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Demographic Change And Industry-Specific Innovation Patterns In Nigeria: The Implication For Knowledge Management Practices

Author

Listed:
  • Ololade Grace ADEWOLE

    (National Centre for Technology Management (NACETEM), Obafemi Awolowo University, Ile-Ife, Nigeria)

  • Jacob Kehinde OPELE

    (National Centre for Technology Management (NACETEM), Obafemi Awolowo University, Ile-Ife, Nigeria)

Abstract

The demographic change in Nigeria has posed a new challenge to individuals, groups and the government, this is because the change is skewing towards the young population of working age groups who are unemployed because of low emphasis on the significance of innovation and knowledge management practices among the decision making entities in Nigeria, as a result, many young Nigerians are increasingly frustrated due to lack of job opportunities despite their intellectual accolades. This study employed a survey design. Data was collected by means of the primary source with the aid of a questionnaire administered to 450 engineers and scientists in the industrial sector of Nigerian. Data analysis involves the use of descriptive statistics. The results show that engineers and scientist within the ages of 15-29 years produced less publication, introduced fewer products/service innovation and produced fewer prototypes. The study also showed that the respondents introduced a few technological innovations due to inadequate exposure to innovation activities within their sector. It was concluded from the study that low level of innovative productivity among Nigerian Engineers and industrial scientists will not only pose a threat to the future technological growth and innovation potential of the scientist and engineers but will lead to underdevelopment in the country. It was recommended that a strong collaboration between industry and academicians will help to integrate and annex the country knowledge asset who are products of an educational institution into the industry for sustainable economic growth and development. It was recommended that this will foster the culture of knowledge creation, knowledge sharing, knowledge dissemination, knowledge utilization and knowledge application which are all product of the minds and innovations.

Suggested Citation

  • Ololade Grace ADEWOLE & Jacob Kehinde OPELE, 2019. "Demographic Change And Industry-Specific Innovation Patterns In Nigeria: The Implication For Knowledge Management Practices," Noble International Journal of Social Sciences Research, Noble Academic Publsiher, vol. 4(2), pages 25-32, February.
    • Handle: RePEc:nap:nijssr:2019:p:25-32
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    References listed on IDEAS

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    3. Romer, Paul M, 1987. "Growth Based on Increasing Returns Due to Specialization," American Economic Review, American Economic Association, vol. 77(2), pages 56-62, May.
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