A CONTEXTUAL STUDY TO EXAMINE THE CHALLENGES FACED IN IT ADOPTION BY SMALL FIRMS IN HARYANA
Keywords:Economic Development, Small Firms, Developing Industry
Economic development of a nation is directly related with the amount of industrial development. The enlargement of industrial sector leads to a larger and proper utilization of natural resources, production of goods and services, creation of employment opportunities and improvement within the general standard of living. India has additionally making efforts to develop the country’s industrial base since independence. It has framed numerous policies geared toward development of industries within the public and private sectors. Special stress has been laid on SSI. SSI plays a key role in the planned development with its benefits of low investment, high potential for employment generation, diversification of the industrial base and dissemination of industries to rural and semi urban areas. P.N.Dhar and H.F.Lydall in introduction to their book, “The Role of Small Enterprise in Indian Economic Development” have ascertained that ‘The promotion of small scale industries has been widely recommended as one of the foremost acceptable means of developing industry in over populated backward countries’,(Ministry of Small Scale Industries , Government of India , 2006).
Adewoye, J.O; and Akanbi, T. A. (2012). “Role of information and communication technology investment on the profitability of small medium scale industries – a case of sachet water companies in oyo state, Nigeria”. Journal of Emerging Trends in Economics and Management Sciences, 14 (2): 64-71.
Atkinson, A. (1988). “Answering the eternal question: What does the Customer Want? The Cornell Hotel and Restaurant Administration Quarterly, 29(2):12-14. DOI: https://doi.org/10.1177/001088048802900209
Bhalla, V.K. (1995). “Investment management: security analysis and portfolio management, S.Chand and company ltd, New Delhi, 147-150.
Bosma, N; Van, P. M; Thurik, R. W;and Gerrit. (2002). “The Value of Human and Social Capital Investments for the Business Performance of Start-ups”. Tinbergen Institute Discussion, 10(4): 02- 27.
Beccalli, E. (2003). “Does IT investment improve bank performance? Evidence from Europe”. Journal of banking Finance, 3(1): 2205-2230.
Brush, C.G., Greene, P.G., Hart, M.M., (2001)”. From initial idea to unique advantage: the entrepreneurial challenge of constructing a resource base”. Academy of Management Executivev, 15 : 64–78. DOI: https://doi.org/10.5465/ame.2001.4251394
Carson, D; and Gilmore, A. (2000). “SME marketing management competencies”, International Business Review, 9: 363-382. DOI: https://doi.org/10.1016/S0969-5931(00)00006-8
Ciliberto, F. (2006). “Does organizational form affect investment decisions?”. Journal of Industrial Economics, 5 (1): 63-93. DOI: https://doi.org/10.1111/j.1467-6427.2006.00276.x
Coleman, S. (2007). “The role of human and financial capital in the profitability and growth of women-owned small firms”. Journal of Small Business Management, vol.45(3), pp.303–319. DOI: https://doi.org/10.1111/j.1540-627X.2007.00214.x
Cheng, H.J; and Lee, Y.C. (2008). “The Effect of Information Technology Investments on the Market Value of Supply Chain Firms: An Improved Event Study Approach “. Asia Pacific Management Review, 13 (1): 435-444.
Doms, M.M; Jarmin, R. S; Klimek, D.S. (2004). “Information technology investment and firm performance in U.S. retail trade”. Economics of Innovation and New Technology, 13(7): 595–613. DOI: https://doi.org/10.1080/1043859042000201911
Donald, E.F; and Jordon, J.R. (1983). “Security Analysis and Portfolio Management” Fischer Donald. E and Jordan. J.R, Publisher: Prentice hall of India, 13-27.
Dholakia, R.R; and Kshetri, N. (2002). “Factors Impacting the Adoption of the Internet among SMEs “. Small Business Economics, 23: 311–322.
Gallego, M.J; Gutierrez, H; and Lee, H.S (2011).” A firm-level analysis of ICT adoption in an emerging economy: evidence from the Colombian manufacturing industries”Industrial and corporation change, 24 (1): 191-121. DOI: https://doi.org/10.1093/icc/dtu009
Gill, Amarjit:mand, Harvinder: obradovich, john (2015).” Non- resident family members and financial performance of small businesses in India”.corporate ownership and control, 12(2): 542- 552. DOI: https://doi.org/10.22495/cocv12i2c5p2
Harrison, A.D; Peter P. M; and Cynthia K. R. (1997) .“Executive Decisions about Adoption of Information Technology in Small Business” .Information Systems Research, 8 (2): 171-195 DOI: https://doi.org/10.1287/isre.8.2.171
Hamelink, C.J. (1997).” New Information and Communication Technologies, Social Development and Cultural Change”. United Nations Research Institute for Social Development, Geneva, UNRISD Discussion.
Kambil, E; Brynjolfsson, E; Thomas, W.M; and Gurbaxani, V. (1994) “Does Information Technology Lead to Smaller Firms?” Management Science, 40 (12): 1628-1644. DOI: https://doi.org/10.1287/mnsc.40.12.1628
Kula, V; Tatoglu , E. (2003).” An exploratory study of Internet adoption by SMEs in an emerging market economy”. European Business Review, 15(5): 324-333. DOI: https://doi.org/10.1108/09555340310493045
Koellinge, P. (2008). “The relationship between technology, innovation, and firm performance— Empirical evidence from E-business in Europe”. Research Policy, 37: 1317–1328.
