Eniola, Anthony Abiodun*
Landmark University, Omu-Aran, Nigeria (email@example.com)
Dada, Duro Amos
Achievers University, Owo, Nigeria (firstname.lastname@example.org)
This research reviews the role of entrepreneurial self-efficacy and institutional environment in entrepreneurial orientation and development of a successful entrepreneurship-based SME. The aim is to integrate institutional environment, self-efficacy, to address afore mentioned challenges to entrepreneurship-based SME’s development in Nigeria. The review encouraged the role of entrepreneurial self-efficacy and institutional environment in the development of a successful entrepreneurship-based SME. Entrepreneurship is an important engine for sustainable economic development irrespective of the social, economic and geopolitical conditions. However, developing and maintaining an effective entrepreneurship-based small and medium enterprise (SME) is a significant challenge.
Keywords: entrepreneurial orientation; self-efficacy; institutional environment; SMEs; Nigeria