To read the full version of this content please select one of the options below:

An Investigation of the Four Dimensions of Innovation in Small Scale Firms in Lagos State, Nigeria

1 National Centre for Technology Management, Southwest Office, Victoria Island, Lagos State, Nigeria
2 Centre for Industrial Development, Obafemi Awolowo University, Ile-Ife, Nigeria
3 National Centre for Technology Management, Obafemi Awolowo University, Ile-Ife, Nigeria

International Journal of Innovation Science

ISSN: 1757-2223

Article publication date: 4 June 2013

118

Abstract

The paper examined the dimensions of innovation in small scale manufacturing firms with a view to understanding the interaction and relationship among product innovation, process innovation, organizational innovation, and marketing innovation. It further determines the relationship that exists between sales turnover and the four dimensions of innovation. Forty-six small manufacturing firms were sampled across the 4 major small scale Industrial Estates in Lagos State. The paper observed that these small firms engaged mainly in process innovation. The correlation analysis revealed a significant relationship between marketing and process innovation (r = 0.51; p<0.01) while there is no causality between product and process innovation (r = 0.31; p<0.05); product innovation and organizational innovation (r = 0.22; p<0.05); product innovation and marketing innovation (r = 0.11; p<0.05); and process and organizational innovation (r = 0.27; p<0.05) in these firms. The paper concludes that these firms are solely interested in upgrading and renewal of products, improving new methods of production, supply and distribution. The paper finally submitted that the observed trend is not unconnected with poor R&D initiative between small firms and research institutions, poor technological innovation capability of firms, and poor linkages/collaboration among stakeholder on new product development.

Keywords

Citation

Amiolemen, S., Babalola, O., Adegbite, S., Ologeh, I., Adekola, O. and Ojo-Emmanuel, G. (2013), "An Investigation of the Four Dimensions of Innovation in Small Scale Firms in Lagos State, Nigeria", International Journal of Innovation Science, Vol. 5 No. 2, pp. 113-118. https://doi.org/10.1260/1757-2223.5.2.113

Publisher

:

Emerald Group Publishing Limited

Related articles