Business, Management and Accounting
3 years ago

Technological innovation boosts market share for Nigerian manufacturing firms.

Research Journal of Finance and Accounting
Effect of Productivity Drivers on the Performance of Selected Manufacturing Firms in Nigeria
Adedeji Elijah, Adeyinka Corresponding, Philip Segun Olowolaju

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Manufacturing firms in Nigeria were studied to see how factors like technology, personnel skills, and competitiveness affect their performance. The researchers found that using advanced technology and having skilled employees can boost a firm's market share. Also, firms that are competitive tend to have higher returns on investment. This suggests that investing in technology, training employees well, and staying competitive can help manufacturing firms in Nigeria succeed.