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Problem Solving Ability and Innovative Behaviour of Small and Medium Scale Enterprises in Port Harcourt

Chikere, PC, PhD

Abstract

This study determined the relationship between problem solving ability and innovative behaviour of small and medium scale enterprises in Port Harcourt. The aim of this study was to examine the relationship between solving ability and innovative behaviour of small and medium scale enterprises in Port Harcourt. The study adopted cross-sectional research design. 287 copies of questionnaires distributed and 244 copies were found fit for analysis. Multiple regression tool was adopted to analyse the hypotheses. The findings of the study showed that problem solving ability significantly relates with innovative behaviour. Based on the findings, the study concludes that problem solving ability positively correlates with the measures of innovative behaviour. Therefore, the study recommended that, government of Nigeria should invest in enhancing the financial literacy level of small and medium scale enterprise owners through trainings and incorporating financial literacy issues in formal education; so as to improve the financial performance of the SMEs.

Keywords

Problem solving abilityInnovative behaviourSkill acquisitionEntrepreneurial

References

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