ICT and accounting system of SMEs in Nigeria

Ogundana, Oyebisi Mary; Okere, Wisdom; Ayomoto, Ochuwa; Adesanmi, David; Ibidunni, Ayodotun Stephen; Ogunleye, Olusogo

doi:10.5267/j.msl.2016.11.007

Cited by 21 publications

(21 citation statements)

References 1 publication

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“…Nigeria, as a world's fast-emerging economy and the largest economy in Africa ( Giles, 2018 ; PwC, 2019 ). Nigeria is a choice location for many Asian and European businesses and a fast-growing country for technology utilisation ( Adi, 2015 ; PwC, 2016 ; Ogundana et al., 2016 ; Nigerian Communications Commission, 2018 ). Therefore, this study focused on investigating the link between knowledge transfer and innovation performance of Small and Medium Enterprises in an Informal Economy, such as Nigeria.…”

Section: Introductionmentioning

confidence: 99%

Knowledge transfer and innovation performance of small and medium enterprises (SMEs): An informal economy analysis

Ibidunni

Kolawole

Olokundun

et al. 2020

Heliyon

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SME operators in the informal sector of developing economies have a significant influence on their nation's economies through their involvement in international business relationships. However, the existing deficiency in the literature to show empirical relationships between knowledge transfer, from these SMEs and their international business partners, and innovation performance is a significant gap in the strategic management and international business literature. Therefore, this paper explores the link between knowledge transfer and innovation performance of informal economy SMEs that are involved in international business relationships. The study included a survey of 370 owners-managers and managers of small and medium enterprises in Nigeria's informal electronic market. Using Structural Equation Model (AMOS 22) this study shows that knowledge transfer dimensions, such as R&D and social networking, have varying levels of impact on innovation performance of informal sector SMEs. Knowledge transfer from training showed an inverse and insignificant relationship with innovation performance. The study established implications and recommendations that will be useful for theory and practice.

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Section: Introductionmentioning

confidence: 99%

Knowledge transfer and innovation performance of small and medium enterprises (SMEs): An informal economy analysis

Ibidunni

Kolawole

Olokundun

et al. 2020

Heliyon

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“…Technology-based SMEs are globally recognized to be significant to enhancing global economies, especially through their contribution to GDP, advancement of economic competitiveness and tax revenue generation [1] , [2] , [4] , [3] , [9] . However, in Nigeria, there is still dearth in literature, especially with data evidence about the financing strategies that are most significant to facilitating the activities of technology-based SMEs and the role of entrepreneurial competencies on their business growth [8] , [10] . This research benefitted from the ideas of existing research studies.…”

Section: Experimental Design Materials and Methodsmentioning

confidence: 99%

Data on the relationships between financing strategies, entrepreneurial competencies and business growth of technology-based SMEs in Nigeria

et al. 2018

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The article presents data on the relationship between financing strategies, entrepreneurial competencies and business growth of technology-based SMEs in Nigeria. Copies of structured questionnaire were administered to 233 SME owners and financial managers. Using descriptive and standard multiple regression statistical analysis, the data revealed that venture capital and business donations significantly influences profit growth of technology-based SMEs. Moreover, the data revealed that technology-`based firms can enhance their access to financing through capacity building in entrepreneurial competencies, such as acquiring the right skills and attitude.

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“…Several previous studies in this topic were done by Sam et al (2012), Relhan (2013), Tijani and Mohammed (2013), Suyono et al (2016b), Ogundana et al (2017), Ezeagba (2017), Uddin et al (2017), etc. Suyono et al (2016b implemented a computer-based accounting information system for managing the microfinance institutions such as Baitul Maal wa Tamwil (BMT) in Banyumas Region, Indonesia.…”

Section: Literature Reviewmentioning

confidence: 99%

“…(2011) conducted a study in Spain regarding the effect of AIS application on performance and the results found that there was no significant relationship between the productivity of SMEs and CBAS use. Ogundana et al (2017) examined the relationship between information and communication technology (ICT) and accounting systems in SMEs in Nigeria and the results found a significant relationship between ICT knowledge and the accounting system. Moreover, there is also a significant relationship between ICT adoption through various accounting software packages and the accounting system.…”

Section: Literature Reviewmentioning

confidence: 99%

The Revitalization Model Through the Implementation of Accounting Information System for Village Unit Cooperative in Banyumas Region, Indonesia

Suyono¹,

Rusmana²,

Riswan

2019

mem

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<p><em>One of the obstacles faced by the Village Unit Cooperative (VUC) in dealing with the current competitive business environment is the limited resources both in term of funds and infrastructure. Meanwhile, modern business is supported by the large scale of resources such as modern infrastructure, professional human resources, and extensive networks both at national and international levels. This study tries to evaluate the information system needs by VUC in order to sustain their business both manual and computer-based accounting system. The data was collected through in-depth interview, observation, and focus group discussion during community engagement activity conducted from July to October 2018. By using 6 VUCs in Banyumas as a sample, this study documents the steps in system development by using system development life cycle such as provide general information of the business, a summary of accounting policies, account guidelines and financial statements format, description of account codes, and the forms or the standards of journal entries. Moreover, this study designs a computer-based accounting system by using the Pivot Table on Microsoft Excel. With the good supervision in implementing all steps in system development, it is expected that the VUCs in Banyumas will be more sustainable and professional in managing their business in a very competitive business environment. </em></p>

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ICT and accounting system of SMEs in Nigeria

Cited by 21 publications

References 1 publication

Knowledge transfer and innovation performance of small and medium enterprises (SMEs): An informal economy analysis

Knowledge transfer and innovation performance of small and medium enterprises (SMEs): An informal economy analysis

Data on the relationships between financing strategies, entrepreneurial competencies and business growth of technology-based SMEs in Nigeria

The Revitalization Model Through the Implementation of Accounting Information System for Village Unit Cooperative in Banyumas Region, Indonesia

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