Green Entrepreneurship Practices and the Sustainability of Small and Medium-Sized Enterprises in Akwa Ibom State, Nigeria

Udeme Anthony Abaikpa; Sunday Edet Otukonyong; Saviour Thaddeus Thompson

doi:10.61250/ssmj/v1.i4.5

Authors

Udeme Anthony Abaikpa Department of Business Management, Faculty of Management Sciences, University of Uyo, Akwa Ibom State, Nigeria Author https://orcid.org/0009-0007-9935-9791
Sunday Edet Otukonyong Department of Business Management, Faculty of Management Sciences, University of Uyo, Akwa Ibom State, Nigeria Author
Saviour Thaddeus Thompson Department of Business Management, Faculty of Management Sciences, University of Uyo, Akwa Ibom State, Nigeria Author

DOI:

https://doi.org/10.61250/ssmj/v1.i4.5

Keywords:

Green Entrepreneurship Practices, Sustainability, Small and Medium-Sized Enterprises, Akwa Ibom State, Nigeria

Abstract

This study examined the effect of green entrepreneurship practices on the sustainability of Small and Medium-Sized Enterprises (SMEs) in Akwa Ibom State, Nigeria. A descriptive cross-sectional survey research design was adopted, with data collected from 356 respondents using a structured questionnaire, achieving a 91.9% response rate. Descriptive and regression analyses were employed. Findings revealed a high level of adoption of green practices, with strong commitments to renewable energy (79.5%), financial resource allocation for environmental upgrades (77.8%), and process redesign (68.8%), though eco-friendly product development (64.3%) was the least adopted. Green practices positively contributed to SME sustainability, with 77.2% affirming enhanced community welfare and 74.7% reporting reduced operational costs. Regression analysis showed a very strong positive relationship (R = 0.864), with green practices explaining 74.7% of the variance in SME sustainability (R² = 0.747) and exerting a significant positive effect (β = 0.793, p < 0.05). The study concluded that green entrepreneurship significantly enhances SME sustainability. Recommendations include government incentives, green financing, and training programmes to facilitate adoption.

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