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Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria

Authors: NWANKWERE Idowu , S. A. Adebola

Publication Type: Journal article

Journal: Babcock Journal Of Management And Social Sciences

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Abstract

The Nigerian food and beverages manufacturing industry is a major driver of the economy and technological capability is a major strategic resource that contains competition. However, volatile competition, shorter product life cycles, rapidly changing customer preference, and technological advancement have endangered the survival of the majority of firms in the industry. The study thus evaluated the effect of technological capability on the firm efficiency of selected quoted food and beverages manufacturing companies in Lagos State, Nigeria. The study adopted a survey research design. The population was 692 middle and top level managers of the quoted firms. Total enumeration method was adopted. A questionnaire was adapted and validated for the study. The Cronbach’s alpha coefficient for the construct is between 0.815 and 0.968. The response rate was 92.9% out of 692 copies of the questionnaire administered. The data was analyzed using linear regression analysis. Findings revealed technological capability had significant effect on firm efficiency (? = 0.708; F(1, 640) = 239.537; r = .522; R2 = 0.272; p <0>

Keywords: Dynamic capabilities, Technological capability, Food and beverages companies, Manufacturing companies

Word Count: 256

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NWANKWERE,I. S.,A.A . (2017). Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria, 12 (), 141-141.

NWANKWERE,I. S.,A.A . "Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria" 12, no (), (2017): 141-141.

NWANKWERE,I. and S.,A.A and . (2017). Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria, 12 (), pp141-141.

NWANKWEREI, S.AA, . Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria. 2017, 12 ():141-141.

NWANKWERE,Idowu , and S.,A. Adebola . "Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria", 12 . (2017) : 141-141.

N.Idowu & S.A. Adebola , "Echnological Capabilities and Firm Performance of Selected Foods and Beverages Manufacturing Companies in Lagos State, Nigeria" vol.12, no., pp. 141-141, 2017.

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