| Abstract [eng] |
The evaluation of technological innovation and its impact on development of food industry in Nigeria has become very important at this moment considering its important to the entire Nigerian economy and its potentials to reduce waste of harvested agricultural products and power to reduce unemployment in the country. This research was carried out using a carefully structured methodology through employees of various SMEs holding key positions in order to dereive the data needed to determine the problems and chalanges faced by the industry and then creating a model that will help solve most of the problems and chalenges. The IBM program SPSS was used for the analysis of the collected data and the results were derived. To evaluate and identify the problems related technological innovation implementation within the food industry, analyse and state the most effective, economic and financial ways of solving those problems. The main aim of the thesis: to evaluate the impact of technological innovation on development of food industry in Nigeria. Main results of the study: the research is able to create a model that fits SMEs solutions for successful implementation of innovation and also recommend more strategic ways of solving the problems based on the study and analysis which includes, product analysis, technological capacity analysis, competitor’s analysis, financial analysis and human resource analysis. The author explained and summarized Bio Yam flour processing economic and financial indicators based on assumption of the successful implementation of the model and recommendations which are likely to improve the overall activities of the company. |
