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      Impact Of Technological Innovation On SMEs Performance In Taraba State (A Study Of SMEs In Wukari Metropolis)

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          Abstract

          Over the years, SMEs has been the tool for economic growth of many nations. The application of technological innovations by SMEs to meet emerging business opportunities, social needs and environmental challenges has been on increase. The study investigated the impact of technological innovations on SMEs performance in Wukari metropolis. The study adopted survey research design to study a sample of 100 SMEs in the area. Primary data used for the study is structured questionnaire which was structured in a (5) five likert scale format. Data collected from the study was analysed using descriptive and inferential statistic. Simple percentage was the descriptive statistic used while ordinary least square (OLS) multiple regression, was the inferential statistic used. The study revealed that communication innovation, mobile transfer innovation and computing system innovation has significant effect on SMEs performance in Wukari metropolis. The study thus, recommend that SMEs managers should sustain and invest more on communication innovation, mobile transfer innovation and computing system innovation to improve their business and ensure cost reduction, prevention of bad debts and loss of stock.

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          Author and article information

          Journal
          ScienceOpen Preprints
          ScienceOpen
          18 January 2021
          Affiliations
          [1 ] Department of Business Administration, Federal University Wukari, Taraba State, Nigeria.
          [2 ] Lecturer in the department of Business Administration, Federal University Wukari, Taraba State, Nigeria.
          Article
          10.14293/S2199-1006.1.SOR-.PPFYL33.v1

          This work has been published open access under Creative Commons Attribution License CC BY 4.0 , which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. Conditions, terms of use and publishing policy can be found at www.scienceopen.com .

          All data generated or analysed during this study are included in this published article (and its supplementary information files).

          Education, Social & Behavioral Sciences, Economics

          Nigeria, SMEs, Social Needs, Technological innovation, Communication Innovation, Wukari

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