Assessment of Indigenous Entrepreneurs in International Business (A Study of Coal- Camp), Enugu

ABSTRACT

This study is on performance of indigenous entrepreneurs in international business in Coal Camp Enugu. The survey research design was adopted and a sample size of 171 (one hundred and seventy one) was gotten using Taro Yamani formula. Questionnaire were administered to the respondents and 50 was returned, which was used for the analysis. The data for the study was analyzed using simple descriptive statistics of SPSS. Hypotheses were tested using the Chi-square. The study revealed that indigenous entrepreneur have various modes of entry into international business, there are some constraints confronting the development of indigenous enterprises such as poor management practices constrain the success of indigenous entrepreneur, lack of infrastructural facilities hinders the performance of entrepreneur, financial problems or inadequate capital by indigenous entrepreneurs hinders my improvement, poor management expertise is a problem to my development, to a great extent, government plays some roles towards the promotion and development of international business for indigenous entrepreneur, and it was also noticed that support are given to indigenous entrepreneurs by the government agencies to improve their performance in international business. Based on the research at hand, the researcher made the following recommendations: The government should put more effort in showing support and making it easy for indigenous entrepreneurs to participate in international business, the indigenous entrepreneurs should try and observe the state constraint confronting their performance in international business and also in their domestic trade, the government agencies which sees the affairs of the indigenous entrepreneurs should make sure that they keep to the standard of which any participant most adhere to and the indigenous entrepreneur at Coal Camp should always endeavour to have a good relationship with the government in other to have free trade without inviting law enforcement agencies.