Download or read book Harnessing Digital Technologies to Promote SMEs in the MENAP Region written by Inutu Lukonga and published by . This book was released on 2020-07-24 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the programs have helped increase the number of enterprises, growth of SMEs continues to face barriers to growth. As a result, microenterprises predominate and SMEs contribution to employment remains below potential. Partial implementation of reforms explain some of the underperformance, but frictions in strategy design also played an important role. Sustaining current reforms is, therefore, not sufficient to achieve inclusive growth. Digital technologies have potential to boost SMEs productivity and growth and economies are rapidly digitalizing, thus SMEs need to embrace digital solutions to compete and survive. Therefore, for SMEs to be effective engines of inclusive growth, a rethinking of the SME development strategy is needed that makes SMEs' digital transformation a priority.
Download or read book The Palgrave Handbook of FinTech and Blockchain written by Maurizio Pompella and published by Springer Nature. This book was released on 2021-06-01 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial services technology and its effect on the field of finance and banking has been of major importance within the last few years. The spread of these so-called disruptive technologies, including Blockchain, has radically changed financial markets and transformed the operation of the industry as a whole. This is the first multidisciplinary handbook of FinTech and Blockchain covering finance, economics, and legal aspects globally. With comprehensive coverage of the current landscape of financial technology alongside a forward-looking approach, the chapters are devoted to the spread of structured finance, ICT, distributed ledger technology (DLT), cybersecurity, data protection, artificial intelligence, and cryptocurrencies. Given an unprecedented 2020, the contributions also address the consequences of the current emergency, and the pandemic stroke, which is revolutionizing social and economic paradigms and heavily affecting Fintech, Blockchain, and the banking sector as well, and would be of particular interest to finance academics and researchers alongside banking and financial services professionals.
Download or read book Sustainable Digital Transformation written by Stefano Za and published by Springer Nature. This book was released on 2022-11-23 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital transformation is one of the most discussed topics today because of its impact on society and the economy. This book explores how digital transformation can be made sustainable and how sustainability strategies can be integrated into the different phases of digital transformation development. It shows how ICT experts, managers, and policy makers can contribute to a sustainable digital transformation by examining the technological, organizational, and societal implications. The book is based on a selection of best papers on this topic presented at the annual conference of the Italian Chapter of AIS in Trento, Italy, in October 2021. The plurality of views offered makes the book particularly relevant for scholars, companies, and organizations in the public sector.
Download or read book Digital Business in Africa written by Ogechi Adeola and published by Springer Nature. This book was released on 2022-06-29 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume seeks to examine how enterprises in Africa can utilize digital technologies and innovations in creating value for their customers and clients in order to increase effectiveness and efficiency. Through social media, businesses are increasingly reaching and engaging their customers in several ways and so enterprises in Africa must harness the opportunities in the digital space if they want to remain competitive, earn profit, and meet their customers’ needs. Accordingly, this book looks at how digital technologies are helping shape the financial, educational, and advertising sectors in Africa. As digital technologies raise challenges, the chapters that follow will discuss ethical and social practical frameworks to effective digital business in Africa. This volume promises to fore both theoretical underpinnings, and practical implementations of digital technologies in the African business context.
Download or read book Digital Economies SMEs and E Readiness written by Mutula, Stephen M. and published by IGI Global. This book was released on 2009-07-31 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides valuable insights into the current state of the digital economy and the ability of SMEs to leverage Information and Communication Technologies (ICTs) so that they may overcome their traditional laggard position in the global business market"--Provided by publisher.
Download or read book Digital Technologies for Smart Business Economics and Education written by Amina Omrane and published by Springer Nature. This book was released on 2023-06-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the application, challenges and opportunities related to the use of digital technologies in business, economics and education. In this context, the enclosed contributions identify the impact of artificial intelligence, machine learning, internet of things (IOT), computer vision, big data analytics and other advance technology in the area of business, economics and education. The book examines such themes as digital technology for smart business, the progress of the circular economy, the application of IOT in education, the use of drones in agri-business, business forecasting using smart technology, artificial intelligence in healthcare, among others.
