AbstractThis study aims to analyse the impact of Entrepreneurial Competencies, Innovation,
and Business Success among owners and managers in Small and Medium Enterprise (SMEs) to address the
high rate of business failure. Quantitative approaches through the use of survey were used in this
study. Data were collected using questionnaires involving 407 owners and managers of SMEs in
manufacturing, services and other sectors. Respondents were chosen using using Stratified Random
Sampling technique. Multiple Regression Analysis indicated that 53 percent of the variation in
Business Success were explained by Entrepreneurial Competencies and Innovation. The findings also
showed that Entrepreneurial Competencies contributed significantly to Business Success (β=0.190,
S.E=0.051) and Innovation (β=0.198, S.E=0.013). Further, Innovation contributed significantly to
Business Success (β=1.035, S.E=0.226). This study also showed that Innovation served as partial
mediator betwe.....