Digital Transformation in African SMEs: Emerging Issues and Trends

Author(s): Alhassan Fatawu*, Abas S., Stanley C. and Susana A.

DOI: 10.2174/9789815223378124030010

Adoption of Social Media by Small and Medium Enterprises: Key Factors and Impact

Pp: 94-106 (13)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

Adopting and utilizing social media for conveying information to stakeholders can be made possible by SMEs at little cost. There is little research on the correlation between the use of social media and the success of SMEs, despite the fact that access to and sharing of information is a key factor in the success of SMEs. The purpose of this chapter is to identify and explain the motivating factors behind SMEs' adoption and use of social media. The factors that were identified in the literature were based on theories applied in SMEs perspective in Africa. We employed the TOE and TAM models for the chapter. These factors included environmental, cost, comparability, ease of use, usefulness, and relative advantage. It was concluded that social media technology is good for SMEs to make an impact in the world of business, hence, needs to be adopted by SMEs’ managers or owners.

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