Download or read book Successful Digital Transformation Initiatives in SMEs written by Anna Marrucci and published by Springer Nature. This book was released on 2023-08-23 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: While it is clear that workforce involvement is fundamental for the success of digital transformation, it is also evident that insufficient attention has been paid to emerging strategies to convince employees to become involved. To do so, this book considers Relational Goods, the intersubjective and reflexive relationships existing between employees, within the DOI framework to evaluate how they influence digital transformation success alongside innovation traits, time and communication channels. The focus for this book is SMEs, as these businesses experience greater difficulties than their larger counterparts in keeping up with the digital revolution. The authors develop the Relational Goods model to a refined DOI framework including the role of relationship and managerial support in the adoption of technologies that may transform the business. It will be of great interest to scholars and students of management, digital transformation and SMEs, as well as HRM professionals.
Download or read book The Digital Transformation of SMEs written by Organisation for Economic Co-operation and Development and published by . This book was released on 2021 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book APEC Workshop on Harnessing Digital Trade for SMEs written by and published by . This book was released on 2019 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This summary report presents the outcomes of the APEC Workshop on Harnessing Digital Trade for SMEs, held in Ha Noi, Viet Nam in January 2019. The workshop was conducted with the following objectives: (i) to identify and share global trends in digital trade; data sources and methods as well as opportunities and challenges to enable SMEs to harness and benefit from digital trade; (ii) to identify policy issues that affect the expansion of digital trade as well as sharing experiences in enable favorable regulatory environment for SMEs to harness digital trade; (iii) to share experiences, practices in using digital technologies; and (iv) to make recommendations to APEC economies on how to facilitate SMEs to take advantages of opportunities brought about by digital trade.
Download or read book Regional Economic Outlook October 2017 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2017-10-27 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil exporters in the Middle East and North Africa, Afghanistan, and Pakistan region (MENAP) are continuing to adjust to lower oil prices, which have dampened growth and contributed to large fiscal and external deficits.
Download or read book SMEs in the Digital Economy written by Bernice Kotey and published by Seaanz Research Book. This book was released on 2016-03-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our small to medium enterprises (SMEs) will face the challenges and opportunities of the global trend towards digital, online and mobile technologies. However, many SMEs are not prepared to engage with these digital technologies, while others seem unwilling to embrace them. SMEs in the Digital Economy explores the many benefits, but also some of the risks, for SMEs in the digital economy. The overall message is that it is crucial to engage with the digital economy. Ignoring it is not an option. Owner-managers need to improve their knowledge and acquire the skills to effectively participate in the emerging digital market. This book contains ten chapters from a range of specialist authors. Each chapter has a unique but important message on the impact of the digital economy on SMEs in Australia and New Zealand, and the various ways in which SMEs are engaging in this economy. It reflects the diversity of issues and complexity of small business as an area for government, industry and academics seeking to shape effective policies to support this important sector.
Download or read book Determinants of Adoption and Impact of Digital Technologies by SMEs in Jordan written by Almashawreh Ra'ed and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's digital technologies, including artificial intelligence, social media networks, big data, sophisticated manufacturing, cloud computing, cyber solutions, and 3D printing, are utilized in many businesses worldwide. While prior studies have examined the acceptance of digital technologies in Western and other advanced nations, few have focused on the Middle East, especially Jordan. Developing countries like Jordan require assistance with numerous challenges, including poor information systems, limited usage, and low usability. Governments and various business sectors must embrace these rapidly advancing digital technologies to remain competitive in today's business world. While many studies have explored the adoption and impact of digital technologies on small and medium-sized enterprises (SMEs), SMEs in developing countries need to be more aware of the benefits of digital technologies. This research investigates the acceptance and impact of digital technologies on SMEs in Jordan. The study addresses a significant knowledge gap by examining the organizational, technological, socio-cultural, political-environmental, and demographic determinants of digital technology adoption that influence Jordanian SMEs' decision-making process. Specifically, the study focuses on Artificial Intelligence (AI) as a critical digital technology. A comprehensive theoretical framework based on several