Effect of Corporate Entrepreneurship on the Growth of Small and Medium Enterprises in Lagos State
Business Administration — 2025, Undergraduate
This study investigated the effect of corporate entrepreneurship on the growth of small and medium enterprises (SMEs) in Lagos State, Nigeria. A cross-sectional survey was conducted with owners and managers of selected SMEs using a structured questionnaire. Data were analysed using frequency counts, percentages, and regression analysis. The findings showed that innovativeness, proactiveness, and risk-taking were significant predictors of enterprise growth measured in terms of sales, employment, and market share. The study, however, found that many SMEs still shy away from calculated risk-taking due to financing constraints. It recommends that SMEs institutionalise innovation and adopt entrepreneurship-oriented strategies to drive sustainable growth.