INNOVATIVENESS AND FIRMS DYNAMIC CAPABILITIES OF SME’S INYENAGOA, BAYELSA STATE

JASMINE Okponanabofa Tamunosiki-Amadi
Department of Management, Faculty of Management Sciences
Niger Delta University, Wilberforce Island, Bayelsa State Nigeria
jassy.tammy@yahoo.com; +2348035237880
EBIPIRI Timi Mahlon
Department of Management, Faculty of Management Sciences
Niger Delta University, Wilberforce Island, Bayelsa State
Nigeria

Abstract
The study examined the connection between innovativeness and firm dynamic capability. To measure
the relationship between the variables, the correlation survey design was used. All registered small
and medium-sized businesses in Yenagoa, Bayelsa State, formed the study population. In the study,
149 small and medium-sized businesses were used as the population of the study. A sample size of
109 members was chosen from the SMEs. The questionnaire instrument was utilized to obtain
information. The Spearman Rank Correlation Coefficient was embraced to test the speculations with
the guide of SPSS adaptation. The results demonstrated a correlation between innovativeness and firm
dynamic capability. The researcher concluded that there is a significant relationship between
innovativeness and firm dynamic capability. However, it was recommended that the management of
small and medium scale firms should formulate and implement innovative policies to boost
responsive capabilities to cover the overall agility of the firm during turbulent period.

Keywords: Firm’s dynamic capability, innovativeness, timeliness, small and medium enterprises

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