DocumentCode :
552736
Title :
Assessing technological innovation in SME footwear clusters in Nigeria
Author :
Siyanbola, W.O. ; Olamade, O.O. ; Isola, O.O.
Author_Institution :
Nat. Centre for Technol. Manage., Obafemi Awolowo Univ., Ile-Ife, Nigeria
fYear :
2011
fDate :
July 31 2011-Aug. 4 2011
Firstpage :
1
Lastpage :
9
Abstract :
International competitiveness and economic progress are, among other factors, driven by the process of continuous innovation. Innovation valued by the marketplace is recognised, today, as a creator and sustainer of enterprises. Among the many challenges enterprises face, none seem to be as crucial as the need to change and grow. However, many SMEs seem to fail to innovate in time. They often lack the necessary resources to invest in strategic development operations. This paper draws from the findings of empirical firm-level study being carried out in Southeastern Nigeria involving two footwear clusters and about 600 entrepreneurs. The paper investigates the general business characteristics and innovation activities of the clusters. The assessment of the two clusters is with a view to addressing specific strategic policy issues designed to sustain the clusters and raise their innovative capability for global competition.
Keywords :
footwear industry; innovation management; small-to-medium enterprises; strategic planning; SME footwear cluster; Southeastern Nigeria; continuous innovation; global competition; innovation activities; innovative capability; international competitiveness; strategic development operation; strategic policy issues; technological innovation assessment; Africa; Business; Footwear; Industries; Production; Technological innovation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Technology Management in the Energy Smart World (PICMET), 2011 Proceedings of PICMET '11:
Conference_Location :
Portland, OR
Print_ISBN :
978-1-4577-1552-5
Electronic_ISBN :
978-1-890843-24-3
Type :
conf
Filename :
6017774
Link To Document :
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