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An Investigation of Strategic Agility and Business Performance: A Case Study of Technology Startups in Kwara State

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
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  • Recommended for :
  • NGN 5000

Background of the Study

Strategic agility refers to an organization's ability to anticipate and respond to changes in its business environment, leveraging opportunities for sustained performance. For technology startups, agility is essential due to the fast-paced and disruptive nature of the tech industry (Doz & Kosonen, 2023).

In Kwara State, technology startups are emerging as critical drivers of innovation and economic growth. However, many face challenges such as limited funding, regulatory constraints, and fierce competition, which hinder their ability to remain agile and competitive (Adewale & Sanni, 2024).

This study explores the relationship between strategic agility and business performance in technology startups in Kwara State, providing actionable insights for improving competitiveness and growth.

Statement of the Problem

Technology startups in Kwara State operate in an environment characterized by rapid technological advancements and evolving market demands. The inability to maintain strategic agility often leads to poor performance, stunted growth, and business failure (Bello & Musa, 2025).

While strategic agility has been widely studied, its specific impact on business performance in the context of technology startups in Kwara State remains underexplored. This study aims to bridge this gap by examining the role of strategic agility in enhancing startup performance.

Objectives of the Study

  1. To analyze the role of strategic agility in the performance of technology startups in Kwara State.
  2. To evaluate the relationship between agility and innovation in technology startups.
  3. To identify challenges faced by technology startups in achieving strategic agility.

Research Questions

  1. What role does strategic agility play in the performance of technology startups in Kwara State?
  2. How does agility influence innovation in technology startups?
  3. What challenges hinder the agility of technology startups in Kwara State?

Research Hypotheses

  1. Strategic agility significantly influences the performance of technology startups.
  2. Agility positively impacts innovation in technology startups.
  3. Challenges in maintaining agility negatively affect startup growth and sustainability.

Scope and Limitations of the Study

The study focuses on technology startups in Kwara State, analyzing strategic agility and performance from 2023 to 2025. It excludes startups in other sectors and states. Limitations include variations in startup maturity levels and challenges in obtaining financial performance data.

Definitions of Terms

  • Strategic Agility: The ability of an organization to quickly adapt strategies in response to environmental changes.
  • Business Performance: The measure of an organization’s success in achieving its goals and objectives.
  • Technology Startups: Newly established companies focused on developing and delivering technological products or services.




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