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. 10 NO. 11 2024
DOI: 10.56201/ijebm.v10.no11.2024.pg308.317

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Technological Innovation Strategies and Management of Public Enterprises in Bayelsa State

U.D Ukoha, Prof I. Asiabaka, Prof I. Ogolo, and Dr K. Ugwu

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Abstract

This study investigated the effect of technological innovation strategies in the management of selected public enterprises in Bayelsa State. Specifically, the study seeks to: evaluate the management knowledge of technology innovations; estimate the management adoption of technology innovations; determine the influence of management access on technology innovations; and ascertain the effect of deployment of technology innovations on the management process of public enterprises. The descriptive research adopted a survey design in gathering data. Correlational research design was also used to investigate the relationship between the study variables. Data was collected from the staff of the selected public enterprises in Bayelsa State (Bayelsa Oil Company Ltd, Bayelsa Transport Company, and Bayelsa Palms). Over 200 were studied using questionnaire links sent to staff via email and WhatsApp. The findings of the study revealed that there was a high level of management knowledge of technological innovations in public enterprises in Bayelsa State. There was a high level of management adoption/deployment of technological innovations in public enterprises in Bayelsa State. Access to technological resources significantly (p<0.05) influenced the adoption of technology innovations in public enterprises. There was a significant (p<0.05) positive relationship between the deployment of technology innovations and service delivery in public enterprises. Implementing technological innovations enhances service delivery, leading to improved efficiency, effectiveness, and customer satisfaction. Cost of acquisition and implementation of technological resources, lack of technical expertise, and lack of clear adoption strategies are significant barriers to the adoption of technological innovations in public enterprises. Based on these findings, it is evident that public enterprises in Bayelsa State need to focus on strengthening management knowledge o

keywords:

Technological innovation, management, public enterprises, adoption, deployment, service delivery, and organisational performance.

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