Green Innovation Tools and Performance of Selected Pharmaceutical Firms in Ilorin Metropolis Quantitative Approach
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Abstract
This paper investigated the effect of green innovation tools on the performance of selected pharmaceutical firms in Ilorin Metropolis, Nigeria. A descriptive survey research design was used in the study. The target population comprised 284 managerial staff, regular staff and factory workers of the selected pharmaceutical firms Taro Yamane formula was used to determine sample size. Stratified random sampling and proportionate sampling techniques were used to group the sample into definite categories of managerial staff, regular staff and factory workers and for adequate representation. A validated questionnaire was administered and a total of 257 were retrieved for analysis. The data collected were analyzed using PLS-CEM. The findings revealed that green innovation tools had a positive and significant effect on organizational performance. The study recommended that Pharmaceutical firms need to invest in research and development to develop new green technologies and products: this could help them to remain competitive in the industry while also contributing to the development of sustainable practices.
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