Data on the relationships between financing strategies, entrepreneurial competencies and business growth of technology-based SMEs in Nigeria

Ayodotun Stephen Ibidunni; Oladele Joseph Kehinde; Oyebisi Mary Ibidunni; Maxwell Ayodele Olokundun; Falola Hezekiah Olubusayo; Odunayo Paul Salau; Taiye Tairat Borishade; Peter Fred

Data in Brief (Jun 2018)

Data on the relationships between financing strategies, entrepreneurial competencies and business growth of technology-based SMEs in Nigeria

Ayodotun Stephen Ibidunni,
Oladele Joseph Kehinde,
Oyebisi Mary Ibidunni,
Maxwell Ayodele Olokundun,
Falola Hezekiah Olubusayo,
Odunayo Paul Salau,
Taiye Tairat Borishade,
Peter Fred

Affiliations

Ayodotun Stephen Ibidunni: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria; Corresponding author.
Oladele Joseph Kehinde: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria
Oyebisi Mary Ibidunni: Department of Accounting, Bells University of Technology, Ota, Ogun State, Nigeria
Maxwell Ayodele Olokundun: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria
Falola Hezekiah Olubusayo: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria
Odunayo Paul Salau: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria
Taiye Tairat Borishade: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria
Peter Fred: Department of Business Management, Covenant University, Ota, Ogun State, Nigeria

Journal volume & issue: Vol. 18
pp. 988 – 991

Abstract

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The article presents data on the relationship between financing strategies, entrepreneurial competencies and business growth of technology-based SMEs in Nigeria. Copies of structured questionnaire were administered to 233 SME owners and financial managers. Using descriptive and standard multiple regression statistical analysis, the data revealed that venture capital and business donations significantly influences profit growth of technology-based SMEs. Moreover, the data revealed that technology-`based firms can enhance their access to financing through capacity building in entrepreneurial competencies, such as acquiring the right skills and attitude. Keywords: Financing strategies, Entrepreneurial competencies, Technology-based SMEs, SMEs business growth, SME performance

Published in Data in Brief

ISSN: 2352-3409 (Online)
Publisher: Elsevier
Country of publisher: United States
LCC subjects: Medicine: Medicine (General): Computer applications to medicine. Medical informatics; Science: Science (General)
Website: http://www.journals.elsevier.com/data-in-brief/

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