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Conclusions

In: SMEs and New Technologies

Author

Listed:
  • Banji Oyelaran-Oyeyinka

    (Centre on Innovation and Technology (UNU-MERIT))

  • Kaushalesh Lal

    (Centre on Innovation and Technology (UNU-MERIT))

Abstract

SMEs make up close to 80 per cent of businesses in developing countries and therefore represent the best hope for generating strong local and regional economies. However, SMEs often tend to operate with obsolete technology and constrained by low skills, finance and poor access to information. The emergence of new technologies in the form of e-business tools carries with it the promise to revolutionize the ways in which SMEs carry out production, innovation and marketing. This book advances the argument that the adoption of ICTs is likely to promote greater productivity within the enterprises. However, the effective use of e-business tools at the enterprise level is strongly conditioned not by a single factor, but the availability and interaction of a host of external elements such as access (broadly defined), diverse range of skills, telecommunications network and good physical infrastructure. In what follows, we provide an overview of the main findings of the book.

Suggested Citation

  • Banji Oyelaran-Oyeyinka & Kaushalesh Lal, 2006. "Conclusions," Palgrave Macmillan Books, in: SMEs and New Technologies, chapter 10, pages 190-199, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62545-7_10
    DOI: 10.1057/9780230625457_10
    as

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