Innovation and Internationalization of Nigeria Deposit Money Banks

The study investigated the effect of service and process innovation on internationalization of Nigeria deposit money banks, using a survey research design. A structured questionnaire was administered to a purposively selected sample of seven hundred and sixty five (765) staff of five international b...

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Main Authors: Moruff Sanjo Oladimeji, Adebiyi Julius Abosede, Benneth Uchenna Eze
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2018-08-01
Series:Emerging Markets Journal
Subjects:
Online Access:http://emaj.pitt.edu/ojs/index.php/emaj/article/view/144
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author Moruff Sanjo Oladimeji
Adebiyi Julius Abosede
Benneth Uchenna Eze
author_facet Moruff Sanjo Oladimeji
Adebiyi Julius Abosede
Benneth Uchenna Eze
author_sort Moruff Sanjo Oladimeji
collection DOAJ
description The study investigated the effect of service and process innovation on internationalization of Nigeria deposit money banks, using a survey research design. A structured questionnaire was administered to a purposively selected sample of seven hundred and sixty five (765) staff of five international banks; from the population of one thousand six hundred and fifteen (1615) staff of strategy and international operation departments of the ten Central Bank of Nigeria (CBN) licensed international banks. Ordinary Least Squares was employed to estimate the regression model and this was done with the aid of STATA 12. The findings revealed that service and process innovation significantly affect bank’s internationalization. It is therefore recommended that banks seeking internationalization should adopt services and processes innovativeness strategy.
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spelling doaj.art-7ea9150b8a7a4e89b42d01594c666e722022-12-22T02:16:47ZengUniversity Library System, University of PittsburghEmerging Markets Journal2158-87082018-08-018111110.5195/emaj.2018.14498Innovation and Internationalization of Nigeria Deposit Money BanksMoruff Sanjo Oladimeji0Adebiyi Julius Abosede1Benneth Uchenna Eze2Olabisi Onabanjo UniversityOlabisi Onabanjo UniversityHallmark UniversityThe study investigated the effect of service and process innovation on internationalization of Nigeria deposit money banks, using a survey research design. A structured questionnaire was administered to a purposively selected sample of seven hundred and sixty five (765) staff of five international banks; from the population of one thousand six hundred and fifteen (1615) staff of strategy and international operation departments of the ten Central Bank of Nigeria (CBN) licensed international banks. Ordinary Least Squares was employed to estimate the regression model and this was done with the aid of STATA 12. The findings revealed that service and process innovation significantly affect bank’s internationalization. It is therefore recommended that banks seeking internationalization should adopt services and processes innovativeness strategy.http://emaj.pitt.edu/ojs/index.php/emaj/article/view/144Internationalization, Innovation, International Entry Strategies, Institutional Theory, Joint Venture
spellingShingle Moruff Sanjo Oladimeji
Adebiyi Julius Abosede
Benneth Uchenna Eze
Innovation and Internationalization of Nigeria Deposit Money Banks
Emerging Markets Journal
Internationalization, Innovation, International Entry Strategies, Institutional Theory, Joint Venture
title Innovation and Internationalization of Nigeria Deposit Money Banks
title_full Innovation and Internationalization of Nigeria Deposit Money Banks
title_fullStr Innovation and Internationalization of Nigeria Deposit Money Banks
title_full_unstemmed Innovation and Internationalization of Nigeria Deposit Money Banks
title_short Innovation and Internationalization of Nigeria Deposit Money Banks
title_sort innovation and internationalization of nigeria deposit money banks
topic Internationalization, Innovation, International Entry Strategies, Institutional Theory, Joint Venture
url http://emaj.pitt.edu/ojs/index.php/emaj/article/view/144
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AT adebiyijuliusabosede innovationandinternationalizationofnigeriadepositmoneybanks
AT bennethuchennaeze innovationandinternationalizationofnigeriadepositmoneybanks