Entrepreneurial Growth of Micro-Enterprises During the COVID-19 Lockdowns.
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Date
2023
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Abstract
The purpose of the study was to examine entrepreneurial growth of micro enterprises during the Covid 19 Lockdowns with Soroti City as a case study. The researcher used a cross sectional survey alongside the mixed research design. This involved integrating the quantitative and qualitative analytical procedures in the study and conclusions were done after the data collection. Data was collected in the month of November 2022. The sample size was 346 micro enterprises and the selection was done by convenient sampling within Soroti City. Out of the 346 interviews, only 276 were considered, putting the response rate to 80%. Personal interviews using structured and semi-structured interview guide to collect quantitative data and qualitative data respectively. Quantitative data was analysed using SPSS and while content analysis was done for qualitative data. The findings of the study revealed a significant and positive relationship between access to capital and entrepreneurial growth of Soroti City micro enterprise during the COVID-19 lockdowns (r=.536, P<.01). This implies that access to capital is very substantial to the growth of Soroti City micro enterprises. In addition, there was also a significant and positive relationship between market expansion and entrepreneurial growth of Soroti City micro enterprise during the COVID-19 lockdowns (R=.809, P<.01). Finally, the findings of the study equally revealed that, there was a significant and positive relationship between innovation and entrepreneurial growth of Soroti City micro enterprise during the COVID-19 lockdowns (R=.540, P<.01). The regression results showed that access to capital, market expansion and innovation were significant predictors of entrepreneurial growth during the lockdowns explaining 55.9% variance. From the study, it was recommended that to achieve entrepreneurial growth during the time of business shocks, micro enterprises should build business models to help them survive during business shocks and crises.
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A Dissertation Submitted to Makerere University Business School (Faculty of Graduate Studies and Research) in Partial Fulfilments of the Requirements for the Award of the Degree of Masters of Science in Entrepreneurship of Makerere University. (PLAN A).
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Juliet, A (2023) Entrepreneurial Growth of Micro-Enterprises During the COVID-19 Lockdowns : A Case Study of Soroti City. Unpublished Masters Dissertation Makerere University Business School. Kampala, Uganda.