Work

Determinants of Internet-based Technological Innovations in Nigerian Industrial Clusters

Year: 2024

Type: conference-paper

Abstract: The adoption of Internet-based Technological Innovations (IBTI) by firms within industrial clusters has been reported to enhance technological and economic gains especially in the Fourth Industrial Revolution (4IR) era. Using appropriate standard methods, this study investigates the determinants of the adoption of IBTI among 343 firms in Nigerian industrial clusters. The result revealed that the determinants such as the performance expectancy (β = 0.392), effort expectancy (β = 0.607) and price value (β = 0.266) were positive and relevant in influencing the adoption of IBTI, while other drivers such as the attitude toward using the technology (β = – 0.109), service provider’s credibility (β = – 0.039), facilitating conditions (β = – 0.106) and economic flexibility (β = – 0.078) were negative, but also significantly determine the adoption of IBTI by the industrial firms. Thus, the availability of technological infrastructure to support industrial firms’ performance and attitudes toward using these innovations are most critical, while the proper utilization of the innovation requires understanding the impacts of cluster patterns and dynamics.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14020316

Authors: M. O. Olomu, G. O. Binuyo, O. J. Onifade, O. A. Okpuru, A. M. Ademola-Ajibade

Institutions: Federal Ministry of Innovation, Science and Technology, Obafemi Awolowo University

Language: English

Topic: Technology Adoption and User Behaviour

Subfield: Information Systems and Management

Field: Decision Sciences

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

OpenAlex ID: W6949309189

FWCI:

Cites:

Cited by:

Related to: