期刊名称：Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
印刷版ISSN：2284-8576
电子版ISSN：2247-8582
出版年度：2019
卷号：3
页码：11-22
出版社：Petroleum-Gas University of Ploiesti
摘要：This study thus focused on the entrepreneurial potential and financial performance of cashew processors
in Kogi State. The study used a research survey design, and was conducted on Cashew Processors in
Kogi State. Purposive sampling was adopted and 300 cashew processors were selected in Kogi State.
Questionnaire was used and the reliability of the instrument was established through the Cronbach
Coefficient alpha (α). The results of reliability test for the constructs are adequate sophisticated
technology (α = 0.808); adequate capital (α = 0.888); infrastructure inadequacy (α = 0.745); availability
of adequate information (α = 0.708); and inadequate support or motivation from government (α = 0.721).
Data were gathered and analyzed using Descriptive Statistics, Principal Component and Probit
regression analysis. Findings show that unavailability of adequate information, inadequate sophisticated
technology and infrastructure inadequacy are prime constraints on the conversion of the entrepreneurial
potential of cashew processors in Kogi State; while inadequate capital and inadequate sophisticated
technology are significantly inverse on the financial performance of cashew processors in Kogi State. The
study concluded that if cashew processors are supported to prevent the constraints, the economy of Kogi
State is likely to benefit in the area of job creation and poverty reduction. This study therefore
recommended that the government and other economic stakeholders should support cashew processors in
the aspects of capital adequacy, sophisticated technology and infrastructure adequacy so that their
entrepreneurial potentials can be utilized.
