Capability building and business development practices in the public research and development organisations in Nigeria
The utilisation of organisations technological capability contributes generally to national economic development, while its lack prevents such development, and the identification of attractive business opportunities. This study examines current management practices in capability building and busines...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
2014-05-01
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| Series: | South African Journal of Economic and Management Sciences |
| Online Access: | https://sajems.org/index.php/sajems/article/view/1047 |
| Summary: | The utilisation of organisations technological capability contributes generally to national economic development, while its lack prevents such development, and the identification of attractive business opportunities. This study examines current management practices in capability building and business development processes in public R&D organisations in Nigeria using a questionnaire technique. The questionnaire was administered to 144 respondents in 18 public R&D organisations in the country. Some management practices rate poorly when compared with those of similar organisations in developed countries. Research facilities, buildings and other infrastructure are also found to be at various levels of disrepair. Better management practices and an effective system of funding for R&D organisations from excess crude oil proceeds are recommended for increased organisations productivity. |
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| ISSN: | 1015-8812 2222-3436 |