The nexus between R&D, innovation and profitability of indigenous oil firms: A structural equilibrium model approach
Summary. Research and development spending directly boosts profitability in Nigerian oil companies and works indirectly through both technological and non-technological innovation. Technological innovation delivers stronger indirect effects than non-technological innovation. Indigenous oil firms maximize profits by investing in R&D alongside both innovation types rather than choosing one approach alone.
Cite this article
Akinwale, Y. O.. (2017). The nexus between R&D, innovation and profitability of indigenous oil firms: A structural equilibrium model approach. https://doi.org/10.1109/iscbi.2017.8053554
Akinwale, Yusuf Opeyemi. “The nexus between R&D, innovation and profitability of indigenous oil firms: A structural equilibrium model approach.” 2017. https://doi.org/10.1109/iscbi.2017.8053554.
Akinwale, Yusuf Opeyemi. 2017. “The nexus between R&D, innovation and profitability of indigenous oil firms: A structural equilibrium model approach.” https://doi.org/10.1109/iscbi.2017.8053554.
@article{akinwale-2017-nexus-between-r-amp-d,
title = {The nexus between R&D, innovation and profitability of indigenous oil firms: A structural equilibrium model approach},
author = {Yusuf Opeyemi Akinwale},
year = {2017},
doi = {10.1109/iscbi.2017.8053554},
url = {https://doi.org/10.1109/iscbi.2017.8053554}
}
TY - JOUR TI - The nexus between R&D, innovation and profitability of indigenous oil firms: A structural equilibrium model approach AU - Yusuf Opeyemi Akinwale PY - 2017 DO - 10.1109/iscbi.2017.8053554 UR - https://doi.org/10.1109/iscbi.2017.8053554 ER -
Details
- DOI
- 10.1109/iscbi.2017.8053554
- Countries
- Nigeria
- Regions
- Africa
- Categories
- innovation-theory, entrepreneurship
- Added
- 2026-04-28