scholarly journals The Concept and Application of ICT on SMEs performance in Nigeria: Limitation and Challenges

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Temitope Teniola Onileowo ◽  
Ayodeji Ireti Fasiku
Keyword(s):  
Communication Technology ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Research Work ◽  
Information Communication Technology ◽  
Deep Understanding ◽  
Operating Efficiency ◽  
Business Practices ◽  
Information Communication ◽  
Medium Enterprises

Small and Medium Enterprises (SMEs) play a vital role in growing and building developing nations' national economy. This study investigates a deep understanding of the influence of Information Communication Technology (ICT) on SMEs' performance in Nigeria. The study found out that most SME owners engage in local business practices in nature of the operation, and marketing strategies are limited within the country. Hence, this is a growing concern, the need to broaden the field of doing business through global integration with ICT aid, which would improve the country's economic growth at large. Based on the literature reviewed, this research work helps to identify the underlying causes, limited ICT readiness, its effectiveness and the need for ICT implementation into business processes, and the knowledge of its potential benefit. Therefore, this paper examines the role of ICT in small businesses' performance; this is estimated to enhance firm productivity and increase profitability, improving overall SMEs’ performance. The study recommends that provision be made for more ICT training facilities, and SMEs need to embrace information and communication technology in terms of resources, networks, and consumer skills. Entrepreneurs are to be enlightened and educated on how ICT can be used to boost operating efficiency. The government should create an enabling environment by offering ICT infrastructure that will promote its growth and implementation in SMEs. This study's data relied on secondary data and current research on SMEs worldwide, focusing on Nigeria. Keywords: Small and Medium Enterprises, Information Communication Technology, Limitation, Challenges

scholarly journals Towards An Integrated Framework For Studying Information And Communication Technology (ICT) Adoption From A Dynamic Process Perspective

2014 ◽  
Vol 2 (2) ◽  
pp. 38-49
Author(s):  
Sunday C. Eze
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Ict Adoption ◽  
Adoption Research ◽  
Information And Communication ◽  
Process Perspective ◽  
Participation Process ◽  
Medium Enterprises

Information and Communication Technology (ICT) adoption research especially in small and medium enterprises (SMEs) has moved from a simple adopters’ participation process to involving diverse actors that continually interact and influence the process. Small businesses need constantly interact with various human and non-human actors to keep up with the emerging ICT development and benefit from the emerging opportunities (Eze et al 2012, Eze, 2013; Eze et al 2014). However; this has proved difficult. This paper reviews three prominent theories of ICT adoption, integrates and develops a model from them to assist researchers make substantial theoretical advancements in this area

scholarly journals E-PROCUREMENT PERSPECTIVES IN CONSTRUCTION SECTOR SMES/E. PIRKIMŲ PERSPEKTYVOS SMULKIOSE IR VIDUTINĖSE STATYBŲ SEKTORIAUS ĮMONĖSE

2008 ◽  
Vol 14 (4) ◽  
pp. 287-294 ◽  
Author(s):  
Elena Vitkauskaitė ◽  
Rimantas Gatautis
Keyword(s):  
Construction Industry ◽  
Communication Technology ◽  
Small And Medium Enterprises ◽  
Future Scenarios ◽  
Construction Sector ◽  
Information Communication ◽  
Procurement Process ◽  
Construction Companies ◽  
Increase Productivity ◽  
Medium Enterprises

Although the construction sector plays an important role in European economics, the use of information communication technology (ICT) systems in this industry is very low while the potential of e‐Business to increase productivity and efficiency is not exploited. This paper aims to identify internal processes which are most important to small and medium enterprises (SME) in construction industry and to estimate opportunities to adapt ICT in order to optimise those processes. The methodology used ‐ analysis of current processes in construction companies in pursuance to find out which are most important for SMEs and define future scenarios of one selected process via story telling. Twelve internal current processes of construction SMEs identified and out of those four most important ones selected are: e-Tendering, e-Site, e-Procurement and e-Quality, where “e” stands both for electronic and envisioning. e‐Procurement process perspectives are defined and functionalities required for this scenario listed. Santrauka Elektroninis verslas statybų sektoriuje yra labai ribotas. Nepanaudojamos jo galimybės statybos verslo procesų produktyvumui ir efektyvumui didinti. Straipsnyje siekiama išskirti svarbiausius vidinius smulkių ir vidutinių statybos įmonių (SVĮ) procesus bei įvertinti informacinių ryšio technologijų taikymo galimybes šiems procesams optimizuoti. Naudojami metodai – tai esamų statybos procesų analizė siekiant nustatyti, kurie iš jų įmonėms yra svarbiausi, ir apibūdinti vieno pasirinkto proceso ateities perspektyvas. Išskirta dvylika statybos smulkių ir vidutinių įmonių vidinių procesų, iš kurių, remiantis tam tikrais kriterijais, atrinkti keturi svarbiausi: e. konkursas, e. objektas (statybų aikštelė), e. pirkimas ir e. kokybė (čia „e.“ žymi elektroninį ir numatomą procesą (angl. envisioning)). Straipsnyje išsamiai aprašytas numatomas e. pirkimų procesas, įvardyti jam keliami funkciniai reikalavimai.

scholarly journals THE EFFECT OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) AND BUSINESS STRATEGY ON BUSINESS PERFORMANCE IN SMALL AND MEDIUM BUSINESSES

2019 ◽  
Vol 17 (1) ◽  
pp. 53
Author(s):  
Siti Maemunah
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Small Businesses ◽  
Business Strategy ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Rapid Development ◽  
Business Strategies ◽  
Information And Communication ◽  
Medium Enterprises

This study aims to analyze the influence of information and communication technology (ICT) and business strategies on business performance in small and medium enterprises. This research is quantitative, descriptive survey that uses SEM methodology. Data collection is carried out in small and medium enterprises that have a workforce of 5-19 people for small businesses and 20-99 people for medium-sized businesses. Second, small and medium enterprises have assets of 50 million-500 million rupiah for small businesses and more than 500 million to 5 billion rupiah for medium-sized businesses. The number of samples is 250. The results of the study were processed using LISREL 8.80, in the model and hypothesis testing. The results of this study prove that small and medium enterprises are more open in responding to the rapid development in the field of information and communication technology to build competitive advantages against competitors.

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