theories and models, including the theory of reasoned action (TRA), technology acceptance model (TAM), diffusion of innovations (DOI) theory, unified theory of acceptance and use of technology (UTAUT), and Technology Organization Environment (TOE) framework, is proposed to provide a comprehensive understanding of digital technology adoption determinants by SMEs in developing countries such as Jordan. The study collects and analyzes data using quantitative methods. Online questionnaires were distributed to all 1600 registered SMEs in Jordan and Amman. Data was collected from owners/managers of Jordanian SMEs in Amman about their attitudes towards accepting and using one type of digital technology, such as AI systems. The data were analyzed using the Statistical Package for Social Sciences 27 (SPSS) and included summary statistics, frequency distribution analysis, reliability tests, correlation analysis, factor analysis, and multiple regression analyses. Of the 401 who responded, 364 were deemed usable, resulting in a response rate of 25%. The study's findings provide valuable insights for SME owners, managers, and policymakers in developing countries to adopt digital technologies and achieve economic growth. The key finding is that embracing digital technologies positively impacts SME performance, with significant positive correlations between digital technology usage and productivity and customer satisfaction. The study also identifies several determinants that influence the adoption of digital technologies, including employees' IT knowledge, technology infrastructure, managerial support, training, reward system, government support, social networks, and religious beliefs. This study's significant contribution provides a solid foundation for developing policies and procedures for implementing digital technologies in SMEs in developing countries and improving their market competitiveness. The study recommends that SME owners and managers be educated on the benefits of digital technologies and that government policies focus on providing access to training and financing, increasing awareness of the benefits of digital technologies, and creating an enabling environment for SMEs to adopt digital technologies. These recommendations can help promote the adoption of digital technologies among SMEs in Jordan and enhance their competitiveness in the global market.
Download or read book PLATFORMS FOR GROWTH written by EAMONN. IVES and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book SMEs Going Digital written by Sandrine Kergroach and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite potential benefits, small and medium-sized enterprises (SMEs) lag behind larger firms in their adoption of digital technologies. Moreover, digital adoption by SMEs is to a large extent still confined to basic services, and adoption gaps increase as technologies become more sophisticated. The COVID-19 crisis has accelerated SME digitalisation, but barriers to adoption persist. The stakes are high, not only because SMEs make up most of the business and industrial fabric in most countries and regions, but also because they are strategic actors in large firms' supply chains and play a key role in building inclusive and resilient societies. This Going Digital Toolkit note identifies the challenges that governments face in enabling SMEs to benefit from digital transformation and outlines key policy recommendations, including: 1) encouraging digital uptake by SMEs, 2) supporting SME training and upskilling, 3) strengthening management skills in SMEs, and 4) leveraging financial technology (Fintech) and alternative sources of finance for SMEs.
Download or read book China s Digital Economy Opportunities and Risks written by Ms.Longmei Zhang and published by International Monetary Fund. This book was released on 2019-01-17 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
Download or read book Digital Innovation Hubs as Policy Instruments to Boost Digitalisation of SMEs written by Kalpaka A and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Building upon the knowledge gained during the last two years on how Digital Innovation Hubs (DIHs) operate in different regional socioeconomic contexts this practical handbook aims to provide national/regional policy makers and/or existing DIH managers useful and structured information on how to setup a new DIH or reinforce existing ones while benefiting from available funds with a special focus to the European Regional Development Fund (ERDF) 2021-2027. Given the urgent need of SMEs to rapidly deploy advanced digital technologies to mitigate the negative consequences of the recent COVID19 crisis to their businesses the role of DIHs is more important than ever. The Handbook introduces a step-by-step approach to provide support to policy makers that envisage strengthening DIHs in their regions/countries with a view to accelerate digital transformation of the economy and society. This approach allows to use the Handbook as a reference tool depending on the specific needs and level of implementation of DIHs. The practical character of the Handbook is enhanced with the inclusion of many examples that highlight good practices in the different steps of the proposed methodology.
Download or read book Fintech Inclusive Growth and Cyber Risks Focus on the MENAP and CCA Regions written by Ms.Inutu Lukonga and published by International Monetary Fund. This book was released on 2018-09-11 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of fintech and its contribution to inclusive growth and considers policy options to unlock the potential.
