Competition intensity and innovation performance: insights from Nigeria micro finance sector

In a competitive market, micro finance banks need to develop creative and purposeful ideas to create value for stakeholders. This paper shed light on the relationship between competition intensity and innovation performance. The study uses surveys conducted on microfinance banks operating in Nigeria...

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Tác giả chính: Vũ Minh Hiếu
Định dạng: text::conference output::conference proceedings
Ngôn ngữ:en_US
Thông tin xuất bản: 2022
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Truy cập trực tuyến:http://repository.vlu.edu.vn:443/handle/123456789/1841
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Tóm tắt:In a competitive market, micro finance banks need to develop creative and purposeful ideas to create value for stakeholders. This paper shed light on the relationship between competition intensity and innovation performance. The study uses surveys conducted on microfinance banks operating in Nigeria. Data from 300 respondents suggest that competition intensity significantly influence innovation performance. It was observed that as competition intensifies, microfinance sector innovation performance increases. The authors conclude that microfinance banks should give attention to the nature of competition and its relationship with innovation performance.