ICT ADOPTION IN SMALL AND MEDIUM ENTERPRISES IN NIGERIA: A REVIEW
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Keywords

Information and Communication Technology (ICT)
Adoption
Small and Medium Enterprise (SMEs)
Competitiveness
Efficiency

How to Cite

UGBE, JOHN FIDELIS. (2023). ICT ADOPTION IN SMALL AND MEDIUM ENTERPRISES IN NIGERIA: A REVIEW. International Journal of Business Economics and Management Science, 2(2). https://harvardpublications.com/hijbems/article/view/95

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Abstract

The paper work is a literature base work that focuses on the use of secondary sources. The research reviewed related work of other scientific and literature base authors and came up with opinions in ICT adoption in SMEs. The paper work focused on the needs of ICT adoption in SMEs in Nigeria highlighted the impact of ICT adoption in SMEs and the challenges SMEs confronted in the adoption and usage of ICT. Such impact as mentioned in this paper work were increased in business performance, business growth, business expansion, efficiency, effectiveness, competitiveness and amongst other. The paper also pointed out the challenges confronted by SMEs in the usage of ICT as cost implication, lack of adequate infrastructure, government unsupportive attitude, unavailability of skilled personnel, lack of adequate capital etc.  Also highlighted is the bridging of the gap between SMEs in urban and rural areas in Nigeria through ICT adoption and its social implication in Nigeria. The paper made suggestions on the ways forward to curb the challenges such as: Government and stakeholders should make available ICT infrastructure in urban and rural areas to give room to SMEs to adopt the use of ICT. Network and internet service providers should reduce their charges and bills, and boost their bandwidth to enhance better internet services to encourage ICT adoption in SMEs in Nigeria etc.

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