ICT Access and Social Infrastructural Facilities and the Performance of Informal Micro- and Small-Business Enterprises in Nigeria

19 Pages Posted: 31 May 2016

See all articles by Ranti

Ranti

Covenant University

Kayode Bolarinwa

Nigerian Institute of Social and Economic Research

Kayode Bowale

Covenant University

Stephen Oluwatobi

Covenant University

Ifeoluwa Ogunrinola

Covenant University

Date Written: April 13, 2016

Abstract

This paper examines the roles that access to ICT and improved social infrastructure play on the performance levels of informal micro and small business enterprises in Nigerian. For formal sector organisations, studies have been conducted to verify this, but not much is known with respect to micro and small informal sector businesses. This study therefore intends to bridge this yawning gap by carrying out an analysis of the impact of the access to telephone (a major component of ICTs that is fast finding common usage among informal sector enterprise-owners) among informal micro and small businesses in Nigeria. The study relies on primary data on the informal sector enterprises collected by the Nigerian Institute for Social and Economic Research (NISER) in 2014. Basic descriptive statistics in addition to the Ordinary Least Squares Regression model is used in the analyses of the data. Policy measures that will enhance further diffusion of ICT infrastructure among micro and small business to enhance their growth and contributions to income and employment generation are recommended at the end of the paper.

Keywords: ICT, social infrastructure, micro and small enterprises

Suggested Citation

Olurinola, Oluranti Isaiah and Bolarinwa, Kayode and Bowale, Kayode and Oluwatobi, Stephen and Ogunrinola, Ifeoluwa, ICT Access and Social Infrastructural Facilities and the Performance of Informal Micro- and Small-Business Enterprises in Nigeria (April 13, 2016). Available at SSRN: https://ssrn.com/abstract=2786205 or http://dx.doi.org/10.2139/ssrn.2786205

Oluranti Isaiah Olurinola (Contact Author)

Covenant University ( email )

P.M.B. 1023
Km 10 Idiroko road
Ota, Ogun State 234
Nigeria

Kayode Bolarinwa

Nigerian Institute of Social and Economic Research

United States

Kayode Bowale

Covenant University

Km 10 Idiroko road
Ota
Nigeria

Stephen Oluwatobi

Covenant University ( email )

P.M.B. 1023
Km 10 Idiroko road
Ota, Ogun State 234
Nigeria

Ifeoluwa Ogunrinola

Covenant University

Km 10 Idiroko road
Ota
Nigeria

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