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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
            178eb271-047d-4dde-82a1-fa4e4c5606d6

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

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