An Overview of Innovation Intensity in the Indigenous Oilfield Services Firms in Nigeria (original) (raw)
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Factors influencing technology and innovation capability in the Nigerian indigenous oil firms
International Journal of Business Innovation and Research, 2018
This study investigated the factors influencing technology and innovation capabilities in Nigerian indigenous oil and gas firms. Primary data were collected through the use of questionnaire to elicit information from 150 indigenous oil firms. The result of the ordered logit regression showed that the extent of the firm's R&D captured by in-house R&D and R&D fund allocation were significant at 10% level of significance. Also, work experience of staff, qualification of staff and size of technical staff which captured human and knowledge capital of firm were significant in influencing the firms' technology capabilities. Acquisition of advanced machinery, firm's size and age and training were also significant in influencing technology capabilities of indigenous oil firms. The study suggests that both government and industry should ensure improvement in extensive training, R&D and education of the work force to enhance local capabilities in oil and gas field development.
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Nigeria. This was with a view to providing information that will increase indigenous participation in the sector and value addition for the nation. The study used primary and secondary data sources. Structured questionnaire were administered in the firms. This was supplemented with shop-floor observations and interviews. The questionnaires elicited information on the factors influencing firms' capability for innovation in the sector. A total of 60 questionnaires were administered to the heads of technical, finance and administration departments in the firms with 67% response rate. Secondary data were sourced from the internet and other publications. The data obtained were analysed using descriptive statistics. The important factors that accounted for the firms' technological capability (TC) included the qualifications and experience of the heads of technical departments and extensive staff training. In conclusion, the most significant driver of TC building in the firms was the educational level of the head(s) of technical department(s).
An Assessment of the Innovativeness of Firms in Nigeria’s Petroleum Sector
South African Journal of Industrial Engineering, 2018
A firm's level of innovativeness is regarded as an indicator of its creativity, competitiveness, and performance. An understanding of the processes that lead to innovativeness is therefore crucial to scholars and practitioners. This makes innovativeness assessment a necessity, especially for firms. Perplexingly, there are few innovativeness studies on resource-intensive industrial sectors, such as petroleum, in African countries. This paper is a contribution to filling the knowledge gap. The study used item means to analyse data from a cross-sectional survey. The findings show that, while overall the petroleum firms were barely innovative, they performed better in terms of the non-technological aspects of innovativeness. OPSOMMING ʼn Firma se vlak van innovasie word as ʼn aanduiding van sy kreatiwiteit, kompeterendheid en vertoning geag. Die begrip van die prosesse wat lei tot innovasie is dus krities vir navorsers en praktisyne. Dit maak innovasie assessering ʼn noodsaaklikheid, veral vir firmas. Tog is daar min studies wat die innovasievlak in hulpbron intensiewe industrieë, soos die petroleum-industrie, in Afrika. Hierdie artikel probeer om dié leemte aan te spreek. Die studie het data van ʼn deursnitpeiling gebruik en die bevindinge toon dat, alhoewel petroleumfirmas beswaarlik innoverend was, hulle beter gevaar het in terme van die nie-tegnologiese fasette van innovasie.
This study examined the factors that influence innovation and competiveness in the indigenous Nigeria's oil and gas servicing firms. Th is was done with a view to making appropriate strategic recommendations to enhance firm-level innovativeness so as to increase indigenous participation in the sub-sector. The study, wh ich used primary and secondary data sources, was based on a sample of the indigenous oil and gas servicing firms in Nigeria. Four types of questionnaire were ad ministered in each firm. A total of 400 questionnaires were administered on heads of Production, Engineering, Finance and Administration in the firms out of which 70% were returned and found suitable for analysis. This was supplemented with field observations and interviews. Secondary data were sourced fro m the internet and other published sources. The data so obtained were analysed using descriptive and inferential statistics. The technological factors that accounted for the innovation performance included the educational qualifications, training and prior work experience of the heads of technical department, nu mber of r&d staff and training, innovation, and, r&d investment. The important non-technological factors included interaction with co mpetitors, consumers, suppliers and training institution.
Innovation Types and Firm Performance in Nigeria
The study investigated the existence of innovation types and examined their effects on firm performance in Nigeria's manufacturing industry. Using logistic regression analysis, data were sourced from forty-eight (48) non-quoted manufacturing firms (consisting of food, beverages and tobacco; textile, apparel and footwear; non-metallic, pharmaceuticals and cement) to examine the effect of innovation types on firms' performance. The results confirmed the existence of product, process, marketing and organisational innovations and also identified recruitment modelling and talent management as other organisational innovation techniques employed in Nigeria's manufacturing industry. In addition, the study showed that product innovation (t = 0.67; p < 0.05) and patent rights (t = 2.13; p < 0.05) had positive and significant effects on firm performance. The findings of this study recommend that firms should focus on improving the combined effects of product, marketing, process and organisational innovations. In addition, organisational policies should be geared towards human capital development to achieve greater manufacturing performance required for industrial growth and economic development.
