Cyberpreneurship and Economic Development of Small and Medium Enterprises
Cyberpreneurship and Economic Development of Small and Medium Enterprises

Summary/Abstract: The study evaluated the effect of Cyberpreneurship and Economic Development of Small and Medium Enterprises’ (SMEs) in Enugu State. The specific objectives were to: evaluate the effect of selling digital information product on employment generation and ascertain the effect of physical product on the income generation in Enugu State. The area of the study was selected SMEs of ICT centres in Enugu state. The study used the descriptive survey design approach. The primary source of data was the administration of questionnaire. A total population of 114 staff was used. The whole population was used due to small number. Eighty six (86) staff returned the questionnaire and accurately filled. Data was presented and analyzed using Likert Scale and the hypotheses using Pearson correlation coefficient (r). The findings indicated selling digital information product had significant positive effect on employment generation in Enugu State, Z (95, n = 211), 2.911 < 3.936 = p. < 0.05 and physical product had significant positive effect on the income generation in Enugu State, Z (95, n = 86), 2.696 < 4.367 = p. < 0.05. The study concluded that selling digital information product and physical products had significant positive effect on employment generation and income generation in Enugu State. The study recommended amongst others that the unemployed or youths should avail themselves the opportunity of equipping themselves with Cyberpreneurship skills that enhance the use of the internet in marketing of their business.

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