Innovation Capacities and Barriers

What Impacts on the Financial Performance of Enterprises in Cameroon?

Authors

  • Hippolyte Nkeng TENENG University of Dschang
  • Samuel TENJEH MUKAH The University of Bamenda
  • Martin NGASSA University of Yaounde 2
  • Ose HANKO University of Buea
  • Sidiki ABOUBAKAR Higher Institute of Management and Entrepreneurship, Center for Research, Entrepreneurship, Manager and Innovation in Africa (CREMIA),

DOI:

https://doi.org/10.59051/joaf.v13i1.546

Keywords:

Innovation, creativity, innovation capacity, innovation barrier, performance

Abstract

Objective: The purpose of this research is to understand how innovation capacity and barriers affects the financial performance of enterprises, based on an empirical study covering 640 enterprises in Cameroon.

Method: This work is a quantitative study based on a hypothetico-deductive approach and data used is secondary, extracted from a database conducted by the International Development Research Center. With a huge sample of enterprises in Cameroon, data is processed using SPSS for Windows 12.0 software package. An explanatory analysis through the cross sorting, the chi-squared test and the binary logistical regression model is used.

Results: Findings reveal that some aspects of innovation capacity and barrier like new organizational methods of working and decision-making, new techniques or media for product promotion, foreign licensed production technology and the lack of external funding have a positive and significant impact on the financial performance of enterprises in Cameroon.

Original value: In this study, some dimensions of innovation barrier are taken into account, studying how they limit the innovativeness of enterprises and their resultant effects on the financial performance of these enterprises, constituting our major contribution.

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Author Biographies

Hippolyte Nkeng TENENG, University of Dschang

Doctorant à la faculté des Sciences Economiques et de Gestion de l'Université de Dschang

Samuel TENJEH MUKAH, The University of Bamenda

Head of Department, Department of Accounting and Finance, Higher Institute of Commerce and Management, The University of Bamenda

Martin NGASSA, University of Yaounde 2

Lecturer, Department of Accounting and Finance, Faculty of Economics and Management Sciences, The University of Yaoundé 2

Ose HANKO, University of Buea

Lecturer, Department of Accounting, Faculty of Social and Management Sciences, University of Buea, Buea, Cameroon

Sidiki ABOUBAKAR, Higher Institute of Management and Entrepreneurship, Center for Research, Entrepreneurship, Manager and Innovation in Africa (CREMIA),

Higher Institute of Management and Entrepreneurship, Center for Research, Entrepreneurship, Manager and Innovation in Africa (CREMIA),

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Published

2022-06-30

How to Cite

TENENG, H. N., TENJEH MUKAH, S., NGASSA, M., HANKO, O., & ABOUBAKAR, S. (2022). Innovation Capacities and Barriers: What Impacts on the Financial Performance of Enterprises in Cameroon?. Journal of Academic Finance, 13(1), 140–158. https://doi.org/10.59051/joaf.v13i1.546

Issue

Vol. 13 No. 1 (2022): Spring 2022

Section

Articles

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Copyright (c) 2022 Hippolyte Nkeng Teneng , Samuel Tenjeh Mukah , Martin Ngassa, Ose Hanko , Sidiki Aboubakar

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