Innovative Behaviour and Firm’s Performance in the Nigerian Manufacturing Sector

Olayemi, Olufemi Olabode and Okonji, Patrick Sunday and Oghojafor, Ben E. Akpoyomare and Orekoya, Ibrahim Oluwapelumi (2020): Innovative Behaviour and Firm’s Performance in the Nigerian Manufacturing Sector. Published in: Nigerian Journal of Management Studies , Vol. 20, No. 1 (June 2020): pp. 98-105.

Abstract

The paper examined innovative behaviour and firm’s performance in the Nigerian manufacturing industry. Relevant literatures have emphasized the need to make a strong relevance for innovativeness to act as a catalyst for innovation to occur in the firm. While there has been significant research evidence on the conceptualization of innovation, more of the studies have focused on the descriptive nature of innovation. The population of the study was the staff in the selected company and questionnaire was distributed on the company’s sample. The study employed the univariate analysis of variance (ANOVA) to ascertain the statistical significance and the level to which innovativeness give rise to variation in firm’s performance in the selected organization. The study emphasized the immense benefit manufacturing firms and industrial policy makers will make towards the attainment of innovativeness to contribute adequately to the economic development of the nation and the social well-being of the citizens.

• Item Type: MPRA Paper
• Language: English
• Keywords: Innovativeness; Innovation; Firm’s Size; Firm’s Performance
• Subjects: L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior; L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification, and Scope; L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L26 - Entrepreneurship; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M10 - General; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O32 - Management of Technological Innovation and R&D

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