This paper uses econometric model to analyse the impact of technological innovation and R&D on firm performance in the Nigerian service sector. The sector is attracting interest in policy circle because it has become the fastest growing sector globally. The analysis is based on data obtained from the Nigeria's innovation survey, 2008 undertaken among 500 enterprises in the service sector with about 41% response rate. The instrument was guided by the third edition of the Oslo Manual standardised through validation workshops under the NEPAD ASTII initiative. The result shows that technological acquisition, training and in-house R&D positively influence technological innovation while government support and embodied knowledge are insignificant. Also, technology innovation and R&D have positive impact on firms performance. This paper offers an opportunity to understanding the impact of technology innovation and R&D on performance of service firms in developing country context.

Innovation is key to industrialization in Africa and must be aligned with industrial policy. A challenge for African countries is to design and implement innovation and industrial policies that take into account the unique structural nature of African economies, in which the informal sector is prevalent. This paper argues that a measurement programme focused on innovation in the context of local economic development is imperative for setting industrial and innovation policy in Africa. Policies tend to speak and respond to those phenomena that have been subjected to measurement programmes. Is there space for designing new measures of innovation in Africa that include the informal sector? We propose a novel methodology and framework for measuring informal sector innovation, based on a local innovation and production systems approach. We end the paper with a proposal for using the evidence gathered from this methodology and a continental strategy that lends itself to direct policy intervention that has local economic development and upgrading of value chains as a goal.

This study outlined how the microenterprises overcome numerous challenges common to start-up through ‘open development’ characterized by collective sharing of knowledge, tools, equipment and workforce amongst competing microenterprises, and belonging to trade/professional associations that ensure that knowledge becomes a public good that can be accessed by everyone who needs it. The study found that majority of the microenterprises studied experienced scaling-up from between a few months to around three years from inception, while only a few scaled-up after three years. This paper shows strong positive relationships between variables capturing open development activities (internal training programmes within enterprise, knowledge acquisition from competitors within the cluster, intra-family learning and training, open innovations) and incidence of scale-up. Incidence of scale-up was captured using significant increase in the size of the enterprise, capital base, business activity or turnover or gross sales relative to start up. The study concluded that clustering of small businesses in Africa facilitates open development and is a potential avenue to overcoming the financial constraints commonly associated with small firms and can thus be an enabler of industry growth.

Purpose of the study: This study investigates the effects of entrepreneurial orientation, entrepreneurship education, and external business environment on entrepreneurial intention of Science, Technology, Engineering, and Mathematics (STEM) students ...