors in Kogi State;while inadequate capital and inadequate sophisticated technology are significantly inverse on the financial performance of cashew processors in Kogi State.The study concluded that if cashew processors are supported to prevent the constraints,the economy of Kogi State is likely to benefit in the area of job creation and poverty reduction.This study therefore recommended that the government and other economic stakeholders should support cashew processors in the aspects of capital adequacy,sophisticated technology and infrastructure adequacy so that their entrepreneurial potentials can be utilized.
  • 关键词:Entrepreneurial Potential;Financial Performance;Infrastructure Inadequacy;Cashew Processing Entrepreneurship;Innovative Method;Economic Growth
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