The Impact of Research Findings in the Performance of The Manufacturing Industry

Filed in Articles by on July 20, 2022

The Impact of Research Findings in the Performance of The Manufacturing Industry.

ABSTRACT

This research work was done primarily to examine the contribution of the impact  of  research findings in the performance of manufacturing industry to the development of the economy as indicated by growth in the Gross Domestic Product (GDP), it also sought to find out the level of awareness and mode of accessibility of research findings by the manufacturing industry.

The theoretical time of the study to situate it in the context of relevant studies was carried out comprising of the study  background, objectives research question/hypothesis significant and profit of  the manufacturing industry (NB Plc) under study was written up. The data used were both primary and secondary  data  although primary data was to a limited extent.

The data was analyzed using regression analysis and the coefficient of correlation techniques. The findings of  the study revealed that the growth in the manufacturing industry greatly depend on the level of the impact of the research findings in the performance of the manufacturing industry which also was positive growth in the economy generally.

The study also revealed that there are still a lot of research  findings yet to be accessed by the manufacturing industry due to poor publicity etc. Finally, the study revealed that centralization of research work yield more and better findings than decentralized ones hence some individual private companies abandon most of their research works half way, due to huge amount of resource (fund) involved.

INTRODUCTION

The world started in a particular spot where the first human beings were placed by the Almighty Creator – God. History and theology told us that man had all he needed in the Garden of Eden where God kept them until the fall of man.

The fall of man marked the beginning of this study. That is, man started searching for food, cloth, shelter and the rest of the amenities to help life. Since then we had many ages; primitive age, stoneage and so on and so forth.

Today, world over there are a lot of discoveries, invention and development or revolution, evolution, transformations and  what have you. All these are the result of research findings.

Right now, there are series of research works going on in all aspect of human endeavour; politically, economically, socially, culturally in technology, products, marketing, in all aspect of discipline: mathematics, sociology, music, arts, sciences, ecology, philosophy, the list is endless.

BIBLIOGRAPHY

Abdul-Maliq, Y.O. (2006), Research Methodology in Business and Social Sciences, Abuja Al-Maliq & Company.
Akinyede, C.I. (1992), Didactics: The Emulation and Use of Hypotheses his Scientific Research Lagos, ASCON PrintingPress, Topo Badagry.
Armstrong, M. (1997), Human Resources Management: Strategy and Action, Kogan Publications.
Asika N. (1991), Research Methodology in the Behaviourial Sciences, Ikeja, Lagos, Longman Nigerian Plc.
Austin J. (1992), Agro Industrial Project Analysis: CriticalDesign  Factor  EDI Series  in Economic Development of the World Bank John Hopkin University Press.
Aworh O.C., (1998), Food Security and Survival of Food and  Agro Allied Industries in the Next Millennium A Key – Note Address Delivered at the 22nd Annual Conference of Nigerian Institute of Food science and Technology, Abeokuta, Nigeria.

CSN Team.

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