Sectoral contributions of small scale industrial enterprises to regional development in Ondo State, Nigeria

Afolabi Francis FATUSIN

Published: 2020-12-01

Vol. 14 No. 3 (31) (2014)

Sectoral contributions of small scale industrial enterprises to regional development in Ondo State, Nigeria

Afolabi Francis FATUSIN

Abstract

While development effects of small scale industries is not in doubt, this study examined the relative contributions of different sectors of this industrial sub group to regional development, with a view to isolating the most important contributors to development in Ondo state. The study made use of 353 questionnaire which was administered on proprietors of small scale industries in the state proportionately. Data were also derived from agencies and ministries of government that were responsible for formulating and implementing policies on small scale industries. Data collected were subjected to descriptive and inferential statistic. Objective criteria 6 - 1 were used to rank proprietors views on degree of contribution of each sector to development of the state. Total scores were derived for each industrial sector. Score were presented in bar graphs and further subjected in to factor analysis, where highest factor loadings of 0.723, 0.615 and 0.766 were derived for food/agro based, consumer products and industrial/ construction products small scale enterprises among all categories of small scale enterprises. The study was therefore able to isolate these three subsectors as the major contributors to regional development of the state.

Keywords:

small scale industries, industrial sectors, regional development

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FATUSIN, A. F. (2020). Sectoral contributions of small scale industrial enterprises to regional development in Ondo State, Nigeria. Economic and Environmental Studies, 14(3 (31), 201–220. Retrieved from https://czasopisma.uni.opole.pl/index.php/ees/article/view/2879

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