. The Place of Innovation and Indigenous Technology in National Economic Transformation
Chiejine Chinedu Michael
Department of Electrical/Electronic Engineering Technology Delta State Polytechnic Ogwashi-Uku, Delta State, Nigeria
Email: pstchiejine@yahoo.com
Abstract
It has been observed over time that due to lack of appropriate technology and innovation utilization of human and natural resources has suffered a grave set back whereby the economy of the Nation have been seen as an object of mockery. And is imperative to note that although the nation is richly blessed with human capital, the potentials of the materials has remained untapped due to leadership inequalities where there is no innovative focus, this research work tend to studied the causative factors and explain how each factor affects innovation and technology and found solution to unravel this problem. Literature survey identified 37 unique variables that are important to application of innovation and technology in adding value to production of goods and services in Nigeria. These variables have been arranged in descending sequential order of importance with the aid of Kendall’s coefficient of concordance as follows. The rank ordering by the 13 judges showed a consistency index of 0.756 suggesting that the judges appear to have done the ranking with the same set of criteria. The coefficient of concordance obtained was confirmed with chi-square test statistics, whose claim discordance rejected at a p – value of 0.05, implying then that the judges were in close agreement in carrying out the ranking. We affirm that based on the judge’s wisdom the top five sources of innovation. Overall we affirm that based on the judge’s wisdom and knowledge the top five sources of innovation in descending order of importance comprises namely: MOT, Serendipity and the rest 32 ordered variable.