Abstract
Objective: Despite the potential of digital innovation platforms to improve farmers’ welfare its adoption is low due to scanty empirical evidence on the subject matter. Therefore, this study examined the contribution of digital innovation platforms to fish farm output and income in Nigeria. Material and Methods: Data gathered from 187 catfish farmers were analysed using descriptive statistics and t-tests. Results: The results revealed that digital innovation platform provides credit facilities to fish farmers to boost their production activities. Before fish farmers adopted the digital innovation platform, they stocked an average of 733.12 fingerlings, which increased to 952.83 fingerlings after adopting digital innovation. Also, the adoption of digital innovation platforms significantly increased fish farm output from 742.28 kg to 1,057.81 kg. Fish farmers’ revenue from fish farming consequently increased from N540,905.11 Nigerian Naira(USD 1,307.01) to N780,444.98 Nigerian Naira(USD 1,885.82) after adopting the digital innovation. Therefore, the adoption of digital innovation significantly increased farm output and income by 42.51% and 44.29%, respectively. Conclusion: Digital innovation platforms significantly improved farmers’ welfare. Based on this, this study advocates that fish farmers should be encouraged to adopt digital innovation platforms by creating awareness and providing more funds through digital innovation platforms.
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