Small Business and the Use of Technology: Why The Low Uptake?

Abstract

Technology in the form of electronic communications has become part of everyday life for most people in first world countries. It has also transformed how businesses operate, with the internet being the most common medium for many business exchanges. Large business has fully embraced technology, however the figures for small business are less convincing. Indeed at the very lowest level of enterprise, micro or home-based business, the uptake of e-business in this sector is less than half. Given all the hype surrounding the benefits of conducting business virtually the question that needs to be asked is why the low rate of uptake?

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