The Innovation Effects of ICT adoption in Ghana

Abstract

Based on a sample of 523 manufacturing firms from Ghana, this study tries to uncover the direct and indirect innovation impacts of adopting ICT as a knowledge acquisition channel. The findings reveal that ICT as a source of innovation increases the likelihood of firms to become an innovator. For knowledge acquisition purpose, the adoption of ICT seeks the interaction with innovation inputs in response to the growth of new product sales. The results also suggest that Information acquired from internet is treated as a complemented source to in-house innovation to yield innovation sales new to the market while it replaces imitative innovation activities to enhance the innovation sales new to the firm