Faculty of Agriculture

Permanent URI for this community

https://ir.oauife.edu.ng/handle/123456789/6192

Browse

Browsing Faculty of Agriculture by Author "ABULOYE, Olorunfemi Isaac"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Open Access
    A STUDY OF TECHNOLOGICAL ALLIANCE AND PERFORMANCE OF INDIGENOUS BAKERY INDUSTRY IN OSUN STATE NIGERIA
    (AFRICAN INSTITUTE FOR SCIENCE POLICY AND INNOVATION, FACULTY OF TECHNOLOGY. OBAFEMI AWOLOWO UNIVERSITY, ILE-IFE., 2022) ABULOYE, Olorunfemi Isaac
    The study examined the performance of the indigenous bakery industry in Osun State. It investigated the forms of technology alliances in the bakery industry and evaluated the impact of technology alliance on the performance of the bakery firms. This was with a view to recommending policy interventions that could raise the performance of the indigenous Bakers. The study covered indigenous bakeries in Osun State. Data were collected from primary and secondary sources. Primary data were collected using well-structured questionnaire. Three towns were purposively selected from the state namely: Osogbo, Ile Ife and Ilesha. A total of 120 copies of questionnaire were distributed to the respondents that were reached using the snowball technique. Forty-Eight questionnaire were distributed in Osogbo while thirty six questionnaire were distributed each in Ile Ife and Ilesha. The questionnaire elicited information on the sociodemographic characteristics of the respondents, the forms of alliances in the bakery industry, as well as the benefits of engaging in alliances. Secondary data were sourced from journals, textbooks and other relevant publications. The method of data analysis used in the study involved descriptive statistics and inferential statistics. The data collected were analyzed using Statistical Package for Social Sciences (SPSS, 20) software. The results showed that about 60% of the respondents reported that the present worth of their business was high, and 18.3% claimed that their estimated asset at the beginning of their business was high this shows that the bakeries were performing well. Also, 45% claimed that their sales volumes per day were very high while 49.2% claimed that their output levels per day were high. About 83% of the 120 respondents formed alliances with people of related business and most of the respondents were into alliance through their business group (48.4%) and 6% of the respondents were into alliance because it is compulsory. Meanwhile, 41.7% of the respondents had collaborations with a particular supplier of the raw materials they used in baking while the remaining had business arrangements with research institutes and sales agents. Few of the respondent (16.7%) engaged in technical alliance with people of related business. Furthermore, the result of the regression analysis showing the effect of technology alliances on performance of the bakery industry showed that about 72.4% of the variation in bakery performance can be explained by technology alliance. The study concluded that indigenous bakeries engaged in some level of technology alliances mostly with the suppliers of raw materials, and technology alliances in the industry has positively impacted the performance of the bakery firms which would help in formulating policy interventions that could raise the performance of the indigenous bakeries