Technological Opportunities, Intellectual Property Rights and SMEs Growth in North Central Nigeria.

LOHOR, Fredrick Kwarpo, Gumut, Martins Guning, ECHOR, Jacob

Keywords: Technological Opportunities, Intellectual Property Rights, SMEs Growth

Abstract

This study examined the effect of technological opportunities and intellectual property rights on SMEs growth in North Central Nigeria. A survey research design using a structured questionnaire to collect data from respondents. The questionnaire was developed to elicit responses from the owners and managers of SMES on the effect of technological opportunity and intellectual property rights on small and medium enterprises growth in North Central Nigeria. A total number of 400 copies of the questionnaire had been distributed to respondents, while 400 copies were returned, 2 cases of the returned questionnaire were removed due to inappropriate filling. This study adopted the Partial Least Square Structural Equation Modelling (PLS-SEM). The result revealed that technological opportunity and Intellectual property right have positive effects on growth of small and medium enterprises in the North-Central States of Nigeria. The study recommended SMEs should engage with customers to understand their pain points and needs. Look for technology-driven solutions that can address these pain points and improve their overall experience with their products or services and SMEs should regularly assess their business intellectual property assets and potential vulnerabilities to identify which assets need protection and determine the appropriate type of protection for each.

Published

August, 2024

ISSUE

VOL.4.NO.2

Citation

LOHOR, Fredrick Kwarpo, Gumut, Martins Guning, ECHOR, Jacob (August, 2024). Technological Opportunities, Intellectual Property Rights and SMEs Growth in North Central Nigeria. . International Journal of Marketing and Management Sciences,(VOL.4.NO.2), 173 - 184.

APA format

LOHOR, Fredrick Kwarpo, Gumut, Martins Guning, ECHOR, Jacob. "Technological Opportunities, Intellectual Property Rights and SMEs Growth in North Central Nigeria. ." International Journal of Marketing and Management Sciences, vol. , no. VOL.4.NO.2, August, 2024, pp. 173 - 184.

MLA format

LOHOR, Fredrick Kwarpo, Gumut, Martins Guning, ECHOR, Jacob. August, 2024. "Technological Opportunities, Intellectual Property Rights and SMEs Growth in North Central Nigeria. ." International Journal of Marketing and Management Sciences , no. VOL.4.NO.2: 173 - 184.

Chicago format

LOHOR, Fredrick Kwarpo, Gumut, Martins Guning, ECHOR, Jacob (August, 2024). "Technological Opportunities, Intellectual Property Rights and SMEs Growth in North Central Nigeria. ." International Journal of Marketing and Management Sciences, vol. , no. VOL.4.NO.2, pp. 173 - 184.

Harvard format