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Rapid investment in inventory has drastically changed the working and business environment of the agriculture industry, especially agricultural based institutions. The purpose of this study is to evaluate the role of inventory investment practices to explain on innovation performance of a selected agricultural based institution in Nigeria. This study evaluates the components of inventory costs as determinants of inventory investment in the selected agricultural based institution in Nigeria. The study contributes to knowledge by employing the use of survey research and simple random sampling technique to collect data from 98 agricultural students. The results of the regression analysis shows that the components of this model have an effect on inventory investment practices and innovation performance. This study found that inventory investment practices account for 38% of innovation performance. The study recommends that proper inventory investment practices be employed by these institutions to improve innovation performance. Keywords: Investment, inventory, innovation, performance, institutions, agriculture

This research paper presents a reconceptualization operational efficiency construct within an institution context, specifically, in the Nigerian higher educational Institution-University. The research applied a single case study of Covenant University, Ota, Ogun State, Nigeria. This study used a multi-stage development of scale process where on an online survey. Seven dimensions were identified: teaching, research and publication, recruitment and selection, community service, technology, training and development and effective communication. The study provides evidence of the scale's reliability and validity. The scale proposes a new approach to measure, evaluate operational efficiency within the higher educational institution, and shows the need to go beyond the traditional approach to efficiency.

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