Modelling Human Capital Resource Mobilisation Practices for Sustaining Business Productivity among Small Businesses in Nigeria
M. C. Okafor
Department of Accounting, Michael Okpara University, Nigeria.
J. C. Ihemeje
College of Management Sciences, Michael Okpara University, Umudike, Nigeria.
Efanga, Udeme Okon *
Department of Banking and Finance, Faculty of Management Sciences, University of Calabar, Nigeria.
Kayadi, Biradawa
Department of Banking and Finance, University of Maiduguri, Nigeria.
H. A. Yamta
Department of Banking and Finance, University of Maiduguri, Nigeria.
*Author to whom correspondence should be addressed.
Abstract
Human capital has long been argued as a critical resource in most companies for sustaining development of business productivity. The study empirically determined the effect of human capital resource capacity on sustainable increase in productivity of agro-allied small businesses in Nigeria. The instrumentality of this study is the research questions structured in a five-point likert scale. The Linear Regression Analysis used to test the hypotheses. Statistical Packages for Social Sciences (SPSS) was used to aid the data analysis. The study discovered that human capital has positive and significant effect on sustainable increase in productivity of agro-allied small businesses in Nigeria. The study recommended education the small business entrepreneurs on the benefits of equity financing as a viable option towards business growth and expansion.
Keywords: Human capital, resource mobilization, sustainable business productivity.