“…In backward economies it is much more difficult to find sufficient financial, knowledge and institutional support for innovation (Schmitz, 1982). In the specific case of Nigeria, Biggs et al (1995) as well as Radwan and Pellegrini (2010) noted that the context for manufacturing is of a harsh economic and institutional nature. One specific way by which firms substitute for their resource deficiencies is through networking.…”
Section: Innovation and Networking In The Developing Country Contextmentioning
confidence: 99%
“…For instance, electricity is a challenge for all Nigerian firms but its impact is more significant in the manufacturing sector. Moreover, manufacturing is much more prone to productivity losses due to poor transport infrastructure which results in production loss in transit (Radwan and Pellegrini, 2010). These partly explain why it tends to perform worse than the service sector, at least in terms of contribution to GDP.…”
“…In backward economies it is much more difficult to find sufficient financial, knowledge and institutional support for innovation (Schmitz, 1982). In the specific case of Nigeria, Biggs et al (1995) as well as Radwan and Pellegrini (2010) noted that the context for manufacturing is of a harsh economic and institutional nature. One specific way by which firms substitute for their resource deficiencies is through networking.…”
Section: Innovation and Networking In The Developing Country Contextmentioning
confidence: 99%
“…For instance, electricity is a challenge for all Nigerian firms but its impact is more significant in the manufacturing sector. Moreover, manufacturing is much more prone to productivity losses due to poor transport infrastructure which results in production loss in transit (Radwan and Pellegrini, 2010). These partly explain why it tends to perform worse than the service sector, at least in terms of contribution to GDP.…”
“…Students who major in history as their choice discipline should be encouraged to take courses that have practical orientation especially in the areas of ICT to enable them more opportunities for global competitiveness. Knowledge has always been central to development, and historically, cultures that knew more than others were better able to adapt to their environments, survive, and thrive (Radwan and Pellegrini 2010). Consequently, the promotion, management, and dissemination of knowledge in all ramifications are key to socio-economic development (Technology for Education 2012) and well-being of the country that desires to be globally competitive.…”
Section: Concluding Remarks: What Has History Got To Do With Developmmentioning
History teachers from the late twentieth century have been faced with relevance crisis of their discipline due to the commoditization of almost all disciplines and the perceived poor economic value of history. Government disposition to liberal art subjects and the highly monetized society have not helped matter as historical scholarship have been relegated. Given the continued relevance of history graduates to Nigerian economy, this paper argues that beyond its utilitarian value, its commodity value is also not in doubt; even when not flaunted, it subsists. Its economic value could be better enhanced not for the purpose of engaging in needless competition but to make it more attractive to younger generations of Nigeria while its utilitarian purpose remains.
“…For instance, using data from the World Bank Enterprise Surveys, Radwan and Pellegrini (2010) showed in an international comparison of eight mostly developing countries that Nigerian firms faced the worst electricity constraints in 2006. More than 90% of Nigerian firms had experienced power outages during that year, compared with 21% in Venezuela.…”
Section: The Business Environmentmentioning
confidence: 99%
“…Moreover, in the Nigerian context, the effect of constraints in the business environment on firm-level productivity and innovativeness has been shown to vary with certain firm characteristics such as size, location and ownership (Radwan and Pellegrini, 2010). Thus, as far as the data would allow, the following controls for firm heterogeneity are included 10 : the log of employees (SIZE), and dummies for whether the firm is located within or outside Lagos (LOCATION), 11 exports to at least one foreign market (EXPORT), belongs to a group (GROUP) or is from service or manufacturing (SERVICE).…”
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