The Effect of Strategic Alliances on SME Growth: A Case Study of Entrepreneurs in Katsina State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Strategic alliances involve partnerships between organizations to achieve shared goals, leverage resources, and access new markets. For small and medium-sized enterprises (SMEs), strategic alliances can drive growth by providing access to capital, expertise, and technology (Okonkwo & Yusuf, 2024).
In Katsina State, SMEs face challenges such as limited resources, poor market access, and intense competition. Strategic alliances offer a pathway for overcoming these challenges and achieving sustainable growth. However, the effectiveness of such alliances depends on factors such as partner compatibility, shared objectives, and effective communication (Ali & Musa, 2023).
This study explores the impact of strategic alliances on SME growth in Katsina State, focusing on the experiences of local entrepreneurs.
Statement of the Problem
SMEs in Katsina State often struggle to grow due to resource constraints and market limitations. While strategic alliances can address these challenges, many SMEs lack the knowledge or framework to establish and manage effective partnerships. This has resulted in missed opportunities for growth and development (Usman & Ibrahim, 2025).
The limited research on the role of strategic alliances in SME growth within Katsina State necessitates this study.
Objectives of the Study
-
To identify the types of strategic alliances formed by SMEs in Katsina State.
-
To analyze the impact of strategic alliances on SME growth.
-
To propose recommendations for fostering effective strategic alliances.
Research Questions
-
What types of strategic alliances do SMEs in Katsina State engage in?
-
How do strategic alliances influence SME growth?
-
What strategies can enhance the effectiveness of strategic alliances for SMEs?
Research Hypotheses
-
Strategic alliances significantly contribute to SME growth.
-
Poor alliance management negatively impacts the growth of SMEs.
-
Effective strategic alliances enhance market access and competitiveness for SMEs.
Scope and Limitations of the Study
This study focuses on SMEs in Katsina State, analyzing their strategic alliances and their impact on growth. Limitations include variations in alliance types and the influence of external market conditions.
Definitions of Terms
-
Strategic Alliances: Partnerships between organizations to achieve mutual benefits and shared goals.
-
SME Growth: The process of increasing the scale, profitability, and market presence of small and medium-sized enterprises.
-
Entrepreneurs: Individuals who establish and operate businesses, often taking on financial risks.
