Knowledge Transfer and Business Performance: A Study of Manufacturing Organizations in Ogun State, the Federal Republic of Nigeria
Knowledge Transfer and Business Performance: A Study of Manufacturing Organizations in Ogun State, the Federal Republic of Nigeria
Author(s): Olufemi Ogunkoya, Adeola E. Adetayo, Emmanuel Y. OgundeleSubject(s): Economy, National Economy, Business Economy / Management, Micro-Economics, Human Resources in Economy, Socio-Economic Research
Published by: Икономически университет - Варна
Keywords: knowledge transfer; trust; communication; business performance
Summary/Abstract: The study examines the impact of knowledge transfer on business performance in the manufacturing sector in Nigeria based on the sample of 20 manufacturing organizations in Shagamu local government, Ogun State, Nigeria. The data used for this study were cross sectional data that were primarily sourced from the workers of those sampled manufacturing organizations through questionnaires as the instrument of data collection and responses from one hundred and fifty-three (153) respondents. The data were analyzed using Ordinary Least Square (OLS) regression technique for analysis and estimating the relationship and effect between explanatory variables and dependent variable. The findings of the study with 5% level of significance revealed that with β value .204 and t-value 2.420 (p = 0.017), trust has a direct relationship and significant effect on business performance. With β value .366 and t-value 4.826 (p = 0.000), communication has a direct relationship and significant effect on business performance. It is, therefore, recommended that management should encourage effective communication and trust among the employees, leaders to spell-out organizations objective unambiguously and also advise that management should consider making the knowledge star workers to have a feeling of participation and input in the management process.
Journal: Izvestiya. Journal of Varna University of Economics
- Issue Year: 65/2021
- Issue No: 1
- Page Range: 86-101
- Page Count: 17
- Language: English