Small and Medium Scale Enterprises and Industrial Growth in Nigeria (Published)
Infrastructural constraints in Nigeria militate against efficient performance of Small and Medium Scale Enterprises (SMEs) and adversely affect industrial growth in the country. The objective of the study was to determine the relationship that exists between manufacturing SMEs production and industrial growth in Nigeria. Secondary data were sourced from the Central Bank of Nigeria statistical bulletin and National Bureau of Statistics publications for the period 2002-2016, and regression analysis was used in analysing the data. Findings of the study revealed that manufacturing SMEs production has a statistical significant relationship with industrial growth in Nigeria. This implies that manufacturing SMEs are capable of accelerating industrial growth through their contributions to the economy. The study, however, advocates more government intervention of facilitating access to concessional funds to SMEs to trigger SMEs sustainable growth and industrial growth in Nigeria.
Keywords: Industrial Growth, Nigeria, Small and Medium Scale Enterprises (SMEs)
EXPLORING THE IMPACT OF PRODUCT AND PROCESS INNOVATIONS ON FIRM SECTOR, OWNERSHIP TYPE, SIZE AND ACTIVITY PERFORMED (Published)
This study was carried out to assess the impact of firm’s demographic information on their perception about product and process innovation. Four demographic variables, namely: sector, type of ownership, company size, and main activity of the firms were chosen as predictors, and their relationship with the two dependent variables: product and process innovations were studied. A total of eight hypotheses were formulated, linking each predictor to both dependent variables, individually. Based on the questionnaire designed, the questions were aimed at determining firms’ perceptions towards product and process innovations in their firms. A simple random sampling was employed to choose firms within the manufacturing and service sector from SMEcorps Malaysia data based, and contact was established via survey to all the selected firms. The data collected was processed using SPSS and analyzed through One-Sample T-test and ANOVA. It was seen that none of the predictors caused a significant variation in SMEs firm perceptions with respect to the firm’s responses on the demographic variables of the firm.
Keywords: Firms Perception, Process Innovation, Product Innovation, Small and Medium Scale Enterprises (SMEs)
Exploring the Impact of Product and Process Innovations on Firm Sector, Ownership Type, Size and Activity Performed (Review Completed - Accepted)
This study was carried out to assess the impact of firm’s demographic information on their perception about product and process innovation. Four demographic variables, namely: sector, type of ownership, company size, and main activity of the firms were chosen as predictors, and their relationship with the two dependent variables: product and process innovations were studied. A total of eight hypotheses were formulated, linking each predictor to both dependent variables, individually. Based on the questionnaire designed, the questions were aimed at determining firms’ perceptions towards product and process innovations in their firms. Asimple random sampling was employed to choose firms within the manufacturing and service sector from SMEcorps Malaysia data based, and contact was established via survey to all the selected firms. The data collected was processed using SPSS and analyzed through One-Sample T-test and ANOVA. It was seen that none of the predictors caused a significant variation in SMEs firm perceptions with respect to the firm’s responses on the demographic variables of the firm.
Keywords: Firms Perception, Process Innovation, Product Innovation, Small and Medium Scale Enterprises (SMEs)