Knowledge Retention Strategy and Performance of Small And Medium Enterprises in Ado-Ekiti Metropolis

Enitilo Olalekan; Ayodeji Muyideen Awolaja; Olumayowa Kabir Otulana

doi:10.47747/ijbme.v4i3.1152

Authors

Enitilo Olalekan Hallmark University
Ayodeji Muyideen Awolaja Ekiti State University
Olumayowa Kabir Otulana Olabisi Onabanjo University

DOI:

https://doi.org/10.47747/ijbme.v4i3.1152

Keywords:

Knowledge Retention, SMEs, Performance

Abstract

The study looked at the performance of small and medium-sized businesses in Ado-Ekiti Metropolis and their knowledge retention strategy. The study took the form of a descriptive survey research design. The study’s participants were 11,663 owners and managers of small and medium-sized businesses in the Ado-Ekiti Metropolitan Area. Yamane was used to collect 387 samples (1967). The study’s primary data was collected via a standardised questionnaire. Regression was used to examine the data collected. The findings show that all of the explanatory factors’ constructs have a significant impact on the performance of small and medium-sized businesses in Ado-Ekiti Metropolis.

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