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Journal . 2025
License: CC BY
Data sources: Datacite
ZENODO
Journal . 2025
License: CC BY
Data sources: Datacite
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Strategic Innovation and Sustainable Economic Performance of the Manufacturing Sector in Rivers State

Authors: Lucy Horace Owonte, PhD;

Strategic Innovation and Sustainable Economic Performance of the Manufacturing Sector in Rivers State

Abstract

Abstract: The study investigated strategic innovation and sustainable economic performanceof manufacturing sector in Rivers State. It adopted the correlational research design andoperationalized the innovation into the variables of product innovation, technologicalinnovation, and social innovation with sustainable economic performance as the dependentvariable. The population of the study was 150 which consisted of staff of manufacturingcompanies operating in Rivers State. The sample size of 150 was used adopting the censussampling technique in which the entire population was used. A questionnaire instrument tagged,Strategic Innovation and Sustainable Economic Performance (SISEP) was used and calibratedinto modified Likert scale of Very High Extent (4), High Extent (3), Low Extent (2), Very LowExtent (1). The three research questions were answered using Mean and Standard Deviation atmean criterion of 2.5, while the null hypotheses were tested using Pearson Product CorrelationCoefficient (PPMC) at .05 significance level. The findings of the study showed that thevariables of strategic innovation significantly relate to sustainable economic performance inmanufacturing companies in Rivers State. The study concluded that if marketing innovativemeasures of product design or innovation, appropriate technology and social innovation areapplied sustainably, will lead to improved economic performance of manufacturing companiesin Rivers State. It recommended among others that, manufacturing companies in Rivers Stateshould from time-to-time train and retrain their staff on modern technological innovations toimprove on their economic performance.

Keywords

Sustainable, Innovation, Strategy, Economic performance, Manufacturing Sector.

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average