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April 10, 2026Open Access

Government Policies, Technological Infrastructure, and the Performance of Small and Medium Enterprises in Oyo State, Nigeria

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STStudies Journal of Initiative and Transformation

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Overview

Descriptive research shows that government policies impact SME performance, suggesting the need for improved regulations and support.

Key Points

  • This research aims to investigate how government policies and technological infrastructure influence the performance of SMEs in Oyo State.
  • Employed a descriptive research design using a structured questionnaire
  • Sampled 381 SME managers through purposive sampling
  • Collected data from three senatorial districts
  • Analyzed data using descriptive statistics and simple linear regression
  • Trade regulations negatively influence SME performance (β = -0.454, p < 0.001)
  • Business data utilization has the strongest positive influence on performance (β = 0.589, p < 0.001)
  • Tax relief (β = 0.534, p < 0.001) and social media usage (β = 0.516, p < 0.001) positively affect performance
  • ICT adoption (β = 0.497, p < 0.001) and grant access (β = 0.434, p < 0.001) also enhance SME outcomes

Cite This Study

Studies Journal of Initiative and Transformation (2026) studied this question.

synapsesocial.com/papers/69d895486c1944d70ce063b4https://doi.org/10.5281/zenodo.19446900
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