The Role of Research and Innovation in Business Education as Perceived by Business Educators

The Role of Research and Innovation in Business Education as Percieved by Business Educators

The Role of Research and Innovation in Business Education as Perceived by Business Educators

 

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INTRODUCTION

BACKGROUND OF THE STUDY

Research is the process of conducting creative and systematic work with the purpose of increasing the wealth of knowledge and to invent new processes, methods and applications. Research is used to determine facts, results of previous work, provide solution to new or existing problems, and develop new theories. The aims of basic research are for  documentation, discovery, interpretation of methods and systems for the advancement of human knowledge. Creswell, J. W. (2008).

Innovation is the development of new idea, creative thoughts, new device or method. It involves the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. Innovation  leads to the provision of new and more-effective products, processes, services, technologies, or business models that are made available to markets, governments and society. Maranville, S. (1992).  Business education is a branch of education which involves the acquisition and teaching of skills relating to the operations of the business industry. Business education provide students the knowledge of the fundamentals of business practices. Business education programs consist of the basic theories of management and production. The teaching of the processes of decision making; the philosophy, theory, and psychology of management and its practical applications; business start-up and operational procedures. MacIntosh, Robert; Beech, Nic; Bartunek, Jean; Mason, Katy; Cooke, Bill; Denyer, David (2017).The study seek to appraise the role of  research and innovation in business education as perceived by business educators.

STATEMENT OF THE PROBLEM

The rapid pace of development in various sectors of the economy poses great challenge to the the teaching of business education in contemporary times. While we are in the midst of a transformational age of information, many of business education curriculums is insufficient to meet the need of the times. Many institutions still use the same curriculum models used in past in the fact of new technology and global market. The problem confronting the study is to appraise the

 role of  research and innovation in business education as perceived by business educators.

OBJECTIVE   OF THE STUDY

The Main Objective of the study is to appraise the role of research and innovation in business education as perceived by business educators; The specific objectives include

      1 To determine the relevance of research and innovation.

     2 To determine the importance of business education.

     3 To determine the role of research and innovation in business education as perceived by business educators.

RESEARCH QUESTIONS

1 What is the relevance of research and innovation?

2 What is the importance of business education?

3 What is the role of research and innovation in business education as perceived by business educators?

STATEMENT OF THE HYPOTHESIS

The statement of the hypothesis for the study is stated in Null as follows

HO    The level of research and innovation is low.

Ho   The level of business education is low.

Ho   The impact of research and innovation on business education as perceived by business educators is negative.

SIGNIFICANCE OF THE STUDY

The study investigates the role of research and innovation in business education as perceived by business educators. It provides relevant data for the effective formulation and implementation of policies          to enhance the realization of envisaged objective.

LIMITATION OF THE STUDY

The study was confronted with logistics and geographical factors.

DEFINITION OF TERMS

EDUCATIONAL SUPERVISION DEFINED

Educational Supervision consist of all effort involving school officials directed at t providing leadership to educational workers or teachers to enhance an  improved educational system and institution. The process involves the deployment of human and material resources

EDUCATION DEFINED

 Education is viewed as the process of inviting truth and possibility. It is the wise, hopeful and respectful cultivation of learning undertaken in the belief that all should have the chance to share in life.

RESEACRH DEFINED

 Research is the process of conducting creative and systematic work with the purpose of increasing the wealth of knowledge and to invent new processes, methods and applications.

INNOVATION DEFINED

Innovation is the development of new idea, creative thoughts, new device or method. It involves the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. Innovation  leads to the provision of new and more-effective products, processes, services, technologies, or business models that are made available to markets, governments and society.

 

 

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