publication . Article . 2013

Impact of Strategic Orientation Dimensions on New Product Development in Agro-based Nigerian Firms

Ibidunni Ayodotun Stephen; Falola Hezekiah Olubusayo;
Open Access
  • Published: 01 Jan 2013 Journal: Economics and Management Research Projects: An International Journal, volume 3, issue 1 December, pages 1-8
Abstract
This study explores the impact of strategic orientation dimensions on new product development capability of firms in the agro-business industry. The study based on questionnaires administered to selected agro-based firms in Lagos and Ogun states (Nigeria) utilized descriptive statistics, Pearson’s correlation to analyze the data obtained for the study. Results of data analysis showed that there exist positive relationship between strategic orientation dimensions and new product development. However, aggressiveness, analysis and riskiness dimension were found not to have any effect on new product development. The study recommends that the adoption of appropriate ...
Subjects
free text keywords: Strategic Orientation, Strategic Orientation dimensions, New product development, Agro-based firms, Strategy, jel:O13, jel:Q18

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