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Micro-level determinants of innovation: analysis of the Nigerian manufacturing sector

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Listed:
  • Adedamola D. Adeyeye
  • Oluseye O. Jegede
  • Adekemi J. Oluwadare
  • Folake S. Aremu

Abstract

This paper uses the binary logistic regression to test two hypotheses among manufacturing firms in Nigeria. First, the influence of firms’ innovation activities on the propensity to implement innovations and second, whether size influences the type of innovation implemented by firms. Using the data from the Nigerian Innovation Survey 2008, the results show that intramural R&D influences firms’ likelihood of implementing all the four innovation types being statistically significant at 0.05 level. In addition, investment in machinery and equipment specifically increases firms’ likelihood of introducing product innovation. Similarly, market introduction of innovations impacts on marketing innovation. The binary regression result however shows that the size of manufacturing firms in Nigeria does not significantly influence the introduction of any type of innovation.

Suggested Citation

  • Adedamola D. Adeyeye & Oluseye O. Jegede & Adekemi J. Oluwadare & Folake S. Aremu, 2016. "Micro-level determinants of innovation: analysis of the Nigerian manufacturing sector," Innovation and Development, Taylor & Francis Journals, vol. 6(1), pages 1-14, April.
    • Handle: RePEc:taf:riadxx:v:6:y:2016:i:1:p:1-14
    DOI: 10.1080/2157930X.2015.1047110
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    Cited by:

    1. Serhat Burmaoglu & Harun Sesen, 2017. "Determinants of the Firm Innovation: The Turkish Case," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(5), pages 284-305, May.
    2. Adamu Jibir & Musa Abdu, 2021. "Human Capital and Propensity to Protect Intellectual Properties as Innovation Output: the Case of Nigerian Manufacturing and Service Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 595-619, June.
    3. George Paily, 2018. "Innovation Strategies, Outcomes and Firm Performance: An Analysis of Firm Behaviour in India's Manufacturing Sector," Economics Bulletin, AccessEcon, vol. 38(4), pages 1769-1786.
    4. Edeh, Jude N. & Acedo, Francisco J., 2021. "External supports, innovation efforts and productivity: Estimation of a CDM model for small firms in developing countries," Technological Forecasting and Social Change, Elsevier, vol. 173(C).

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