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LEVERAGING ON INFORMATION COMMUNICATIONS TECHNOLOGY FOR ENHANCED ENTREPRENEURIAL PERFORMANCE

Ajagbe, Akintunde M. and Olujobi, Joshua Olusola and Udo , EKANEM EDEM UDO and UDUIMOH, ANTHONY AKWAWA (2016) LEVERAGING ON INFORMATION COMMUNICATIONS TECHNOLOGY FOR ENHANCED ENTREPRENEURIAL PERFORMANCE. International Journal of Advanced Academic Research | Management Science, 2 (3). ISSN 2488-9849

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Abstract

Empirical literatures have shown that Information Communications Technology (ICT) is quickly growing universally in recent times. Also, the concept has spread like wild-fire as it is evidenced in our community in almost all areas of endeavour such as business operations, job performance, cultural and personal relationships. However, our social requirements have also been altered as a result of the influence of information communications technology. In view of these, ICT has ample influence on performance of entrepreneurial firms and have created an entirely new encounter for entrepreneurs of our time. The implementation of ICT to promote business productivity is among the challenges faced by entrepreneurs of our generation. This has posed a challenge to some entrepreneurs due to non-awareness of the benefits of implementing ICT in running day to day activities of their firms. As a result of the perspectives that some entrepreneurs view the benefits of adopting ICT in conducting their business operations, a vast majority of them have continued adopting conventional mechanism to remain competitive. Considering the earlier stated facts, entrepreneurial managers could have been able to identify on going commercial viability of harnessing ICT as an important instrument for enhanced business performance. Hence, this research emphasized on how to leverage on the adoption of ICT for enhanced performance of entrepreneurial firms. The researchers used secondary approach to gather information from existing literatures such as from journals, conference articles, newspapers and magazines and the internet. The researchers found that Information Communications Technology adoption in business operations serves three visibly important roles as follows: helps in massive generation of jobs, aids in boosting information distribution in the work environment, and substantially promotes competitiveness of entrepreneurial firms. The researchers suggest that entrepreneurial managers could harness ICT as a mechanism for business success.

Item Type: Article
Uncontrolled Keywords: Information Communications Technology, Entrepreneurship, Performance, Ecommerce, Entrepreneurial Firms, Knowledge Econom
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HG Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 18 Jan 2017 12:47
Last Modified: 18 Jan 2017 12:47
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/7567

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