slugAn Appraisal of the Impact of Information Technology (IT) on Nigeria Small and Medium Enterprises (SMEs) Performance
Journal Title: International Journal of Academic Research in Management - Year 2013, Vol 2, Issue 4
Abstract
The purpose of this paper is to investigate a deep understanding of influence of Information Technology (IT) on the performance of Small and Medium Enterprises (SMEs) operation in Nigeria. This paper attempts to explore the extent to which the improvement in SMEs operation performance can be certified to the implementation of Information technology (IT). The study was carried out in Lagos State, using multi-stage sampling technique, a sample of 200 out of 250 respondent SMEs were selected from a list of 4,535 registered small and medium Enterprises as provided by NASSMEs obtained from www.businessdayonline.com as at November 2013. Data collected were coded and analyzed using frequency table and percentage while non-parametric statistical test, chi-square was used to test the formulated hypothesis using STATA 10 data analysis package. The result of hypothesis tested showed that information technology has a significant impact on the performance of SMEs operation in Nigeria. It was concluded that involvement by SMEs in IT will significantly improve their performance in term of productivity, time saving, business turnover, operation expenses reduction and also increase level of country economy as whole. To this end, it is recommended that there in need for more training facilities in IT for SMEs, and ease of use to free professional advice and consulting on IT at reasonable cost to SMEs.
Authors and Affiliations
Akande Olusola and Yinus Oluwaseun
Keywords
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