Global Journal of Management and Business Research, A: Administration and Management, Volume 22 Issue 7

IV. D ata A nalysis T echniques The multiple regression techniques were used to assess the relationship between the variables. Strategic Entrepreneurship Alliance is measured by vertical integration (Forward Integration (FOI) & Backward Integration (BAI)) and Horizontal Integration (HOI), while sustainable growth of small businesses (SGSBS) is the dependent variable. This study adopted the model ofIgbokwe, and Elikwu (2019) with slight modifications as stated below. STENAL = f (FOI + BAI + HOI)..................................................................... (1) Therefore, the specific model for the independent variable adopted is: STENAL = f (FOI, + BAI + HOI ;) .................................................................... (2) Where: STENAL = Strategic Entrepreneurship Alliances (SEA) FOI = Forward Integration BAI = Backward Integration HOI = Horizontal Integration STENAL= Strategic Entrepreneurship Alliances SGSBS = f(FOI, + BAI2 + HOI:)………………………………………………....(3) The econometric equation for the model is specified as SGSBS = Bo + B,FOI + BABAI2 + B3HOI; + u/......................................................(4) V. R esults and D iscussions Test of Hypotheses The two formulated hypotheses in this study were approached with the aid of t-statistics contained in the regression results at 5% significance. Regression Results on the impact of strategic entrepreneurship alliances (FOI, BAI, HOI) on small business's growth sustainability Model 1: SGSBS = Bo + B, FOI1 + B2BAI2 + B3HOI: + u............................................ (5) Included observations: 488 Table 4.1: Regression Result Variables Coefficient Std Error t-Statistic Prob. FOI 0.162376 0.043547 3.728819 0.0002 BAI 0.025632 0.051432 2.498359 0.6186 HOI 0.101348 0.036974 2.741118 0.0065 C 0.150939 0.366459 1.411886 0.6807 R-squared 0.618419 Mean dependent var 8.098327 Adjusted R-Squared 0.613549 S.D dependent var 3.121032 S.E of regression 1.940199 Akaike info criterion 4.177994 Sum Squared resid 1773.019 Schwarz criterion 4.239056 Log Likelihood -991.5405 Hannan – Quinn Criter 4.201999 F-statistic 127.2176 Durbin-Water Stat 1.539894 Prob (F-Statistics) 0.001886 Source: Authors’ Computation, 2022 (E-views 12.0) SGSBS = 0.15 + 0.16 FOI + 0.03 BAI + 0.10 HOI ……………………………….. (6) SEE = 0.36: 0.04, 0.05, 0.03 t*= 1.42: 3.73, 2.49, 2.80 F*= 127.2: Prob (F-statistic) = 0.0019 R2 = 0.6184: Adj. R2 0.6141 Strategic Entrepreneurship Alliances and Sustainable Growth of Small Businesses in Nigeria: The Nexus 17 Global Journal of Management and Business Research Volume XXII Issue VII Version I Year 2022 ( ) A © 2022 Global Journals