Title: Formal Education And Entrepreneurial Innovativeness Of Small And Medium Enterprises In Egbemo-Angalabiri, Bayelsa State, Nigeria
Authors: DICK, DIEPRIYE I.J. Ph.D, SEIBOKURO, TEIDEI JENNIFER, WILSON, EBITIMI FLORENCE, Ph.D
Volume: 9
Issue: 8
Pages: 106-116
Publication Date: 2025/08/28
Abstract:
This study investigated the relationship between Formal Education and Entrepreneurial innovativeness of Small and Medium Enterprises (SMEs) in Egbemo-Angalabiri, Bayelsa State. The study employed a quantitative research method, using a cross-sectional survey research design and Pearson Product Moment Correlation, the study specifically examines the relationship between organizational learning, practical knowledge development and innovativeness among SMEs. The findings reveal a strong positive correlation between organizational learning and innovativeness and a very strong positive correlation between practical knowledge development and innovativeness. The results suggest that formal education, through organized learning and practical knowledge development, plays a crucial role in enhancing innovativeness among SMEs, leading to improved entrepreneurial innovativeness. The study concludes that formal education improves entrepreneur innovativeness. The study recommends that SMEs managers should be involved in formal entrepreneur education through learning and practical knowledge development. This will bring about entrepreneurs innovativeness.