IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 11 NO. 3 2025
DOI: 10.56201/ijebm.vol.11.no3.2025.pg105.128

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Problem Solving Ability and Innovative Behaviour of Small and Medium Scale Enterprises in Port Harcourt

Chikere, PC, PhD

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Abstract

This study determined the relationship between problem solving ability and innovative behaviour of small and medium scale enterprises in Port Harcourt. The aim of this study was to examine the relationship between solving ability and innovative behaviour of small and medium scale enterprises in Port Harcourt. The study adopted cross-sectional research design. 287 copies of questionnaires distributed and 244 copies were found fit for analysis. Multiple regression tool was adopted to analyse the hypotheses. The findings of the study showed that problem solving ability significantly relates with innovative behaviour. Based on the findings, the study concludes that problem solving ability positively correlates with the measures of innovative behaviour. Therefore, the study recommended that, government of Nigeria should invest in enhancing the financial literacy level of small and medium scale enterprise owners through trainings and incorporating financial literacy issues in formal education; so as to improve the financial performance of the SMEs.

keywords:

Problem solving ability, Innovative behaviour, Skill acquisition, Entrepreneurial

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