Government Procurement ICT's Impact on the Sustainability of SMEs and Regional Communities

Government Procurement ICT's Impact on the Sustainability of SMEs and Regional Communities

Author: 
Demediuk, Peter
Place: 
Hershey
Publisher: 
IGI Global
Date published: 
2005
Editor: 
Marshall, Stewart
Journal Title: 
Encyclopedia of Developing Regional Communities with Information and Communication Technology
Source: 
Encyclopedia of Developing Regional Communities with Information and Communication Technology
Abstract: 

SMEs (small and medium sized enterprises) are a dynamic force for sustainable economic growth and job creation within developed and developing communities (MFT, 2001; NOIE, 2003; BRTF, 2003). SMEs stimulate private ownership and entrepreneurial skills; they are flexible and can adapt quickly to changing market demand and supply conditions; they generate employment, help diversify economic activities and make significant contributions to export and trade. An economy"s overall economic health and well-being can be measured by the growth of SMEs-so it is vital to enhance the capacity of SMEs to compete domestically, nationally, and internationally (APPC, 1999).

CITATION: Demediuk, Peter. Government Procurement ICT's Impact on the Sustainability of SMEs and Regional Communities edited by Marshall, Stewart . Hershey : IGI Global , 2005. Encyclopedia of Developing Regional Communities with Information and Communication Technology - Available at: https://library.au.int/government-procurement-icts-impact-sustainability-smes-and-regional-communities