государственная поддержка,
государственная политика,
малые и средние предприятия,
МСП,
индустрия моды,
лицензирование,
налоговое регулирование,
эффективность
Abstract
Nigerian Small and Medium Enterprises (SMEs) face unique challenges including intellectual property concerns, export licensing complexities, and industry-specific tax regulations. By concentrating on SMEs in the Southwest, the study examines the impact of State support policies on the performance of small and medium-sized businesses in Nigeria with a focus on with significant fashion clusters such as Lagos, Ogun, Oyo, Osun, Ondo, and Ekiti. The purpose of the study is to analyze the management of government support and the effectiveness of SMEs in the fashion industry in Nigeria. Research objectives are to assess the impact of intellectual property regulations, examine export facilitation policies, and evaluate tax incentives on fashion industries as well as to determine licensing efficiency for fashion enterprises in the region. A survey research design was used with 384 fashion industry SMEs registered under Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). The results of multiple linear regression analysis showed that government policies significantly improve the performance of fashion SMEs (R2 = 0.623). According to the report, customized government policies are crucial for improving the performance of fashion SMEs in the southwest region of Nigeria. The strong positive relationships that exist between SMEs' performance and different state assistance programs highlight the necessity of designing policies strategically while taking the particular dynamics of the fashion sector into account. In order to promote innovation, development, and global competitiveness, the government may modify regulatory frameworks to meet the unique requirements of fashion companies. The results indicate that successful policy interventions can serve as catalysts for economic growth, bolstering a thorough understanding of the connection between institutional mechanisms and business performance.
