Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

 
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Session Overview
Location: Basement - University Auditorium
Date: Wednesday, 13/Nov/2024
12:15pm - 1:45pmA1: Innovation management in key economic sectors for Africa’s development (e.g. agriculture, manufacturing, services): prospects and challenges
Location: Basement - University Auditorium
Session Chair: R.A Bello, University Of Ilorin
Discussant: Daniel Kitaw, Addis Ababa Institute of Technology (AAiT), Addis Ababa University (AAU)
 

Firm-level analyses of innovation ecosystems, technological upgrading and performance in South Africa

Elvis Korku Avenyo

University of Johannesburg, South Africa

The importance of innovation ecosystems and technology upgrading are emphasised in the catch-up literature. Yet, there is limited evidence-based understanding of the interaction between technological upgrades and innovation ecosystems in contexts where there are persistent weaknesses in technology upgrading and low investment in research and development (R&D). Using pooled data from the two waves of 2007 and 2020 of the World Bank’s Enterprise Survey (WBES), this paper constructs novel multidimensional indicators of technological upgrades and innovation ecosystems. Estimating structural models, the paper examines the effect (direct and indirect) of the self-constructed technology upgrading and innovation ecosystem indices on the performance of productivity and export of South African firms. The findings show a positive complementary effect of technology upgrading and innovation ecosystems on labour productivity. On the contrary, the results suggest that technology upgrading and innovation ecosystems matter differently for export performance. The findings have implications for innovation policy and for firm-level strategies for innovation and technology upgrading towards enhanced performance.



EXPLORING THE SYNERGISTIC EFFECTS OF HUMAN CAPITAL DEVELOPMENT AND INNOVATION IN INDUSTRIAL SECTOR PERFORMANCE IN SUB-SAHARAN AFRICAN COUNTRIES

Oluyemi Adeosun1, Ayodele Shittu2, Ernest Odior3

1Lagos Business School, Pan Atlantic University Nigeria; 2University of Lagos Nigeria; 3University of Lagos Nigeria

Abstract

Purpose

This study was carried out to examine the effect of human capital development, innovation, and industrial sector performance in Sub-Saharan African (SSA) countries. The main objective of this study is to determine the interactive effect of both human capital development and innovation on industrial sector performance in SSA countries.

Design/Methodology/Approach

Using data from World Bank Indicators, UNDP's Human Development Index (HDI), and the Global Innovation Index spanning 2011-2021, the research employs the system generalized method of moments (SYS GMM) for analysis. This study applies the integrated framework of Kaldor’s Manufacturing theory, Schumpeter’s theory and human capital theory.

Findings

The result shows that the interactive effect of HCD and Innovation leads to positive and significant effect on industrial sector performance in SSA. The findings highlight the tangible impact of human capital on industrial performance, stressing the value of skilled individuals in boosting competitiveness in manufacturing. Moreover, the study underscores the pivotal role of innovation, demonstrated by its positive influence on the industrial sector. Although educational investment shows a positive albeit statistically insignificant effect on industrial performance, it suggests potential long-term benefits for the sector.

Originality/Value

Previous studies have not adequately explored the tripartite relationship amongst Human Capital Development Innovation and Industrial sector performance in SSA region. This paper considered a robust Industrial Sector Performance theory rather than just focusing on Economic Growth Models.



Innovation in Action: An Empirical Study of Business Model Innovation Enablers in Ethiopian Manufacturing Firms.

Mulatu Tilahun Gelaw, Eshetie Berhan, Gezahegn Tesfaye Dadi

Addis Ababa University, Addis Ababa Institute of Technology, Addis Ababa, Ethiopia

Abstract

In today's digital era, manufacturing firms face increasing pressure to innovate and adapt their business models to keep pace with rapid digitization and a dynamic market landscape. This research investigates the key enablers of business model innovation (BMI) within Ethiopian manufacturing firms. To address the research objectives, Data was collected from a pool of 164 manufacturing firms in Ethiopia. The participants were conveniently selected based on their relevance to the study. The study used Partial Least Squares-Structural Equation Modeling (PLS-SEM) to analyze the effects of enabler variables on business model innovation. The research findings showed positive relationships between BMI and variables like Innovation Capability (IC), Digital Capability (DigC), Dynamic Capability (DC), Business Environment (BE), and Strategic Agility (SA). However, only DC, DigC, and BE were significant antecedents of BMI, with DC having the greatest influence in the case firms. These findings provide insights into the driving factors of BMI. The study contributes to the existing knowledge on BMI and offers valuable insights for practitioners in the manufacturing sector. However, the study has limitations, including a focus solely on the manufacturing sector and only six variables. Future research should expand the variable size and consider other sectors for broader insights.

