Leadership Development and Entrepreneurial Perception of Small Scale Enterprises in Akwa Ibom State, Nigeria

Abstract

Purpose: This study examined the effect of leadership on entrepreneurial perception in small scale enterprises in Akwa Ibom State. Methodology: The study adopted a descriptive survey research design and primary data were collected through Self-administered questionnaire. Sample size of three hundred and thirty one (331) respondents was drawn from the total population of 1918 small scale enterprises registered with Corporate Affairs Commission. Identified per local government area (Ikot Ekpene, Uyo and Mbo). The data collected were coded and descriptive statistics, analysis of variance and statistical package for social sciences (SPSS) were used to analyze the data.Findings: The regression analysis revealed that intuition (B = 0.397, p = 0.000< 0.05), vision (B = 0.111, p = 0.003 < 0.05) and communication skills (B = 0.168, p = 0.000 < 0.05) significantly and positively influenced entrepreneurial perception. However, integrity did not show a significant relationship (B = - 0.059, p = 0.130 > 0.05). Originality/Value: These results concluded that intuition, vision, integrity and communication skill are significant for fostering an entrepreneurial perception in small scale enterprises. Based on these findings, the researcher recommended that small scale enterprises should invest in leadership development programs that focus on enhancing intuitive decision-making, visionary thinking, and communication skill. Leaders should be encouraged to develop and articulate clear visions for their organizations. Workshops and strategic planning sessions should be conducted to help leaders re-define their vision and align their teams with the organizational goals.