LEVEL OF GREEN INNOVATION ADOPTION IN CHEMICAL MANUFACTURING FIRMS IN OGUN STATE, NIGERIA
Keywords:
Chemical industry, Green innovations, stakeholders, regulations, Nigeria.Abstract
The quest to balance between an environmental sustainability and firm economic indices has generated a growing concern in the chemical industry. This is the basis for the emergent of green innovations to eliminate such notion. Nevertheless, studies have posited that regulation push from the government formed the main reason for this drive. Thus, if this push are substantial in the developing countries such as in Nigeria that remains scarcely documented, the resultant effect should be noticeable in their level of adoption. The focus of the article is to contribute to the debate by examining the status of green innovations in chemical firms in Ogun state, Nigeria. The study is descriptively set-up, with a quantitative data collection component in the form of a survey retrieving 223 questionnaire from staff of chemical companies as listed in the directory of Ministry of Commerce and Industry, Abeokuta, Ogun state. The results shows that to ‘educate, train, and motivate employees in good housekeeping methods, operation, environmental training programs and maintenance of recovery technologies’ is the utmost indicator towards the adoption of green innovation in the chemical firms. Furthermore, the industry is more committed to green managerial innovation, followed by the product and lastly is the process green innovation. The study concludes as well as offers implications as inferred from the obtained results.