Effects of Innovativeness and Firm Resources on the Growth of Small Enterprises in the Ga South Municipality in Ghana

Abstract

This study sought to examine the effects of innovativeness and firm resources on the growth of small enterprises in the Ga South Municipality in Ghana. The study employed a quantitative approach using a cross sectional design. A sample of 188 registered small enterprises was selected from a population of 368 based on Krejcie and Morgan’s 1970 Table for determining sample size. Simple random sampling technique was used in selecting the sample for the study. Data were collected using a self-administered questionnaire with a response rate of 55 percent. Key findings were that innovativeness and firm resources both affected the growth of small enterprises in the Ga South Municipality. It was concluded that to enhance their growth, small enterprises must be encouraged to be more innovative, reinforce and maximise the effective use of resources.