Determinants of firms innovation in Nigeria
Kasetsart Journal of Social Sciences, 2017
Nowadays with rapid changes in the business world, companies all over the globe are increasingly including innovation as one of their strategies to ensure business expansion and profitability. This study examined the determinants of a firm's innovation in Nigeria. The study utilized enterprise survey data developed by the World Bank, which were analyzed using probit and tobit regression models. The findings showed that investing in research and development (R&D), formal training, a firm's size, exporting status, competitors, location, type and sector, or activity of firms all positively drive the propensity of a firm to innovate. It was however established by the study that the firm's age and employee education negatively affect the chances of innovation. Equally it was found that almost the same factors (investing in R&D, formal training, a firm's size, type, and sector) were the significant determinants of product, process, organizational, or marketing innovation. Thus, the policy implications of the findings are that firms should make the significant factors their top priorities in their quest to boost innovation.
What drives innovation? Inferences from an industry-wide survey in Nigeria
O. O. Olamade, 2009
This paper seeks to make some contributions to the literature on firm-level innovation in Africa by attempting to identify the significant factors that explain the capability of firms in Nigeria to innovate using the results of an industry-wide study. We focused on the product and process innovation activities of firms between 2003 and 2006 and found differences in the factors that drive them at the firm level. Our results further show that interactions matter more than most innovation-related variables and that the most important actors that influence a firm's innovation efforts are its customers and suppliers. We conclude that product and process innovations are not mutually exclusive and that a major key to successful innovation is how and with whom a firm collaborates. The implication of this for firms and policymakers is that an effectively wired innovation system where all stakeholders are active is critical for firm-level innovation capability.
2020
While studies have examined the nexus between knowledge and innovative performance, the literature from the context of developing countries is very scant. This study thus examines which knowledge-intensive activities influence the propensity of mining firms in Nigeria to implement either product innovation, process innovation or both kinds of innovations. The study explored 106 purposively selected mining firms in Nigeria to check the effect of knowledge on the prevalence of innovation in the industry. Using a questionnaire administered to the chief executive officers/most senior managers of the firms, the study identified six main knowledge indicators for the mining industry which were regressed against indicators of technological innovations. The study found that while R&D activities were important for product innovation, acquisition of machinery, equipment, hardware and software were the principal drivers of process innovation. The knowledge-based activities common to both innovation types were acquisition of external knowledge/ technologies, learning, knowledge exchange and training as well as other activities like feasibility studies, market research, continuous improvement, business process re-engineering, tooling-up, routine software upgrades, amongst others. The study concludes that certain knowledge-intensive activities are important for different kinds of innovations in the firms.
Innovative Behaviour and Firm’s Performance in the Nigerian Manufacturing Sector
ERPN: Economic Development & Technological Change (Topic), 2020
The paper examined innovative behavior and firm’s performance in the Nigerian manufacturing industry. Relevant literatures have emphasized the need to make a strong relevance for innovativeness to act as a catalyst for innovation to occur in the firm. While there has been significant research evidence on the conceptualization of innovation, more of the studies have focused on the descriptive nature of innovation. The population of the study was the staff in the selected company and questionnaire was distributed on the company’s sample. The study employed the univariate analysis of variance (ANOVA) to ascertain the statistical significance and the level to which innovativeness give rise to variation in firm’s performance in the selected organization. The study emphasized the immense benefit manufacturing firms and industrial policy makers will make towards the attainment of innovativeness to contribute adequately to the economic development of the nation and the social well-being of ...
Innovation Strategies and Firm Performance: A Study of Femine Mill Nigeria, Calabar
International Journal of Social Science and Human Research, 2021
This paper investigates the role of innovation strategy on performance of Femine Flour Mill Calabar. The study employed survey research design. The target respondent is the total employees of Femine flour mill Calabar which stand at 126 staff. Self administered questionnaire was used as the instrument for data collection. The instrument was subjected to content validity and test retest statistical analysis was used to ascertain the reliability of the instrument at 0.82. The study adopted simple random sampling technique and Taro Yamane’s statistical formula was used to determine the sample size at 96. Pearson Correlation was employed to establish the relationship between the two variables. Out of 96 distributed questionnaires 85 was properly filled and was used for the analysis. , the relationship between level of process innovation strategies, product innovation strategies and firm performance is positive at 0.419 and 0.419 respectively, indicating that an improvement in level of p...