An empirical study of the impact of technology innovation system on small-scale business in Nigeria: a study of some selected retail outlets in Bauchi

Umar, Abdullahi and Wahab, Eta (2013) An empirical study of the impact of technology innovation system on small-scale business in Nigeria: a study of some selected retail outlets in Bauchi. In: 2nd International Conference on Technology Management, Business and Entrepreneurship 2013 (ICTMBE 2013) , 4-5 December 2013, Melaka, Malaysia .

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Abstract

This study assesses the technological innovation system of small-scale businesses (SSBs) in Nigeria with a focus on some selected retail outlets in Bauchi town. The study was necessitated to authenticate the proposition made by a number of professionals that firms with functioning innovation system are more likely to adopt new technologies and become more successful in Nigerian market. The study focused on System functions approach in view of it evaluative character; hence, suitable for the evaluation of an innovation system performance. Two questions were asked – Q1: Does technological innovation system determine innovation adoption in smallscale businesses? Q2: Is Technological Innovation System instrumental to the performance of small-scale businesses in Nigeria? To gather relevantdata, twenty (20) entrepreneurs were interviewed in addition to the literature reviewed; and simple descriptive analysis was employed to weigh the questions. It was found that technological innovation system also determines the adoption of innovation by SSBs; it was also found to be instrumental to the performance of small-scale businesses in Nigeria, specifically in terms of profitability and capacity utilization.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:innovation system; system functions; technology; small-scale business
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > HD45-45.2 Technological innovations. Automation
Divisions:Faculty of Technology Management and Business > Department of Technology Management
ID Code:5077
Deposited By:Normajihan Abd. Rahman
Deposited On:09 Jun 2014 16:34
Last Modified:21 Jan 2015 15:31

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