TECHNOLOGY INNOVATIONS FOR GROWTH OF SMES IN NIGERIA; THE ROLE OF MANAGEMENT
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Abstract
There is no doubt that new or improved product or process of production continues to create firm’s competitive advantage over others in the market. This study examined the impact of research and development (R&D) expenditure, product and process innovations on small and medium enterprises (SMEs) performance in the manufacturing industry in Nigeria using a survey of 1,000 SMEs with a response rate of 52.1% in year 2009. The results with least squares method showed that R&D spending by the firms as well as product and process innovation has significant impacts on the firm’s performance with the probability value of 0.0529, 0.0624 and 0.0086 respectively at 10% level of significant. Also, training of workforce constitutes the major innovation activities in the Nigerian manufacturing SMEs as against in-house and outsourced R&D activities. This study suggests improvement in R&D spending and other technological activities which are expected to increase SMEs’ profitability and thus generate more employment in the country.
Related Project Materials
EXPLORING THE ROLE OF RELIGIOUS LEADERS IN POLITICAL ACTIVISM IN NIGERIA (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)
EXPLORING THE ROLE OF RELIGIOUS LEADERS IN POLITICAL ACTIVISM IN NIGERIA (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)
Chapter On...
AN EXAMINATION OF THE ATTITUDE OF THE NIGERIAN COURTS TO THE USE OF INTRINSIC AND EXTRINSIC AIDS IN THE INTERPRETATION OF STATUTES
Background to the Study
The doctrine of separation of power entails the divisions of power among the different organs of...
An assessment of the geopolitical challenges affecting water resource management in Birnin Kebbi Local Government Area, Kebbi State
Background of the Study
Birnin Kebbi Local Government Area (LGA) in Kebbi State, located in the northwestern part of Nigeria, faces signific...
An Assessment of Government Policies in Ensuring Food Safety in Daycare Centers in Ogun State
Background of the Study
Government policies play a pivotal role in safeguarding public health by setting...
The Effect of Flipped Classrooms on Nursing Students’ Engagement in Gombe State College of Nursing and Midwifery
Background of the Study
The traditional lecture-based approach in nursing education has often been criticized for prom...
QUALITY CARE: A TOOL IN ENHANCING PATIENT INFLOW IN PRIMARY HEALTH CARE
BACKGROUND OF THE STUDY
Primary health care is often regarded as the most cost-effective method for pro...
STRATEGIES FOR IMPROVING INSTRUCTIONAL DELIVERY IN THE TEACHING AND LEARNING OF AGRICULTURAL SCIENCE IN JUNIOR SECONDARY SCHOOL
Background of the Study
Over a century ago, Nigeria was an agro-economy-based nation. Then Nigerian eco...
An Investigation of Semantic Networks in Nigerian Youth Slang: A Case Study of Instagram Language
Background of the Study
Nigerian youth slang has emerged as a vibrant linguistic phenomenon, particularly on social media...
An assessment of the role of adult literacy in preserving cultural heritage among ethnic minorities in Jalingo Local Government Area, Taraba State.
Background of the Study
Adult literacy programs have traditionally focused on improving basic reading and writing skills, yet their poten...
An examination of the economic effects of trade agreements on Nigeria’s export sectors: Evidence from the Ministry of Trade (2000–2020).
Background of the Study :
Trade agreements play a pivotal role in shaping export performance by influencing market access,...
