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Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria

Authors: NNOROM Goodluck

Publication Type: Journal article

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Abstract

This study investigates the relationship between intellectual capital and performance sustainability of SMEs in Lagos State. It examined the level of intellectual capital adoption, the influence of human and spiritual capital or the performance of SMEs in Lagos State. The descriptive survey design was adopted for the study. The population of the study consisted of 4,535 SMEs in Lagos registered with Smedan. The Raosoft web based sample calculator was used to arrive at a sample size of 531. A 30% non-response rate was applied to arrive at a final sample of 690. A mixed method sampling was adopted. A structured questionnaire titled Intellectual Capital and Performance of SMEs was validated and administered with 92% response rated. Cronbach alpha reliability for major constructs ranged between 0.7 and 0.965. The data collected was analysed using linear regression analysis. Findings revealed that there is a significant relationship between intellectual capital and performance sustainability of small and medium scale enterprise. Each of the sub-variables included in the study (Human Capital r=0.986, r2 0.972, adj. r2 = 0.972, p=0.00 Spiritual Capital r = 0.994, r2 = 0.988, adj. r2 = 0.988 p = 0.00) significantly affected the performance sustainability of SMEs in Lagos State. In conclusion, intellectual capital practice positively influences the performance sustainability of SMEs in Lagos State. This study thus recommends that for a viable SME subsector, emphasis should be placed on human capital and spiritual capital in synergistic manner.

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NNOROM,G. . (0000). Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria, 0 (), 0-0.

NNOROM,G. . "Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria" 0, no (), (0000): 0-0.

NNOROM,G. and . (0000). Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria, 0 (), pp0-0.

NNOROMG, . Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria. 0000, 0 ():0-0.

NNOROM,Goodluck , . "Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria", 0 . (0000) : 0-0.

N.Goodluck , "Intellectual Capital and Performance Sustainability of SMEs in Lagos Nigeria" vol.0, no., pp. 0-0, 0000.

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