THE EFFECTS OF ENTREPRENEURIAL SKILL ON PRODUCT PORTFOLIO DEVELOPMENT (A STUDY OF MEDIUM SCALE ENTERPRISES IN LAGOS)
ABSTRACT
This research work examined the effects of entrepreneurial skill on product portfolio development of medium scale enterprise in Lagos. It is important for business owners (be it a small medium scale enterprises operator or large scale enterprise), who aspire for optimum success in their endeavour to take cognisance of the essential entrepreneurial skills which will aid the effective achievement of their organization goal and objective. The research design adopted for the study is survey research design. The main instrument used was self administered questionnaires. The data obtained from the questionnaires were analysed using mean, median mode and standard deviation. Two hypotheses were tested using Z-test at 0.05% level of  significance. The analysis done reveal that there is significant relationship between entrepreneurship skills and product portfolio development. Also, co-operation between small medium scale entrepreneurs and research institutes, for exploitation of research findings of these institutes should be encouraged in order to achieve development in general was recommended.
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 TABLE OF CONTENT
                                                               Pages
Acknowledgement                                                            iv
Abstract                                                                           v
Table of content                                                                      vi
CHAPTER ONETitle page                                                                        i
Certification                                                                    ii
Dedication                                                                               iii
INTRODUCTION
1.1  Background of the study                                         1
1.2  Statement of the problem                                        6
1.3  Objectives of the study                                           7
1.4  Research of the questions                                        7
1.5  Statements of research hypotheses                          8
1.6  Significance of the study                                        8
1.7  Limitations of the study                                          9
1.8  Definition of terms                                                  9
CHAPTER TWO
LITERATURE REVIEW
2.1  Introduction                                                            11
2.2  Theoretical frame work                                            12
2.3  Conceptual framework                                             20
2.4 Â Extant literature review on the efficacy of
entrepreneurial skill on organization performance            28
2.5 Â Factors that predispose firms to ensure healthy
product portfolio                                                             36
2.6  Hindrance to entrepreneurial skill development       55
CHAPTER THREE
RESEARCH METHODOLOGY
3.0  Introduction                                                           61
3.1  Population of the study                                            62
3.2  Characteristics of population of the study                62
3.3  Sampling size/sampling techniques                         62
3.4  Re statement of research questions                          63
3.5  Re-statement of research hypotheses                               63
3.6  Test of reliability/ test of validity                                    64
3.7  Research design                                                               64
3.8  Data analysis tool                                                    66
CHAPTER FOUR
DATA ANALYSES OF THE RESEARCH QUESTIONS AND HYPOTHESES
4.1  Introduction                                                            67
4.2 Â Analysis of part 1 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 68
4.3  Analysis of responses to part two of the questionnaire      70
4.4 Data analysis and presentation of analysis hypotheses     87
4.5  Discussion of hypotheses                                         90
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1  Introduction                                                           91
5.2  Summary of findings                                                91
5.3 Â Conclusion:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 93
5.4  Recommendations                                                   94
5.5  Limitation of the study                                            95
5.6  Suggestion for future research                                 95          Questionnaire                                                          96
Bibliography                                                            100
Chapter one
introduction
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1.1 background of the study:
The success or failure, of any organization product offering(s), be it goods or services, depends immensely on the strategies and technologies used in developing, maintaining and sustaining such products or services in the target market. The extent to which these responsibilities/duties/tasks are successfully carried out is as a result of the unusual skills, experience and ability possessed by the owner (entrepreneur), of the said business organization; to effectively co-ordinate the human and material resources in that organization, in order to achieve the stated organisation objectives either to make profit or community service rendering.
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THE EFFECTS OF ENTREPRENEURIAL SKILL ON PRODUCT PORTFOLIO DEVELOPMENT (A STUDY OF MEDIUM SCALE ENTERPRISES IN LAGOS)
