In this paper, we focused on whether investments in ICTs could cause any increases in a firm's performance. We constructed a data set for two East African countries - Kenya and Tanzania for small and medium scale enterprises and focused on three performance indicators - internal rate of return, labour productivity and domestic and export market expansion. Findings of this paper suggested that investments in ICT have a positive impact on general market expansion. However, it has a negative impact on labour productivity, and such investment does not have any significant impact on the firm's return nor does it determine the firm's exporter (non-exporter) status. Copyright © 2006 John Wiley & Sons, Ltd.
CITATION STYLE
Chowdhury, S. K. (2006). Investments in ICT-capital and economic performance of small and medium scale enterprises in East Africa. Journal of International Development, 18(4), 533–552. https://doi.org/10.1002/jid.1250
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