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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Information and Communication Technology for SMEs' Competitiveness

Information and Communication Technology for SMEs' Competitiveness
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Author(s): Neeta Baporikar (HP-GSB, Namibia University of Science and Technology, Namibia)
Copyright: 2020
Pages: 17
Source title: Start-Ups and SMEs: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-1760-4.ch052

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Abstract

Competitiveness of a firm is its capacity to achieve its targets. These targets are likely to be expressed in a variety of terms depending on the context (Barney 2002). Within a macroeconomic perspective, a competitive firm develops and sustains a level of performance that contributes to the Gross Domestic Product (GDP), employment opportunities, and the wealth of the people. From an entrepreneurial perspective, a competitive firm needs to survive in the market and to achieve market share and profitability. This paper deliberates regarding the theory of competitive advantage and discusses the role of Information and Communications Technology (ICT) for augmenting SMEs' competitiveness.

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