Journal: International Journal Of Innovative Research In Technology, Basic & Applied Sciences
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Abstract
Nigerian business environment is affected by business uncertainties due to challenges from both internal and external variables. This no doubt contributes to low productivity enhancing negatively on economic development. To survive from this down time, business excellence is urgently needed from all stakeholders by taking advantage of Information and Communication Technology (ICT) available in this era. This study investigated the effect of business environment on the growth of selected ICT firms (Zinox technologies Ltd, Spectranet Nigeria Ltd, Multi-links Telecommunications limited in Lagos State. Specifically, economic and technological environment were evaluated. The study adopted descriptive survey design. Data were elicited via primary and secondary sources. The population was 900 staff of the three ICT firms which sample was determined as 277 respondents by Yaro Yamane formula which was proportionately distributed to the firms. 240 respondents completed and returned their questionnaires giving an 86 percent response rate. Statistical package for social sciences and simple linear regression was used for the analysis. Result indicated . For hypothesis one, the coefficient of the simple regression is (r=0.528), P (t-stat)=0.00<0 r=.750a), xss=removed>