Implication of ICT use on productivity and regional development planning among small scale enterprises in Ondo state
Journal Title: Agricultural and Resource Economics: International Scientific E-Journal - Year 2018, Vol 4, Issue 1
Abstract
One of the reasons often cited for underdevelopment of African cities and regions is low application of smart technology to improve means of production. This often led to inefficiency which is ultimately reflected in space. This paper investigated the level of ICT usage among small scale manufacturing enterprises in Ondo State. The study also investigated intra-regional variations in use of smart technologies in the industrial subsector and compared same across the three regions of the state. A sample of 352 enterprises was taken from three senatorial regions and nine settlements which were purposively sampled and interviewed using questionnaire. The production and operational system of these firms were observed. The data collected were analysed using descriptive and inferential methods. The study established that proportion of ICT users concentrated more in Ondo Central 45.7% than Ondo south (28.7%) and Ondo north (25.6%). It was also discovered that formal small scale enterprises made more use of ICT products, compared with those in the informal sector. Moreover ICT use among enterprises were urban biased as 91.2% of enterprises in this category were located in major towns of Akure, Okitipupa and Ikare, 8.1% in minor towns of Obaile, Ode Aye and Ugbe, with villages of Aponmu Iboropa and Ikoya being relatively insignificant (0.8%). The study established that enterprises that made use of smart technologies tend to be more efficient in terms of production and marketing especially in identification of new markets, networking, subcontracting, security and other linkage benefits. Also, regional industrial development entails not only quantitative growth of industries, but an industry that embrace a new opportunities in innovation, and technology especially in management, record keeping, production, decision making etc.
Authors and Affiliations
Afolabi Francis Fatusin, Gbenga John Oladehinde
Keywords
Related Articles
- EP ID EP273262
- DOI -
- Views 149
- Downloads 0
Documentary support of internal control of land resources
Purpose. The purpose of this paper is to investigate, critically assess the state of documentary support of internal control of land resources and develop proposals for its improvement. Methodology / approach. The method...
Special aspects of economic relations between participants of the market for livestock products
Purpose. Purpose of the article is to summarize theoretical foundations of the study of the nature and content of economic relations between participants of the agri-food market for livestock products, expanding and addi...
Effect of linear investment on agricultural uses on the basis of validity of estimated compensation
Purpose. The work takes up topic with the impact of gas pipeline investments in the agricultural space. The reduction in the productivity of agricultural areas is felt by farmers already at the stage of investment constr...
Improved policy making through enhanced dialogue and focused education
The purpose of the paper is to show ways of strengthening civil society’s capacities and contribute to improvement of transparency of implementation of sectoral economic strategies at the level of Lviv Region of Ukraine...
Approaches to the evaluation of financial potential of agricultural enterprises
We consider the basic principles and specific approaches to assessing the financial potential of the enterprise. The methodological approaches for choosing assessing the financial potential of agricultural enterprises ta...