Business and Technology: Tools for Economic Recovery and National Development in Nigeria
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 3
Abstract
The study examined business and technology: tools for economic recovery and national development in Nigeria, spanning from 1984 to 2016. The study adopted Ordinary Least Square (OLS) Linear Specification model. Using unit root test, the study shows that business and technology has significantly contributed to economic recovery and national development in Nigeria, within the period under study. The work recommends among others that public policy should be designed to encourage success in managing business innovation than in adopting the right capacity decisions from already known technological possibilities. technological change is a critical factor for growth that stems from Research and Development (R&D) and from innovative activities. Managing innovations better than one‗s competitors is one of the most important objectives of any modern economy that wants to grow, survive and thrive. Government should improve active exchange rate policy that avoids over-valuation or excessive depreciation of the Naira and ensures competiveness of tradable goods, relative price stability or low inflation as well as avoiding inconsistent fiscal policies should be designed.
Authors and Affiliations
Orji Martin Chukwuma Alfa, Mahammed Danlamin William
Keywords
Related Articles
- EP ID EP418526
- DOI 10.9790/0837-2303100111.
- Views 46
- Downloads 0
Agricultural Diversification – An Opportunity for Smallholders (A Case Study of Sonipat District of Haryana)
The present study focused on the nature and extent of diversification of small farmers owning land below two hectares. For the present study, district Sonipat of Haryana state was purposively selected. Furthers, for the...
Effectiveness of Citizen’s Charter in Public Service Delivery: A Study on Trishal Municipality and Boilor Union Parishad
Citizen Charter (CC) plays an important role in providing public services which is conceived as most effective tool in implementing values of New Public Management (NPM). It was first introduced in Bangladesh in 2008 fol...
Implementation of Fulfilling Rights to Get Health Services in Community Institutions City Class I Makassar
The problems that will be observed are as follows: (1). Implementation of Fulfillment of the Right of Prisoners to Get Health Services in Class I Correctional Institutions of Makassar City, (2). What factors influence th...
An Analysis of Code-Switching Used in Honda Advertisement in Indonesia
The present study examines code-switching in Honda advertisements. Particularly, this study analyzes how code-switching is used in Honda advertisement in Indonesia. A total of 31 Honda advertisements are used in analyzin...
CHRISTIANITY: Catalyst for the Revival of Family Pastoral Care
This paper is a focus on Christianity as a catalyst for the revival of family pastoral care in the West Nile Region of Uganda. Christianity is the second world religion that came to be known after Islam in the west Nile...