Impact of Digital Innovation on the Growth of Small and Medium Enterprises in Katsina State, Nigeria
Keywords:
Digital Innovation, Small and Medium Enterprises, Growth, Automated Operations, ProductivityAbstract
This study examined the impact of digital innovation on the growth of SMEs in Katsina State. Digital innovation indicators include product innovation, automated operations and business model innovation while SME growth was measured using multi-items scale with the following constructs: enterprises productivity, sale growth, asset growth. The study study used survey research design to examine how digital innovations affect SMEs growth. Primary data collected was analyzed using regression analysis via E-views. The findings revealed that digital innovations have a significant positive effect on SMEs (productivity, sale and asset growth) in Katsina State. The study suggests that governments should prioritize the development of digital innovation towards SMEs growth. Furthermore, the government should enhance productivity of enterprises and position SMEs to effectively lead in the drive towards industrializing the Nigerian economy.
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