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
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