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ENTERPRISE OWNERSHIP IN GOMBE STATE OF NIGERIA-AN EVIDENCE OF SMOOTHNESS AND ROUGHNESS

Abstract

Microenterprises usually develop and grow into small, medium and large enterprises as time progresses with unwavering and recorded successes. This form of growth yields tremendously to the development of the economy. However, the path to development of the economy is not without challenges which are defined in this paper as factor-effects subsisting within the external environment of the enterprise ownership smoothness or roughness. This paper theoretically and empirically examined the various factors that affect the performance of SMEs ownership smoothness or roughness in Gombe State using several data collected and empirically analyzed to conceptualize the environmental factors’ influence on SMEs. Survey method and purposive sampling technique was adopted by administering 100 questionnaires to selected SME owners thereafter using regression analysis via E-views to determine result. Findings show that government policy, customer patronage, and political instability are significant in influencing SMEs ownerships performance smoothness at a percent level. The paper establishes that for business owners to continue achieving expected performance, there must be a close environmental examination in order to manage environmental factors while government as a matter of policy reengineering, may have to create scientifically enabling environment to enhance the thriving of SMEs ownership performance and provision of information sharing platform among local business owners to ameliorate roughness.