IMPACTS OF TECHNOLOGY INNOVATIONS AND ENTREPRENEURSHIP TRAINING ON SME PERFORMANCE IN NIGERIA

MALIKI, TAIYE O. and AMUSAN, OLUWASEUN M. (2019) IMPACTS OF TECHNOLOGY INNOVATIONS AND ENTREPRENEURSHIP TRAINING ON SME PERFORMANCE IN NIGERIA. In: 1st National Conference of WITED, Ilaro Chapter., August 13-16, 2019, The Federal Polytechnic, Ilaro.

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Abstract

High youth unemployment and very high foreign exchange rates are the problems that Nigeria is currently faced with. Therefore, there is the urgent need for diversification and revamping of the economy. Small and medium enterprises (SMEs) are thus an important tool to achieve this. How therefore can acquisition of entrepreneurship training and adoption of technology enhance performance of SMEs, bring about economic recovery, and thus help to reduce the economic challenges. The instrument consisted of twenty items on a five-point Likert rating scale, which was administered on one hundred owners of manufacturing SMEs sampled using cluster, proportionate and random sampling procedures from some selected businesses across Sango Area of Ogun State . The results indicated that acquisition of entrepreneurship training and adoption of technology devices and platforms enhance productivity and profitability of SMEs in Nigeria. It is concluded that for manufacturing SMEs to operate competitively, profitably and significantly contribute to the economic growth of Nigeria, they need to continuously acquire newer entrepreneurial training; adopt and use innovative modern technologies.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
T Technology > T Technology (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Miss Ayomikun Ogunbadejo
Date Deposited: 22 Jun 2020 10:57
Last Modified: 22 Jun 2020 10:57
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/704

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