Revisiting the Determinant Factors of E-Commerce Adoption in the Wake of the Pandemic: The New Landscape of Digital Transformation for SMEs in North West UK

In response to the challenges presented by COVID-19, many small businesses have opted to digitally transform to survive the economic downturn brought on by the pandemic. In particular, small- and medium-sized enterprises (SMEs) have turned to electronic commerce (e-commerce) to keep their firm afloat and maintain revenues amidst government restrictions and national lockdowns. While many SMEs shifted online against the backdrop of these contextual circumstances, the primary determinants which may have played a significant role in the e-commerce adoption decision in small businesses are unclear and cannot be explained by existing literature. Therefore, this paper finds it is the time to revisit this topic to ascertain the underlying determinants of SME e-commerce adoption during COVID-19. In so doing, this research aspires to provide practitioners and policymakers with advice as to how SMEs can counter crises by integrating technological innovations like e-commerce into their businesses and undergoing a rapid digital transformation

The Evolution of Trade and Technological in the Italian regions

The deepening of the integration process with the acceleration of the Single European Market (SEM), the forthcoming adoption of a single currency together with the political plans of eastwards enlargement of the European Union (EU%29 rise problems of disparities and inequalities between and within member states. The existence of cross-border imbalances within the EU area and the relevance of the issue for a successful socio-economic integration have been widely pointed out by the literature. The convergence in GDP levels across the EU regions registered up to the 1970s slowed down in the 1980s and started to reverse in the early 1990s. The awareness of this phenomenon has promoted the flourishing of socio-economic investigations based on the region as a territorial unit of analysis in order to better understand local dynamics driving convergence/divergence processes. Amidst the more general globalisation trend, localised knowledge spillovers and geographical concentration of economic activity seem to underlie these processes. In fact, despite of the fast pace of technological change and the massive reduction of space and time constrains, geographical agglomeration matters more than ever before for the purpose of global competitiveness. If the geographical perspective has shifted from the national to the regional level in the investigation of growth differentials, it has also turned out that innovative capabilities account for a good deal in explaining inter-regional disparities. The latter seem to greatly depend upon local innovative capacities, without, however, disregarding economic-structural and institutional factors. Structural and innovative processes are closely connected and mutually reinforced by virtuous and vicious circles%2C characterising respectively “success stories” of rapid industrial and technological development and catching up, and “falling behind” models of insufficient structural change and lack of organisational flexibility and systemic interaction. Within the European arena, the heterogeneous socio-economic conditions of the Italian regions are a clear example of intra-border imbalances. In the Italian peninsula, the north-south gap, reflected in the distinction between most advanced and less favoured regions, calls for a better understanding of both structural and technological profiles of the regional sectoral systems. By providing further insight into the convergence/divergence processes of regional industrial systems in Italy, this paper will attempt to identify production and innovative potentials developed within each regional unit. The ultimate aim is to explain current leading and lagging-behind conditions as well as to focus on the developing trajectories of consolidation and redefinition of regional competitive positions. For this purpose, economic, technological and locational factors will be evaluated. As the heterogeneity of the Italian regional systems is far to be an exception in the EU, the results of this analysis and their policy implications may well be relevant to the domestic realities of other member states. Going into the details of the analysis, the paper tests the hypothesis of whether technology effort impacts on regional internationalisation (understood in terms of international trade) over time. In doing so, the evolution of sectoral trade specialisation is sketched in order to evaluate the trajectories of regional competitive patterns. The emphasis on the sectoral aspects shed some light on the knowledge exchange and learning underlying trade flows. Moreover, in order to evaluate the significance of cross-regional differences in this context, the investigation goes further by identifying regional profiles of production structure.

Business networks SMEs and inter-firm collaboration: a review of the research literature with implications for policy

This literature review, which was commissioned by the UK's Small Business Service is concerned with business networks, and their importance for the small business community. Business networks are sometimes defined as comprising only inter-firm relationships (e.g. those that exist between component supplier and a manufacturer). However, it soon becomes apparent that a broader perspective is required, if research findings are to contribute meaningful insights for policy and practice. We have therefore incorporated research evidence on personal networks, notably those associated with entrepreneurship, and on links between firms and supporting institutions, such as trade associations, government agencies and universities

Agility in responding to disruptive digital innovation: Case study of an SME

Disruptive digital innovation (DDI) often creates hypercompetitive market environment that forces firms to be agile to survive and remain competitive. Whereas most studies have focused on larger firms' effort to be agile, few have looked at how small‐ and medium‐sized enterprises (SMEs) respond to DDI. The study attempts to answer the research question of how SMEs achieve agility to respond to DDI. Drawing on a case study of an innovative SME, our study develops a framework on agility based on the processes of mitigating organizational rigidity, developing innovative capabilities, and balancing the tension of organizational ambidexterity. Specifically, our findings show that for SMEs, mitigating organizational rigidity is enabled by the mechanism of achieving boundary openness while developing innovative capability is enabled by the mechanism of achieving organizational adaptability. At the same time, given the inherent challenges of resource constraints, SMEs also need to balance the tension of organizational ambidexterity

Beyond categorization: new directions for theory development about entrepreneurial internationalization

Categorizations emphasizing the earliness of internationalization have long been a cornerstone of international entrepreneurship research. Here we contend that the prominence of categories has not been commensurate with theory development associated with them. We draw on categorization theory to explain why earliness-based categories are persistent, and argue that a greater focus on notions related to opportunity can open new avenues of research about the entrepreneurial internationalization of business. We propose and discuss three directions for opportunity-based research on entrepreneurial internationalization, involving context, dynamics and variety