 
3:00pm - 5:30pmB1: Innovation management in key economic sectors for Africa’s development (e.g. agriculture, manufacturing, services): prospects and challenges
Location: Basement - University Auditorium
Session Chair: K. R. Ajao, University Of Ilorin
Discussant: Pamela Adhiambo Mreji, Technical University of Kenya
 

Motivators of R&D Engagement and Technological Acquisition as determinant of firm’s innovation performance

DAVID OLUFEMI AKINDIMEJI, OLUWATOSIN E. ILEVBARE

NATIONAL CENTRE FOR TECHNOLOGY MANAGEMENT, Nigeria

This paper analyses various innovation strategies of firms. Using the 2019 wave of the Community Innovation Survey in Nigeria, we have traced the innovative behaviour of firms and examined the extent of R&D engagement, the drivers of R&D activities, the relationship between these drivers and innovation performance, and the influence of technological acquisition on three main innovation types (Goods, Service and Business Process) at firm level. The analysis of this study is based on a sample size of 833 innovative active firms. Quantitative data collected were analysed with the aid of descriptive analysis and binary logistic regression statistical tools. Our analysis reveals that a high proportion of firms (94.2%) consider innovation a top priority. Management dedicates time to innovation activities in most firms (76.6%). Similarly, a large share of firms has a formal innovation strategy. A strong focus on R&D is evident in the corporate strategies of most firms. However, measuring innovation performance is less frequent, with only 70.6% of firms doing so. Using Binary Logistic model, we explained the determinants of each and every innovation types with the explanatory variables. Firstly, for Goods Innovation, our analysis reveals that manufacturing firms are significantly more likely to innovate in goods compared to service firms (OR = 2.817, p < .05). In addition, firms focusing on improving the quality of their products are more likely to innovate, as quality enhancements often require new processes and technologies. Conversely, firms that engage in R&D to enhance the quality of services show a decreased likelihood of goods innovation (OR = 0.316, p = .058, 95% CI = 0.096-1.041). Secondly for Service Innovation, result shows that only firms motivated to conduct R&D to meet customer needs are significant probability to positively influence service innovation. Lastly for Business Process Innovation, result shows that only firms motivated with making goods safer or more environmentally friendly have marginally significant probability (OR=2.899, p = 0.052, 95% CI= .993-8.462). In conclusion, specific tailored-need efforts and policies are key to develop more effective strategies to foster innovation and enhance the competitive advantage of firms in Nigeria.



Firm-specific, market-centric and policy-related determinants of ‘commercialization valley of death’ encountered by techno-business firms in Uganda

Ronald Jjagwe1,2, John Baptist Kirabira1, Norbert Mukasa1

1College of Engineering, Design, Art and Technology, Makerere University, Kampala, Uganda; 2Uganda National Council for Science and Technology

Firms typically invest a significant portion of their resources in basic research to generate new ideas and technologies. However, turning these ideas into marketable products can be challenging, and firms often struggle to bridge the gap between prototype development and successful product commercialization. Scholarly literature provides little guidance on how this gap can be overcome and on the role of broader organizational factors in this process. The main objective of this study is to assess the firm-specific, market-centric, and policy-related determinants of commercialization valley of death (CVD) encountered by techno-business firms in Uganda. A quantitative research method was employed, using interviews and observational approaches. This method involves gathering evidence through observations and interviews with techno-business entrepreneurs. Observations were made to understand the interactions and contextual factors associated with CVD. Interviews were conducted to gain insights and experience regarding the firm-, market-, and policy-related determinants of CVD. The findings indicate that market dynamics, strong R&D infrastructure, technological expertise, product awareness, and supportive government regulations are crucial determinants of CVD among techno-business firms. Bridging CVD hinges on sustainable financial systems, effective partnerships/collaborations, strong global linkages, and the availability of R&D infrastructure. This study makes theoretical and policy contributions to the literature by highlighting the firm-specific, market-centric, and policy-related determinants of CVD. Ultimately, this study presents a solution that techno-business firms can implement to improve the benefits of innovative technology and product development to achieve commercial gain and overall economic growth. This would generate transformational development by increasing industrial output and strengthening the linkages between techno-business firms and the industrial sector.

 
Date: Thursday, 14/Nov/2024
8:45am - 10:15amThematic Session A1: Innovative Strategies for Sustainable Energy Transition in Africa
Location: Basement - University Auditorium
Session Chair: Maruf Sanni, National Center For Technology Management (NACETEM)
The session will start with the Chair providing an overview of the research agenda proposed in the AfricaLics Thematic Report on Sustainable Energy Transition in Africa after which the panelists will present ideas and challenges on sustainable energy transition from their own contexts.
2:15pm - 3:30pmC1: Innovation management in key economic sectors for Africa’s development (e.g. agriculture, manufacturing, services): prospects and challenges
Location: Basement - University Auditorium
Session Chair: R.A Gbadeyan, University of Ilorin
Discussant: Oluyemi Adeosun, Lagos Business School
 

