Information and communication technologies as drivers of growth: experience from selected small-scale businesses in rural southwest Nigeria

Oluwatayo, Isaac B.

doi:10.5261/2014.gen2.06

Cited by 16 publications

(19 citation statements)

References 10 publications

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“…Contribution to the Literature This research contributes to a small (i.e Adewoye et al 2012;Oluwatayo, 2012) but growing body of empirical investigations that examine the roles of ICT in the performance of small and medium businesses in Nigeria. Its general findings that ICT usage by SMEs positively impacts business performance in terms of cost reduction, enhanced productivity as well as improved revenue and profitability are also corroborated by evidences from Adewoye et al (2012) and Oluwatayo (2012).…”

Section: 1mentioning

confidence: 99%

“…The study (Akomea-Bonsu, 2012), a mixed-method investigation of 40 SMEs specifically reported a significant increase in sales volume as a result of using the internet/website; cost reduction and improvement in business operations and increase in firms' output/productivity. A related study (Oluwatayo, 2012) on a random sample of 350 small scale business owners in Southwest Nigeria concerning Information and Communication Technologies as Drivers of Growth: Experience from Selected Small Scale Businesses in Rural Southwest Nigeria, reported cost reduction, ease of marketing and enhanced incomes by small scale entrepreneurs as consequences of ICT adoption and usage. Adewoye et al (2012) also reported a significant and positive effect of ICT's investment on the profitability of SMEs in Nigeria.…”

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confidence: 99%

“…Many of the earliest investigations (i.e Barrantes. et al, 2012;Adewoye et al, 2012;Oluwatayo, 2012;Rim, 2009;Hazbo et al, 2008) tended to privilege technological determinism -technology viewed as an autonomous, separate entity that is independent of society and exacting effects on society. This thinking has been widely criticised as having potential to stifle creative engagement with technology, leading to uncritical embracing of technological change and defensive adaptation to it (Mackenzie and Wajcman, 1999).…”

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confidence: 99%

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The Impact of Communication Technologies on the Performance of SMEs in a Developing Economy: Nigeria as a Case Study

Rufai

2014

E J Info Sys Dev Countries

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Informed by Social Shaping Theory (modified), this paper presents a research that examines the impact of communication technologies (mobile telephony, personal computer and internet facilities) on the performance of small and medium businesses in Lagos state, Nigeria. Results indicate that SMEs operating in different socio‐economic settings present varying performance results from the use of communication technology tools. The study was undertaken through a firm survey and also a number of semi‐structured interviews with purposively selected 100 SMEs operating in both the affluent and disadvantaged districts of the city. Using basic descriptive statistics and thematic analytical techniques for the survey and interview data respectively, major findings suggest that: 1) as communication technologies positively impact the performance of SMEs, existing socio‐economic factors within the districts where the firms operate also influence the choice of communications technology and significantly shape its impact on business performance; 2) class differences with respect to income and education disparity, as well as communication habits in the affluent and disadvantaged communities account for different outcomes in the business performance of firms; 3) the Impact of communication technologies on the local economy seems to be more prominent and significant in regard to the performance of firms operating in the affluent districts compared to the performance of firms operating in disadvantaged districts

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Section: 1mentioning

confidence: 99%

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confidence: 99%

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confidence: 99%

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The Impact of Communication Technologies on the Performance of SMEs in a Developing Economy: Nigeria as a Case Study

Rufai

2014

E J Info Sys Dev Countries

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“…Technology is an important factor for SMEs' product mobility within and across national boundaries. Studies such as Oluwatayo (2014) and Rufai (2014) have found that use of technology by SMEs positively impacts business performance in terms of cost reduction, enhanced productivity as well as improved revenue and profitability.…”

Section: Introductionmentioning

confidence: 99%

Influence of entrepreneurship education, technology and globalisation on performance of SMEs in Nigeria

Emmanuel¹

2017

Afr. J. Bus. Manage.

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Dwindling oil revenue, high youth unemployment, very high foreign exchange rates and recession are the challenges that Nigeria is currently faced with. There is therefore the urgent need for diversification and resuscitation of the economy. Small and medium enterprises (SMEs) are thus an important tool to achieve this. How therefore can acquisition of entrepreneurship education skills; adoption and use of technology; and globalisation through improved cross-border transactions enhance performance of SMEs, bring about economic recovery, and thus help to ameliorate the economic challenges. Crosssectional survey research design was adopted for the study. The instrument consisted of forty items on a five-point Likert rating scale, which was administered on four hundred owners/managers of manufacturing SMEs sampled using cluster, proportionate and random sampling procedures from six selected states across all the geo-political zones of Nigeria. Mean and standard deviation were used to answer three research questions. Linear regression was used to test the three null hypotheses at 0.05 level of significance. The results indicated that acquisition of entrepreneurship education skills; adoption and use of technology devices and platforms, as well as, globalisation enhance productivity and profitability of SMEs in Nigeria. It is concluded that for manufacturing SMEs to operate competitively, profitably and significantly contribute to the economic recovery and growth of Nigeria, they need to continuously acquire newer entrepreneurial skills; adopt and use innovative modern technologies; and have an internationalized profile.

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“…The benefits of EcT adoption in SMEs can vary from cost reduction, easy and cheap ways of advertising and marketing, simplified communication with trading partners, to quick response to customers' needs, and the reduction of inefficiencies (Oluwatayo 2010;Singh 2011). The transfer of information electronically through networked computers and shared files can increase and improve the efficiency of an organisation (Ongori and Migiro 2010).…”

Section: Benefits Of Ect Adoptionmentioning

confidence: 99%

E-commerce Platform Acceptance

Lacka¹,

Chan²,

Yip³

2014

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Information and communication technologies as drivers of growth: experience from selected small-scale businesses in rural southwest Nigeria

Cited by 16 publications

References 10 publications

The Impact of Communication Technologies on the Performance of SMEs in a Developing Economy: Nigeria as a Case Study

The Impact of Communication Technologies on the Performance of SMEs in a Developing Economy: Nigeria as a Case Study

Influence of entrepreneurship education, technology and globalisation on performance of SMEs in Nigeria

E-commerce Platform Acceptance

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