Strategic Networking and Relational Capabilities of Agro-Allied Small and Medium Enterprises in Bayelsa State, Nigeria
Keywords:
Agro-allied, SMEs, Bayelsa State, strategic networking, relational capabilitiesAbstract
The focus of this paper bordered on assessing the relationship between strategic networking and relational capabilities of agro-allied Small and Medium Enterprises (SMEs) in Bayelsa State. The study adopted the correlational design and using the structured questionnaire, generated data from 17 agro-allied SMEs (land cultivation and fishery) in Bayelsa State. Related hypotheses testing addressed the relationship between strategic networking and relational capabilities outcomes such as co-innovation, co-adaptation, and co-efficiency. Results revealed all null hypotheses to be false as all three relationships were significant and positive; suggesting that the behaviour and relative actions of agro-allied SMEs in Bayelsa, can be explained and predicted from the perspective or lens of their strategic networks. It was thereafter concluded that the deliberate and purposive approach toward networking and partnerships by agro-allied SMEs, enhances not only their individual capacities but also advances the health, growth, and development of the industry as well.