Green Innovations and Performance of Small and Medium Enterprises in Nigeria

Abstract

Abstract

This study evaluates the relationship between green innovations and performance of Small and Medium Enterprises (SMEs). The objectives are to examine the connection between green knowledge, green products, green process, green management and performance of SMEs. The sample size for this study was (75) and questionnaires were employed as the source of data collection and administered to respondents. The hypotheses were tested using ordinary least square regression and the findings revealed that there is no significant relationship between green knowledge and performance. This is contrary to the fact that three of the independent variables namely; green product, green process and green management exhibit significant positive relationships with performance of SMEs in Nigeria. The study recommends that management should devote more effort to acquiring comprehensive knowledge of green innovation and invest more on research and development of green product as a means of sustaining businesses.

Key Words: Green Innovations, Performance, Knowledge, Products.