8–11 Sept 2026
Unversity of Eldoret
Africa/Nairobi timezone
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Globalization and Performance of Small and Medium-Scale Businesses in Kwara State, North-Central Nigeria

10 Sept 2026, 14:12
12m
Kerio 2 (EKA Hotel)

Kerio 2

EKA Hotel

Eldoret Town
Business, Entrepreneurship & Economics Business, Entrepreneurship, Economics [Virtual]

Speaker

Ibrahim Bamidele Hamzat (Department of Business and Entrepreneurship Faculty of Management and Social Sciences, Kwara State University, Malete, Nigeria)

Description

The relationship between globalization and SMEs' performance focused on how SMEs affect the world's perception of itself as a global village. North-central Nigerian SMEs have not yet benefited from globalization. The study examines how globalization affected the performance of SMEs in Kwara State, Nigeria. The Survey research approach with adoption of questionnaire was used in the process of investigation. It also used focus groups for interviews for the qualitative data and a standardized questionnaire with a five-point Likert scale to collect quantitati ve data. Additionally, 360 of the 5268 SMEs in the chosen study locations were included in the sample. With the help of Nvivo and SPSS version 22, it employs both descriptive and inferential statistics to examine its data utilizing multiple regression analysis. The study found that there was a significant impact of technological innovation on profitability in hypothesis one (1), with an f-value of 13.51 for the mean square regression to the mean square residual, an R-value of.377, and a significance level of.000. The researchers were compelled to conclude that economic integration significantly affects SMEs' market share because hypothesis two (2) also showed an R-value of.556 and a significance level of.000. With an R-value of.520, a significant level of.000, a mean square of 0.193, and a variability in the dependent variable of 86.330, hypothesis three (3) demonstrates that tele-migration affects SMEs. The final and fourth hypotheses were likewise below the 5% error threshold. With an R-value of.497 and a significance level of.000, the product quality was significantly explained by all variables. After evaluating every factor taken into account, the study came to the conclusion that globalization has a substantially favorable impact on the performance of SMEs in the chosen states of North-Central Nigeria. Therefore, the study suggests that SMEs' management should be aggressive in conducting business outside of their physical location through outsourcing, tele-migration, and other market destinations. Additionally, SMEs' operations necessitated focusing on their core competencies. To improve the quality of their products or services, SMEs must confer with other supporting services.

Corresponding Author's Email ibrahim.hamzat@kwasu.edu.ng
Keywords Globalization, Economic integration, Tele-migration and Outsourcing

Author

Ibrahim Bamidele Hamzat (Department of Business and Entrepreneurship Faculty of Management and Social Sciences, Kwara State University, Malete, Nigeria)

Presentation materials

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