Li, M; and Gao. (2003).” Strategies for Developing China’s Software Industry” Information Technologies and International Development, 1(1): 61–73. DOI: https://doi.org/10.1162/itid.2003.1.1.61
Martin, B. C., McNally, J. J., and Kay, M. J. (2013). “Examining the formation of human capital in entrepreneurship: A meta-analysis of entrepreneurship education outcomes.” Journal of Business Venturing, 28(2): 211–224. DOI: https://doi.org/10.1016/j.jbusvent.2012.03.002
Morikawa, M. (2004) “Information Technology and the Performance of Japanese SMEs.” SmallBusiness Economics, 23(. 3): 171-177. DOI: https://doi.org/10.1023/B:SBEJ.0000032023.11566.4b
Moriones, B. A., Billon, M., and Lera, L. F. (2013). “Perceived performance effects of ICT in manufacturing SMEs”. Industrial Management and Data Systems, 113(1): 117-135. DOI: https://doi.org/10.1108/02635571311289700
Mahmood, M.A and Mann, J. (1993). “Measuring the Organizational Impact of Information Technology Investment: An Exploratory Study”. Journal of Management Information Systems, 10 (1): 97-122. DOI: https://doi.org/10.1080/07421222.1993.11517992
Nchimunya. m. (2012). “The adoption and use of ICT’ s by SMES in the road passenger transport sector in lusaka: a case of bus operators atintercity bus terminal.” UNIVERSITY OF ZAMBIA, pp.12-25.
Olise, C.M; Anigbogu, U.T; Edoko, D.T; and Okoli, I.M. (2014).“Determinants of ICT Adoption for Improved SME's Performance in Anambra State Nigeria”.American International Journal of Contemporary Research. , 4(7): 163-173.
Sabri, N. (1998). “Financial Analysis of Palestinian Industry including Small Scale Firms”. Small Business Economics, 11(3): 293-301. DOI: https://doi.org/10.1023/A:1007926728150
Shivani, N. (2013). “An Introduction of Small Scale Industries and its Impact in India”. Journal ofsocial sciences, 2(2):1-7.
Santhanam, R; and Hartono, E. (2003). “Issues in Linking Information Technology Capability to Firm Performance”. MIS Quarterly, 27(1): 125-153. DOI: https://doi.org/10.2307/30036521
Sang, M. L; Kim, J; Yeonog, C; and Sang, G. L. (2009). “Effects of IT Knowledge and Media Selection on Operational Performance of Small Firms”. Small Business Economics, 32, (3): 241- 257.
Tan, M; and Teo, S.H. (1998). “Factors Influencing the Adoption of the Internet”. International Journal of Electronic Commerce, 2(3): 5-18. DOI: https://doi.org/10.1080/10864415.1998.11518312
Tan, S. K., Chong, C. S., Lin, B., and Eze, C. U. (2009). “Internet based ICT adoption: evidence from Malaysian SMEs.” Industrial Management and Data Systems, 109(2): 22-30.
Thouin, M., Hoffman, J. J; Ford, E. W. (2008). “The Effect of Information Technology (IT) Investments on Firm-Level Performance in the Healthcare Industry”. Health Care Management Review, 33(1): 60-69. DOI: https://doi.org/10.1097/01.HMR.0000304491.03147.06
Tomasi, Elaine; Luiz Augusto, Facchini; Maria , Santos (2004) “Health information technology in primary health care in developing countries: a literature review”. Bull World Health Organ ,82(11) 11-20.
Unger, J; Rauch, A; Frese, M; and Rosenbusch, N. (2011). “Human capital and entrepreneurial success: A Meta-analytical review”. Journal of Business Venturing, 26 (3): 341-358. DOI: https://doi.org/10.1016/j.jbusvent.2009.09.004
Wolcott.P; Mehruz. K and Sajda. (2008) "Meeting the challenges of ICT adoption by micro‐ enterprises", Journal of Enterprise Information Management. 21(6):616-632 DOI: https://doi.org/10.1108/17410390810911212
West, J.P; and Berman, M.M. (2001). “The Impact of Revitalized Management Practices on the Adoption of Information Technology: A National Survey of Local Governments”. Public Performance & Management Review, 24(3): 233-253. DOI: https://doi.org/10.2307/3381087
Wu, F; Yeniyurt, S; Kim, S; Tamer, C. (2006). “The impact of information technology on supply chain capabilities and firm performance: A resource-based view” Industrial Marketing Management, 35: 493 – 504. DOI: https://doi.org/10.1016/j.indmarman.2005.05.003
Yirgalem, T. G; Viswanadham, P. (2016). “Performance measurement of small scale enterprises: Review of theoretical and empirical literature”. International Journal of Applied Research, 2(3): 531-535.
Zehir, C., Muceldili, B., Akyuz, B., and Celep, A. (2010). “The Impact of Information Technology Investments on Firm Performance in National and Multinational Companies.” Journal of Global Strategic Management, 4(1): 143-154. DOI: https://doi.org/10.20460/JGSM.2010415846
How to Cite
License and Copyright Agreement
In submitting the manuscript to the journal, the authors certify that:
- They are authorized by their co-authors to enter into these arrangements.
- The work described has not been formally published before, except in the form of an abstract or as part of a published lecture, review, thesis, or overlay journal.
- That it is not under consideration for publication elsewhere.
- That its release has been approved by all the author(s) and by the responsible authorities – tacitly or explicitly – of the institutes where the work has been carried out.
- They secure the right to reproduce any material that has already been published or copyrighted elsewhere.
- They agree to the following license and copyright agreement.
Authors who publish with International Journal of Engineering Technologies and Management Research agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or edit it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
For More info, please visit CopyRight Section