Evaluating Innovations in Small and Medium Scale Enterprises in Bayelsa State

Innovation in its modern meaning is "a new idea, creative thoughts, imaginations form of device or method". often also viewed as the application better solutions that meet requirements, unarticulated needs, existing market needs. Such innovation takes place through provision more effective products, processes, services, technologies. The aim paper to give view on activities small and medium enterprises (SMEs) sector Bayelsa state. divided into two parts. Firstly, evaluate situation conducted by state, identifying main barriers develop activities, formulate some recommendations how overcome these barriers. second part present importance innovativeness, which one prerequisites for successful activities. Main findings revolve around facts product innovations are predominant SMEs state there a significant impact growth firms‟ turnover, profitability employment generation. And recommended Prospective entrepreneurs given resource constraints weak/unstructured National Systems (NIS) characterize developing economies, it makes sense assume therein would focus incremental have positive firm performance students entrepreneurship education should be exposed different innovative schemes, government support grants aid.