5 results
Search Results
2. The business models of tech hubs in Africa: implications for viability and sustainability.
- Author
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Kolade, Oluwaseun, Atiase, Victor, Murithi, William, and Mwila, Natasha
- Subjects
BUSINESS models ,VALUE capture ,VALUE creation ,SUSTAINABLE development ,SOCIAL sustainability ,SUSTAINABILITY - Abstract
The paper draws from two case studies of tech hubs in Nigeria and Kenya to investigate the importance of business models to the hubs' viability and sustainability as economic and social agents. Adopting the triple-layered business model of economic, social and environmental value creation, the study finds that the advanced, and growing, technological capabilities of the hubs are not matched with enough attention on innovative business models that can enable them to better capture value, expand the domestic markets, and compete at the international stage. We argue that a triple-layered orientation can be a win-win, integrated and mutually reinforcing model in which the hubs' social and environmental impact can enable them to better capture economic value through the development and deployment of advanced technological capabilities and innovative business models. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
3. CORPORATE ATTRIBUTES AND SUSTAINABLE GROWTH: EVIDENCE FROM LISTED CONGLOMERATE COMPANIES IN NIGERIA.
- Author
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ADEYEMI, Adewumi Zaid, LAWAL, Nureni Adekunle, and OLOREDE, Titilope Esther
- Subjects
BUSINESS size ,SUSTAINABLE development ,TECHNOLOGICAL innovations ,PROFITABILITY - Abstract
Corporate attributes has been identified as one of the main factors that influence company’s growth. In line with this statement, this research work investigated the effect of corporate attributes on sustainable growth of listed conglomerate companies in Nigeria for the period of twenty-three years, 2000 to 2022. Secondary data acquired from annual report and accounts of sampled firms were used. Data obtained were subjected to analysis using descriptive, correlation and fixed effect regression technique. Results of fixed effect technique revealed that corporate attributes of profitability, assets efficiency, firm size and innovation of conglomerate companies in Nigeria have positive and substantial impact on their sustainable growth. Firm age and managerial ownership have favourable but frivolous effect on sustainable growth. Furthermore, the results also indicated that together as a whole all the corporate attributes examined by this research work has strong and important influence on sustainable growth of quoted conglomerate companies in Nigeria. It was recommends that management of quoted conglomerate companies in Nigeria should continue to sustain and further improve their corporate attributes that have positive and significant influence on their sustainable growth. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
4. SINO-AFRICA AND TECHNOLOGICAL TRANSFER: IMPLICATION ON SUSTAINABLE DEVELOPMENT IN NIGERIA.
- Author
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Ibrahim, HASSAN Korede, Olufemi, FATILE Jacob, and Victoria, HUNGA Opeyemi
- Subjects
TECHNOLOGY transfer ,SUSTAINABLE development ,TECHNOLOGICAL innovations ,FOREIGN investments ,NUMERIC databases - Abstract
Technology is critical to industrialization and economic development of any nation and it is one of the serious bottlenecks in African industrialisation. There is no doubt that technology transfer is one of the less studied subjects in China-Africa relations. Foreign direct investment is an important factor for both technology transfer and economic growth in developing countries like Nigeria. Technological advancement has also become a major challenge to industrialization in Nigeria and to improve her economy, the Nigerian government had made various efforts at acquiring foreign technology to drive the development processes. The Nigerian government had signed pact with the Chinese government in critical areas such as agriculture, manufacturing, military, industry, education and other social sectors through Technological Transfer (TT) and Technical Cooperation (TC) that will aid knowledge sharing and transfer for the purpose of improving the economy. In view of this, the study examines the implication the Sino-Africa and technological transfer on sustainable development in Nigeria. The study employed the interpretivism philosophy and the qualitative approach was adopted in data collection and analysis. Secondary data were sourced from the United Nations Commodity Trade Statistics (UNCTS) Database, Nigeria National Bureau of Statistics, and the World Trade Organisation (WTO) Statistics database, Foreign Direct Investment (FDI) figures were from the United Nations Conference on Trade and Development (UNCTAD) Database, International Monetary Fund (IMF), and the United Nations Statistics Database (UNdata). Other sources were the International Monetary Fund (IMF) Database, International Financial Statistics (IFS) of the World Bank; publications of Central Bank of Nigeria (CBN) and other agencies of government as well as newspapers and journals. Also, key informant interviews were conducted with Chinese expatriates in Lagos and Ogun State, Nigeria. Data collected were analysed using content analysis method. Findings of the study reveals that there is no clear-cut policy statement on Sino-Africa technological transfer and knowledge sharing; thus, the Nigerian government cannot sufficiently absorb new technology from Chinese multi-national corporations as most of these corporations always come as agents of Foreign Direct Investment (FDI) or contractors. The study concludes that adaptation and implementation of policy on technological transfer cannot promote sustainable development in Nigeria. The study recommends among others that knowledge and technology transfer should form the basis of a regulatory framework of the national FDI policy. Also, there is need for the establishment of training institutes in each State of the federation so as to facilitate technological transfer. In addition, there should be collaboration between the established training institutes and higher institutions of learning so that students can have practical knowledge on advanced equipment, methodologies and technologies that will engender sustainable development in Nigeria within a decade. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
5. What drives innovation? Inferences from an industry-wide survey in Nigeria.
- Author
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Egbetokun, A. A., Siyanbola, W. O., Sanni, M., Olamade, O. O., Adeniyi, A. A., and Irefin, I .A.
- Subjects
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INDUSTRIAL surveys , *TECHNOLOGICAL innovations , *ECONOMIC indicators , *SUSTAINABLE development , *TECHNOLOGICAL progress , *TECHNOLOGICAL revolution - Abstract
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. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
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