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Innovation Strategy and Sustainability of Micro, Small and Medium Enterprises in South East Nigeria

Onyeizugbe Chinedu Uzochukwu


Orogbu Lilian Obiageli


Nwankwo Obianuju Uche


Onuzulike Nkechi

Onyeizugbe Chinedu Uzochukwu 1 ,

Orogbu Lilian Obiageli 1 Nwankwo Obianuju Uche 1 Onuzulike Nkechi 1 
  1. Department of Business Administration, Nnamdi Azikiwe University, Awka, Nigeria. 1

Pages: 71-80

DOI: 10.18488/journal.62.2020.72.71.80

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Article History:

Received: 18 November, 2019
Revised: 30 December, 2019
Accepted: 06 February, 2020
Published: 24 March, 2020


The current challenges and competition facing micro, small and medium enterprises in Nigeria today which is as a result of innovation has become a threat to the development of Micro, Small and Medium Enterprises. Therefore this study seeks to determine the extent to which innovation strategy can sustain MSMES in South East, Nigeria. The specific objective is to identify the extent of relationship that exists between disruptive innovation and business value contribution of MSMES in South East Nigeria. The study was guided by one research question and one hypothesis. The correlational survey design was adopted. The study was anchored on Schumpeter’s Innovation Theory (1885-1972).The population of the study was 1544 MSMES and 317 were sampled. The data used was primary data collected through structured questionnaire. The data collected was analyzed using Pearson Product Moment Correlation. The findings revealed that there is a positive relationship between disruptive innovation and business value contribution of Micro, Small and Medium Enterprises in South East Nigeria. The study recommends among others that Micro, Small and Medium Enterprises should ensure that their employees are competent so as to measure to the innovative changes in the industry.
Contribution/ Originality
The study contributes in the existing literature by establishing how innovation strategy impacts on the sustainability of MSMEs in South East Nigeria.


Innovation strategy, Sustainability, Business value contribution, Disruptive Innovation , Micro Small, Medium enterprises.



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Banerjee, L. (2015). Marketing innovation and sustainable competitive advantage of manufacturing SME. Journal of Information Technology, 25(2), 189–204.

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This study received no specific financial support.

Competing Interests:

The authors declare that they have no competing interests.


All authors contributed equally to the conception and design of the study.

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