The Role of Training and Capacity Building in SME Success: A Case Study of Adamawa State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Small and Medium Enterprises (SMEs) play a pivotal role in the economic development of any nation, particularly in creating employment, fostering innovation, and contributing to GDP. However, many SMEs face challenges related to poor management, lack of expertise, and inefficiencies in operations, which often hinder their growth and success (Adebayo & Yusuf, 2023).
Training and capacity building have emerged as essential tools for equipping SME owners and employees with the necessary skills to address these challenges. In Adamawa State, where SMEs contribute significantly to the local economy, there is an increasing need to evaluate the impact of capacity-building initiatives on business performance and sustainability (Garba & Musa, 2024).
Statement of the Problem
Despite the recognition of SMEs as a critical component of economic growth in Adamawa State, many of these enterprises fail to reach their potential due to inadequate training and lack of capacity building. Business owners and managers often lack the technical and managerial skills needed to navigate complex market dynamics, resulting in stagnation or failure. Understanding the role of training in improving SME performance is crucial to developing effective support programs (Bello & Abdullahi, 2024).
Objectives of the Study
-
To examine the role of training and capacity building in the success of SMEs in Adamawa State.
-
To identify specific training needs of SME owners and employees.
-
To assess the impact of capacity-building initiatives on SME performance.
Research Questions
-
What role does training play in the success of SMEs in Adamawa State?
-
What are the specific training needs of SME owners and employees?
-
How do capacity-building initiatives impact SME performance?
Research Hypotheses
-
Training and capacity building do not significantly contribute to SME success in Adamawa State.
-
The training needs of SME owners and employees do not significantly differ.
-
Capacity-building initiatives do not significantly improve SME performance.
Scope and Limitations of the Study
The study focuses on SMEs in Adamawa State, exploring the role of training and capacity building in their success. Limitations include varying levels of training among businesses and access to reliable data.
Definitions of Terms
-
Training: Programs aimed at improving knowledge, skills, and abilities.
-
Capacity Building: Efforts to strengthen individuals’ or organizations’ abilities to perform effectively.
-
SME Success: Achieving business goals such as growth, profitability, and sustainability.
Related Project Materials
Design of a Digital Portfolio System for Secondary Schools in Dutse Local Government Area, Jigawa State
Background of the study
In the digital age, students in secondary schools are increasingly expected to showcase their acade...
ASSESSING THE BENEFITS OF EARLY CHILDHOOD EDUCATION IN PREVENTING HUMAN TRAFFICKING
ABSTRACT: Assessing the benefits of early childhood education in pre...
AN ASSESSMENT OF ROLE OF ESTATE SURVEYOR AND VALUER IN PROJECT MANAGEMENT
ABSTRACT
Performance of building projects is affected by several factors. The focus he...
FISCAL ACCOUNTABILITY DILEMMA IN NIGERIA PUBLIC SECTOR: A WARNING MODEL FOR ECONOMIC RETROGRESSION
ABSTRACT
The diagnostic survey conducted in 2001 into the Federal Government public procurement reveale...
Evaluation of AI-Based Job Recommendation Systems for University Graduates: A Case Study of Federal University, Gashua (Bade LGA, Yobe State)
Background of the Study
The transition from university to the workforce is a significant phase in a graduate’s life, with many graduat...
A Comparative Study of Urban and Rural Elderly Patients’ Access to Healthcare Services in Kano State
Background of the Study
The aging population in Nigeria has grown substantially over t...
EFFECT OF COVID-19 ON BANKING SYSTEM IN NIGERIA
BACKGROUND OF THE STUDY
A pandemic is a disease outbreak that spreads across countries or continents. I...
An investigation of international cultural exchanges and their effect on diplomatic relations: A case study of cultural festivals in Rivers State
Background of the Study
International cultural exchanges have become a pivotal aspect of modern diplomacy, fostering mutual...
THE CHALLENGES ASSOCIATED WITH THE TAXATION OF EXPATRIATES AND INTERNATIONAL ASSIGNEES
Abstract: THE CHALLENGES ASSOCIATED WITH THE TAXATION OF EXPATRIATES AND INTERNATIONAL ASSIGNEES
This research examines the challenges as...
The effect of interactive product videos on online engagement: A study of a cosmetics brand in Kaduna, Nigeria.
Background of the study
Interactive product videos have become an essential tool in digital marketi...
