Research And Business Innovation For Sustainable Development: Prospects And Challenges For Today’s Intellectuals

Abstract

The study investigated the role of research and business in enhancing sustainable development by making brief comparism between G7 industrialized countries versus Nigeria and South Africa. Four objectives were stated to guide the study. In pursuance of the objectives, data were collected via secondary source. Specifically, the Secondary Data on the steps of the Research Process is got from Asika. The Secondary Data on Some Business Problems is got from Enikanselu, Ojodu, and Oyande,. The Secondary Data on the Structure of Output for the Group of 2 Industrialized Countries compared with South Africa and Nigeria is got from Ibhadode .  Among others, the findings reveal that South Africa outperformed the G7 industrialized countries in structure of output 2 out of 5 times, and equal them in one. Among others, it was recommended that backed by national policy, the intellectuals in the Developing countries as strategic managers, administrators and economic policy makers should  use the five stages of research process to solve typical business problems and then  strive to equal or outperform the G7 countries in structure of output.

Keywords: Sustainable Development, Industrialize, Research, Business Innovation.