MANAGERIAL COMPETENCIES REQUIRED OF BUSINESS EDUCATION GRADUATES FOR HANDLING ENTREPRENEURSHIP CHALLENGES IN ANAMBRA STATE, NIGERIA

This study determined the managerial competencies required of business education graduates for handling entrepreneurship challenges in Anambra State. Two research questions guided the study. Four null hypotheses were tested at 0.05 level of significance. Related literature pertinent to the study were reviewed which exposed the need for the study. Descriptive survey research design was adopted, using a population of 1124 entrepreneurs of small and medium scale enterprises. Stratified random sampling technique was used to select a sample size of 338. A structured questionnaire developed by the researcher was used for data collection. Cronbach Alpha method was used to establish the reliability of the instrument. The reliability yielded coefficient values of .91 and .85. Data collected were analyzed using mean, standard deviation, t-test and ANOVA. Mean was used to answer the research questions and standard deviation was used to explain how the responses of the respondents varied. ANOVA and t-test were used to test the hypotheses at 0.05 level of significance. The results showed that entrepreneurs of SMEs agreed that innovative and ICT competencies are required by business education graduates for handling entrepreneurship challenges in Anambra State. The results also showed that there was no significant difference in the mean ratings of entrepreneurs on innovative and ICT competencies required of business education graduates based on gender and years of experience. Based on the findings, the researcher recommended among others, that the management of tertiary educational institutions through the centre for entrepreneurship development should work in collaboration with the existing entrepreneurs/ business organizations around them in providing entrepreneurship training to students in order to enable students develop self-employment initiatives through the programme.  Article visualizations

What Permits Small Firms to Compete in High-Tech Industries? Inter-Organizational Knowledge Creation in the Taiwanese Computer Industry

This paper addresses a puzzle related to firm size and competition. Since Stephen Hymer´s pioneering contribution (Hymer, 1960/1976), theories of the firm implicitly assume that only large, diversified multinational enterprises can compete in industries that combine high capital intensity, high knowledge-intensity and a high degree of internationalization. Small firms, by definition, have limited resources and capabilities and are unlikely to possess substantial ownership advantages. They also have a limited capacity to influence and shape the development of markets, market structure and technological change. One would thus expect that they are ill-equipped to compete in a knowledge-intensive industry that is highly globalized. Taiwan’s experience in the computer industry tells a different story: despite the dominance of small- and medium-sized enterprises (SMEs), Taiwan successfully competes in the international market for PC-related products, key components and knowledge-intensive services. The paper inquires into how this was possible. It is argued that organizational innovations related to the creation of knowledge are of critical importance. Taiwanese computer firms were able to develop their own distinctive approach: due to their initially very narrow knowledge base, access to external sources of knowledge has been an essential prerequisite for their knowledge creation. Such “inter-organizational knowledge creation” (Nonaka and Takeuchi, 1995) was facilitated by two factors: active, yet selective and continuously adjusted industrial development policies; and a variety of linkages with large Taiwanese business groups, foreign sales and manufacturing affiliates and an early participation in international production networks established by foreign electronics companies. A novel contribution of this paper is its focus on inter-organizational knowledge creation. I first describe Taiwan´s achievements in the computer industry. The dominance of SMEs and their role as a source of flexibility is documented in part II. Part III describes some policy innovations that have shaped the process of knowledge creation. The rest of the paper inquires how inter-organizational knowledge creation has benefited from a variety of linkages with large domestic and foreign firms; I also address some industrial upgrading requirements that result from this peculiar type of knowledge creation.knowledge creation; learning; small firms; networks; firm strategy; industrial policies;

Staying Ahead of the Curve: An Analysis of Strategic Agility and its Role in Ensuring Firm Survival in a Dynamic Business Environment

This research paper explores the relationship between strategic agility and firm survival in a highly dynamic business environment. The study aims to identify the key factors associated with strategic agility and to analyze how they impact firm performance in a competitive and rapidly changing market. A systematic literature review methodology was employed to gather and analyze the relevant literature. Three key factors were identified as being associated with strategic agility: resource fluidity, leadership capabilities, and strategic sensitivity. The analysis revealed that firms with a higher degree of strategic agility have a better chance of survival in a dynamic business environment. Strategic agility helps firms quickly adapt to changes in the market, anticipate future trends, and respond to customer needs, thereby enhancing their competitiveness. This study contributes to the literature by highlighting the importance of strategic agility as a critical factor in ensuring firm survival in a highly dynamic business environment

Covid-19 as a Driver Towards Technology Shift: A Focus on Kenya

Covid-19 pandemic has had severe effects in economies, businesses and livelihoods. In fact, the pandemic has significantly slowed down all economies with World Health Organization (WHO) projecting that global trade may reduce by between 13% and 32% in 2020. In Kenya, service sector is the most hit sector, with learning institutions suspending physical learning, close to 80% of hotels suspending operations and small scale service providers leaning operations. However, this study is focused on the positive side of the pandemic. The paper documents technology shifts observed in Kenya during Covid-19 pandemic and identify, empirically, the operational benefits that could possibly be realized through such technologies. The study establishes that while Covid-19 had disastrous effects on businesses and individuals, the pandemic has pushed Kenyans and Kenyan organizations towards technology adoption as witnessed through technology shift during the period. This study serves as preliminary review. Its findings inform a full study that will focus on technology adoption throughout the Covid-19 pandemic. Keywords: Covid -19, Technology Shift, Operational Advantages DOI: 10.7176/EJBM/12-30-05 Publication date:October 31st 2020