0704-883-0675     |      dataprojectng@gmail.com

An appraisal of strategic innovation and market disruption: A study of ICT firms in Bauchi State

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

Background of the Study

In today’s competitive business environment, strategic innovation is crucial for firms seeking to maintain a competitive advantage and disrupt established markets. Strategic innovation refers to the creation and implementation of new business models, products, services, or processes that significantly alter market dynamics and create value for customers (Voss & Heller, 2023). The Information and Communications Technology (ICT) sector, in particular, is characterized by rapid technological changes, fierce competition, and continuous market disruption. For ICT firms in Bauchi State, Nigeria, the ability to strategically innovate is essential for staying ahead in a fast-paced, dynamic market.

Bauchi State, while not traditionally seen as a hub for the ICT sector in Nigeria, has witnessed significant growth in technology adoption, particularly in urban areas. However, ICT firms in the region face challenges such as limited infrastructure, skill gaps, and the need for continuous innovation to meet the evolving demands of consumers (Jamil & Usman, 2024). Strategic innovation can enable these firms to not only survive but thrive by differentiating themselves from competitors, offering unique products or services, and capturing market share.

Previous research has highlighted the importance of strategic innovation in enabling firms to disrupt existing markets, create new value propositions, and build sustainable competitive advantages (Liu et al., 2024). However, there is limited research on how ICT firms in Bauchi State are adopting strategic innovation to drive market disruption. This study aims to explore the role of strategic innovation in the ICT sector in Bauchi State and how it influences market disruption and competitiveness.

Statement of the Problem

Although strategic innovation is recognized as a key driver of market disruption, many ICT firms in Bauchi State are still grappling with the challenges of adopting innovative strategies. While some firms have adopted new technologies, most struggle to fully integrate strategic innovation into their business models due to barriers such as limited access to capital, a lack of skilled labor, and regulatory constraints (Jamil & Usman, 2024). The problem is compounded by the limited understanding of how strategic innovation can lead to market disruption and improved competitiveness in the region’s ICT sector. This research will address this gap by examining the relationship between strategic innovation and market disruption in ICT firms operating in Bauchi State.

Objectives of the Study

1. To evaluate the role of strategic innovation in driving market disruption within ICT firms in Bauchi State.

2. To assess how strategic innovation influences the competitive positioning of ICT firms in Bauchi State.

3. To provide recommendations for ICT firms on adopting strategic innovation to enhance competitiveness and market disruption.

Research Questions

1. How does strategic innovation drive market disruption in ICT firms in Bauchi State?

2. What are the key factors driving strategic innovation in the ICT sector in Bauchi State?

3. How does strategic innovation impact the competitiveness of ICT firms in Bauchi State?

Research Hypotheses

1. There is a significant relationship between strategic innovation and market disruption in ICT firms in Bauchi State.

2. Strategic innovation enhances the competitive positioning of ICT firms in Bauchi State.

3. ICT firms in Bauchi State that adopt strategic innovation are more likely to experience market disruption compared to those that do not.

Scope and Limitations of the Study

This study will focus on ICT firms located within Bauchi State, Nigeria, specifically small and medium-sized enterprises (SMEs) in the sector. The research will examine the role of strategic innovation in driving market disruption and improving competitiveness. Limitations include potential biases in responses from firm owners and managers, as well as challenges in obtaining comprehensive data due to the rapidly changing nature of the ICT industry.

Definitions of Terms

• Strategic Innovation: The process of creating and implementing new business models, products, services, or processes that significantly alter the competitive landscape (Voss & Heller, 2023).

• Market Disruption: The process by which new entrants or innovations create significant changes in the competitive dynamics of a market, often displacing established firms (Liu et al., 2024).

• ICT Firms: Companies engaged in the development, application, and provision of information and communication technology services and products (Jamil & Usman, 2024).

 





Related Project Materials

An Evaluation of Smart Tourism and the Use of IoT in Kano’s Hospitality Industry

Background of the Study

Smart tourism integrates advanced technologies, including the Internet of Things (IoT), to enhan...

Read more
AN ASSESSMENT INTO THE DESIGN AND IMPLEMENTATION OF ONLINE RADIO STREAMING APPLICATION

BACKGROUND TO THE STUDY

A radio streamer is a piece of software or an entire system that, in order to l...

Read more
The Role of Development Communication in Voter Education in Katsina Local Government Area, Katsina State

Chapter One: Introduction

1.1 Background of the Study
Voter education plays a vital role in ensu...

Read more
A Comparative Study of In-House IT Management vs. IT Outsourcing: A Case Study of SMEs in Kebbi State

Background of the Study

Information Technology (IT) is pivotal to modern business operations. The decision to manage IT functions in-hous...

Read more
THE INCIDENCE OF DRUG ABUSE AMONG SECONDARY SCHOOL STUDENTS

ABSTRACT

This research was aimed at investigating the incidence of drugs abuse among secondary school s...

Read more
THE EFFECT OF AGBARHO SLAUGHTERHOUSE EFFLUENT ON THE AGBARHO RIVER WATER

ABSTRACT

Direct discharge of Slaughter houses effluents into water bodies contributes to problem of water pollution. Thi...

Read more
The Effectiveness of Auditing in Enhancing Budgetary Controls in Bauchi Local Government Area

Background of the Study

Budgetary control is a critical element in financial management, ensuring that local governments...

Read more
The Impact of Budgetary Control on Public Secondary School Performance in Lagos State

Background of the Study

Budgetary control, an integral part of financial management, e...

Read more
ANALYSIS OF FACTORS INFLUENCING THE IMPLEMENTATION OF SAFETY MANAGEMENT SYSTEM FOR CONSTRUCTION SITES IN OWERRI

ABSTRACT

This study was carried out to examine factors influencing the implementation of safety management system for construction s...

Read more
An Assessment of Government Policies in Promoting Clean Energy Use in Gusau Local Government, Zamfara State

Chapter One: Introduction

1.1 Background of the Study

In Nigeria, the growing concerns over environmental degradation and the n...

Read more
Share this page with your friends




whatsapp