SPECIAL ECONOMIC ZONE INCENTIVES, INNOVATION AND EXPORT PERFORMANCE OF FIRMS IN NIGERIA

John Adeoti, Olufemi Popoola, Joshua Afolabi

Nigerian Institute of Social and Economic Research, Nigeria

This study provides empirical evidence on the type of incentives available to firms in Nigeria’s special economic zones (SEZs), their effects (or otherwise) on innovation activities at the firm-level, and the extent to which the incentives at SEZs have affected innovation capacity and export performance of firms. Primary data, which were analysed through descriptive statistics, logistic regression and two-stage least square estimator, was collected using a semi-structured questionnaire and interview guides administered to firms and other key stakeholders involved in the implementation of industrial policy affecting SEZs. The results of the study suggest that the number of incentives offered to SEZ firms does not really matter for improved firm-level innovation and export performance. Firms in the SEZs are driven by economic imperatives that are not necessarily determined by the strength of the SEZ incentives. The implementation of the SEZ incentives is perceived to be weak and ineffective by firms both within and outside the SEZs. Export performance of firms in the SEZs is poor because firms do not comply with the basic tenet of SEZ as an area dedicated to free trade and mandatory export of manufactures from the free trade enclave. Whereas the SEZs initiative has notably attracted FDI to Nigeria and fairly improved innovation capacity of firms, the SEZ incentives have no significant influence on export performance of firms in the SEZs.



Assessing the Impact of Innovation Capability on Small Enterprises Survival During Crisis

Funke Susan Medun1, Khaled Guesmi2

1Paris School of Business; 2Paris School of Business

Purpose –The study aims to examine the level of effectiveness of specific innovation capability strategies in enhancing small enterprises survival during crisis period and the interaction effect of environmental uncertainty.

Design/methodology/approach– The research design adopted an interpretivism epistemological orientation and a quantitative method study approach. The units of analysis are individual-level data from business owners and managers of small businesses. Employing a non-probability random sampling technique, primary data from 390 small enterprise owners in Lagos State were collected using a structured questionnaire and analyzed statistically through descriptive statistics, linear regression model, and inferential analysis.

Findings – The study reveal that innovation capability, product innovation, organizational innovation, and marketing innovation have significant effect on enterprise survival whilst process innovation, innovation culture, and innovation resource were found not significant. Also, the study suggests that environmental uncertainty does not moderate the effect of innovation capability on enterprise survival.

Research limitations– Exploration of the influence of organizational climate, sectoral study, and wider boundaries may provide more insights into the specific dynamics of the relationship between innovation capability and enterprise survival.

Practical and social implications– Enterprises can leverage technology and innovation capability strategies to enhance growth and survival during crises. They should review business models, transform traditional approaches to tech-driven, foster an innovation-supportive climate, and utilize artificial intelligence. The study highlights the need for policy reforms to improve business capacity and access to R&D and digital initiatives. Collaboration among policymakers, developmental agencies, and donors is crucial for establishing innovation hubs and providing grants to support MSMEs' resilience and growth.

Originality/value – This study provides insights into the significance of innovation capabilities and its product innovation, organizational innovation, marketing innovation, process innovation, innovation culture, and innovation strategies in enhancing small enterprise survival during crisis period.

Keywords Crisis, Environmental Uncertainty, Innovation capability, MSMEs, Resilience.

Paper type Research paper



Influence of Circular Economy Implementation on Financial Performance of Micro, Small and Medium Enterprises in Nigeria

Caleb Muyiwa ADELOWO1,2, Yusuf Opeyemi Akinwale3

1National Centre for Technology Management; 2North-West University; 3Department of Economics, College of Business Administration, Imam Abdulrahman Bin Faisal University, Saudi Arabia

The world seeks alternative and sustainable paths that would not only ameliorate the negative effects of climate change but also improve global economic production. One clear suggestion in the body of knowledge is the adoption of circular economy, away from the usual linear economic system (LES). Despite immense benefits of circular economy model of production and its adoption in the developed countries, its prevalent in Africa, particularly in Nigeria appears slow. This study therefore seeks to empirically assess the influence of circular economy strategy implementation on financial performance of micro, small and medium scale enterprises (MSMEs) in Nigeria. Primary data were collected from 206 enterprises in Lagos State through a cross-sectional survey. The main instrument for data collection was a validated questionnaire. The results showed that the implementation of circular economy at the strategic level is highly likely to improve financial performance by a factor of 36%. Reduce and reuse strategies also showed the likelihood of improving financial performance by factors of 8% and 34% respectively. Another variable with significant contribution to financial performance is the deployment of digital technologies. The Pseudo R-Square of 0.21 shows that the model is moderately fit as per logit regression. However, it also indicates that there are other external factors that are responsible for financial performance beyond circularity. Practical implications of the results are drawn and appropriate recommendations formulated.

 
Date: Friday, 15/Nov/2024
9:00am - 10:30amThematic Session B1: STI Indicators for Measuring Digital Transformation: Gaps and Challenges
Location: Basement - University Auditorium
Session Chair: Glenda Kruss, CeSTII, HSRC
The session will start with the Chair providing an overview of the research agenda proposed in the AfricaLics Thematic Report (Kruss et al 2023; https://africalics.org/thematic-chair-report/). The panel will present recent research addressing four research agenda topics: - Measuring progress and the impact of digital technologies and the fourth industrial revolution - STI measurement towards advancing the SDGs and understanding impact - Creating quality data sets - Empirically grounded research on innovation measurement in the informal sector

 
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