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Technological Environment and Performance of Medium Enterprises in Ogun State

This study evaluates the technological environment and performance of medium enterprises in Ogun State 
using technological adaptability, transfer and adoption as variables of study. The population of the study consists of 
1,868 Medium Enterprises in Ogun State and derived a sample size of 330 Medium Enterprises through Taro Yamane 
Model. The study engaged descriptive survey research with an administered questionnaire as the instrument of research. 
The overall model results were significant at a 5percent level of significance. The research study found that technological 
transfer, adoption and adaptability have a positive significant effect on Medium Enterprises in Ogun State. The study 
concludes that innovative practice and management usually bring adoption of technology through its acquisition no 
matter its costs to the organization usually allowing the Enterprises to remain in business in the light of tight competition. 
Organizational capability internally assists in aligning with external capability in technological adaptability while the 
collaboration of the organization through meetings is the source of technological transfer. It was recommended that 
Medium Enterprises should continue with innovative practice management, collaboration, infrastructural facility 
upgrades and acquisition of new technology to be in business in the light of competitive situation.

Authors: Rasaki A. Raji & Oluyemi K. Raji