KNOWLEDGE EXPLOITATION AND FIRM RADICAL INNOVATION IN DEPOSIT MONEY BANKS IN AKWA IBOM STATE

This study, “knowledge exploitation and firm radical innovation in Nigeria; A Study of deposit money banks in Akwa Ibom State” was to examine the relationship between Knowledge exploitation and firm radical innovation in Akwa Ibom State. In specific, some of the objectives include: to examine the relationship between competency and firm radical innovation in Nigeria; to examine the relationship between knowledge exploration and firm radical innovation in Nigeria and to investigate on the relationship between knowledge sharing and firm radical innovation in Nigeria. A total population of three hundred (300) workers in deposit money banks in Akwa Ibom State was ascertained through purposive sampling techniques to have 150 male and 150 female respondents on purpose for this study because it is suitable for addressing the issue or research at hand and it gives a wider view selection of the respondents of the study at ease effort. In order to collect primary data, 300 questionnaires were administered to the male and female entrepreneurs in Uyo metropolis. After analyzing the variables, the result of the findings is that there is a positive knowledge exploitation and firm radical innovation in Nigeria; A study of workers in deposit money banks in Akwa Ibom State. Thus, the strategies that firms applies when utilizing knowledge exploitation to keep a competitive edge with the understanding of innovation strategic which will impact positively on the firm’s performance.