Impact of Technological Change On Small and Medium Enterprises Performance in Lagos State

Stella Toyosi Durowoju

doi:10.25167/ees.2017.44.7

Опубликовано: 2020-11-25

Том 17 № 4 (44) (2017)

Impact of Technological Change On Small and Medium Enterprises Performance in Lagos State

Stella Toyosi Durowoju

Economic and Environmental Studies

Раздел: Articles

https://doi.org/10.25167/ees.2017.44.7

Аннотация

Organizations are restructuring, re-engineering and rethinking how they do business in an effort to keep
pace with changes in technology and other economic conditions in the world. The goal of technological change
under study is the ability of SMEs to accept new innovative methods that will lead to higher performance of humans
and machines for increased productivity. Descriptive survey research with the sample population of 153
respondents made up of managers and owners of small and medium enterprises within the Lagos metropolis was
used for this study. The major statistical technique used was a linear regression technique. The hypothesis tested
found that technological change has effect on organizational performance of small and medium enterprise within
the Lagos metropolis. The coefficient of determination (R2 = 0.566) showed that 56.6% of the success recorded in
the SMEs performance is accounted for by technological change. This result is statistically significant because the
p-value of the result (0.000) is less than 0.05 level of significance used for the study. This indicates that technological
change has a positive and significant impact on SMEs performance in Lagos State. In order to achieve success in
change management through technology; human resources, culture and innovation must be recognized and
respected. This will enhance SMEs performance both in the short and long run. It will also prevent unnecessary
resistance of employees to change through deviant workplace behaviour.

Скачать файлы

pdf (English)

Правила цитирования

Durowoju, S. T. (2020). Impact of Technological Change On Small and Medium Enterprises Performance in Lagos State. Economic and Environmental Studies, 17(4 (44), 743–756. https://doi.org/10.25167/ees.2017.44.7

##plugins.themes.libcom.share##

Лицензия

Это произведение доступно по лицензии Creative Commons «Attribution-NonCommercial-ShareAlike» («Атрибуция — Некоммерческое использование — На тех же условиях») 4.0 Всемирная.

Библиографические ссылки

Alberto C. (2007). What is required for growth? Business Strategy Series 8(1): 51-57.
Google Scholar

Alberto, C. (2006). Adopting new technologies: Handbook of business strategy. USA: Emerald Group Publishing Limited. ISSN 0894-4318.
Google Scholar

Armstrong, M. (2006). A handbook of Human resource management Practice. 10th ed. USA: Kogan Page.
Google Scholar

Burnes, B (2009). Managing change: A strategic approach to organization dynamics.5th ed. Harlow: Pearson Education Limited.
Google Scholar

Eriksson, M.; Sundgren, M., (2005). Managing change: strategy or serendipity - reflections from the merger of Astra and Zeneca. Journal of Change Management 5(1):15
Google Scholar

Graetz, F.; Rimmer M. L.; Smith, A.C. (2012). Managing organizational change: A philosophies of change approach. Journal of change management 10(2): 135-154.
Google Scholar

Harper, P. (2001). The forward-focused organization. New York: American Management Association.
Google Scholar

http://www.manageris.com/article-10-principles-of-leading-change-management-23443.html. Accessed 27 September 2017.
Google Scholar

https://www.strategyand.pwc.com/reports/guiding-principles-change-management. Accessed 27 September 2017.
Google Scholar

https://www.strategy-business.com/article/00255?gko=9d35b. Accessed 27 September 2017.
Google Scholar

Kim, B.H.; Park, H.S.; Kim, H.J.; Kim, G.T.; Chang, I.S.; Lee, J.; Phung, N.T. (2004). Enrichment of microbial community generating electricity using a fuel-cell-type electrochemical cell. Applied Micro- Biotechnology 63: 672–681
Google Scholar

Kimaku, P.M. (2010). Change management practices adopted by Barclays Bank of Kenya limited (Unpublished MBA Project). Nairobi: University of Nairobi.
Google Scholar

Kotter, P. (2008). Power and influence. (2nd ed.). New York: Free Press.
Google Scholar

Laforet, S.; Tann, J. (2006). Innovative characteristics of small manufacturing firms. Journal of Small Business and Enterprise Development 13(3): 363-380
Google Scholar

Lewin, K. (1951). Field theory in social science. In: Robbins, S.P; Judge, T.A.; Millett, B.; Waters-Marsh, T. (eds.). Organizational Behaviour (2008). Australia: Pearson Education.
Google Scholar

Lewis, L.K.; Seibod, D.R. (2008). Re-conceptualizing organizational change implementation as a communication problem: A review of literature and research agenda. In: Roloff, M. E. (Ed.). Communication yearbook 21: 93–151. Thousand Oaks, CA: Sage.
Google Scholar

Moran, J.W.; Brightman, B.K. (2011). Leading organizational change. Career Development International 6(2): 111- 118.
Google Scholar

Olajide, O. T (2014). Change management and its effects on organizational performance of Nigerian telecoms industries: Empirical Insight from Airtel Nigeria. International Journal of Humanities Social Sciences and Education 1(11): 170-179
Google Scholar

Rees, J. (2008). Editorial: organizational change and development: perspectives on theory and practice. Journal of Business Economics and Management 9(2): 87-89.
Google Scholar

Senge, P.M. (1990). The fifth discipline: The art and practice of the learning organization. New York: Doubleday /Currency
Google Scholar

Sikasa, C. (2004). Customer perception of change management practices in the mortgage industry. The case of HFCK. (Unpublished MBA Project). Nairobi: University of Nairobi.
Google Scholar

Skinner, C.S.; Champion, V.L. (2008). The health belief model. In health behavior and health education. 4th ed. San Francisco, CA: Jossey-Bass.
Google Scholar

Smith, A. (2007). Translating sustainabilities between green niches and socio‐technical regimes. Technology Analysis & Strategic Management 9(4): 427‐450.
Google Scholar

Terziovski, M. (2010). Innovation practice and its performance implications in small and medium enterprises (SMEs) in the manufacturing sector: A resource-based view. Strategic Management Journal 31(8): 892-902.
Google Scholar

Ussahawanitchakit, P. (2012). Administrative innovation, technical innovation, competitive advantage, competitive environment, and firm performance of electronics businesses in Thailand. International Academy of Business and Economic 12(1): 112-135.
Google Scholar