Digitalization and Innovation in Nigerian Firms

Asian Economic and Financial Review

article

Isaiah Olurinola¹  Romanus Osabohien²  Bosede Ngozi Adeleye²  Ifeoluwa Ogunrinola¹  Jacob Isaac Omosimua¹  Tyrone De Alwis³ 

[1] Department of Economics and Development Studies, Covenant University;Department of Economics and Development Studies, Covenant University, Ota, Nigeria, Centre for Economic Policy and Development Research ,(CEPDeR), Covenant University;Department of Economics, University of Colombo

关键词: Innovation;    ICT;    Digital revolution;    Digitization;    Digital technology;    Firm’s performance.;   

DOI  :  10.18488/journal.aefr.2021.113.263.277

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

This study examined the determinants of digitalization and its impact on innovation in Nigeria. The study applied the logit regression and propensity score matching (PSM) on data sourced from the World Bank 2014/2015 enterprise survey. The result from the logit regression shows that size of the firm, educational qualification of the top manager of the firm, business age, employment growth and sector of operation are the major significant determinants of the extent to which firms digitalized in Nigeria. On the other hand, the result from the propensity score matching shows that digitization is positive and significant in explaining the level of firms' innovation in Nigeria. This means that an increased level of ICT will synonymously increase the level of firms' ability to innovate. Based on the results, the study concludes by recommending that managers of various firms should employ a tactical approach to improve on the rate of digitization and innovation to achieve the desired level of productivity.

【 授权许可】

CC BY