IIARD International Institute of Academic Research and Development

WORLD JOURNAL OF INNOVATION AND MODERN TECHNOLOGY (WJIMT )

E-ISSN 2504-4766
P-ISSN 2682-5910
VOL. 8 NO. 5 2024
DOI: 10.56201/wjimt.v8.no5.2024.pg186.196

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Disruptive Technology Adoption and Organizational Performance of SMES In South-South Nigeria

Okwurume, Clarance Nkasirim Ph.D, Igwe, Chinyere Emmanuel Ph.D

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Abstract

The study investigated the effect of the relationship between Disruptive Technology Adoption and Organizational Performance of Small and Medium Enterprises in South-South Nigeria. The research used a cross-sectional survey design and comprised a target population of 60 small and medium enterprise owners. The census sampling technique was adopted, and data was collected through questionnaires and Cronbach alpha, which tested the validity and reliability. Multiple regression analysis was adopted with the aid of a statistical package for social sciences (spss version 0-29) to ascertain the effect of Disruptive Technology on the Organizational Performance of SMEs. The findings reveal a strong and positive relationship between the variables. The study recommended, among others, that owners of small and medium enterprises should always encourage and update the outdated production processes to significantly add market value and even eventually displace established markets, leading firms, products, and alliances.

keywords:

Disruptive, Technology, Adoption, Organizational Performance, Small and Medium

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