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Impact of information and communication technology in Nigerian small-to medium-sized enterprises

Author

Listed:
  • Kessington Okundaye
  • Susan K. Fan
  • Rocky J. Dwyer

Abstract

Purpose - The purpose of this (qualitative, multiple-case) study is to determine how small-to medium-sized enterprise (SME) leaders in Nigeria use information and communication technology (ICT) adoption as a business strategy to increase profitability and compete globally. Design/methodology/approach - The participants for this study consisted of executive-level SME leaders who had the authority to approve ICT implementation within their respective organizations. Individual interviews were undertaken with participants to gain an understanding of their experience of determining the merits of and implementing ICT. The technology acceptance model, which specifies the relationship between perceived usefulness, perceived ease of use, attitude toward computer use and intention to use technology, was applied as a framework to explain the Nigerian SME’s ICT adoption strategies. Findings - Four major themes emerged from the data analysis: ICT adoption factors, ICT roles and benefits, role of government and SME success factors. The findings of this study may help SME leaders and government leaders address many of the factors inhibiting the adoption of ICT in SMEs in Nigeria. Practical implications - This study may ensure that SMEs are successful and able to create jobs, which in turn may help to promote socioeconomic development through adoption of ICT. Originality/value - The findings from this study contribute to the knowledge base regarding factors that affect ICT adoption by SME leaders as a business strategy to increase profitability and compete globally, particularly within SMEs in Lagos, Nigeria. It further addressed the gap in existing literature regarding other factors such as the influence of culture on ICT adoption, cost of ICT implementation, available ICT skills, infrastructure and ICT knowledge gap as the primary impeding factors of ICT adoption in Nigerian SMEs.

Suggested Citation

  • Kessington Okundaye & Susan K. Fan & Rocky J. Dwyer, 2019. "Impact of information and communication technology in Nigerian small-to medium-sized enterprises," Journal of Economics, Finance and Administrative Science, Emerald Group Publishing Limited, vol. 24(47), pages 29-46, January.
  • Handle: RePEc:eme:jefasp:jefas-08-2018-0086
    DOI: 10.1108/JEFAS-08-2018-0086
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    Citations

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    Cited by:

    1. Christian Hagin & Livingstone Divine Caesar, 2021. "The antecedents of success among small- and medium-sized enterprises: evidence from Ghana," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 279-297, December.
    2. Hrosul, Viktoriia & Kruhlova, Olena & Kolesnyk, Alina, 2023. "Digitalization of the agricultural sector: the impact of ICT on the development of enterprises in Ukraine," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(4), December.
    3. Norlaila Ibrahim & Rosman Mahmood & Ahmad Suffian Mohd Zahari & Mulyana Mulyana, 2024. "Entrepreneurial Specific Factors, Support Factors and Micro enterprises Performance: The Case of Malaysian Microcredit Program," Information Management and Business Review, AMH International, vol. 16(1), pages 51-63.
    4. Onyinye Ifeoma Ochuba & Sigah Donny Marclary Ayibazuomuno, 2023. "Demorgraphic Transition Variables and Economic Outcomes in Nigeria," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 10(2), pages 10-18, February.

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