A Review of the Impact of ICT on Business Firms
International Journal of Latest Engineering and Management Research, Volume 02 - Issue 01, January 2017, PP. 15-19
5 Pages Posted: 27 Jan 2017 Last revised: 16 Mar 2018
Date Written: January 27, 2017
Abstract
The importance of using Information Communication Technology (ICT) such as enterprise resource planning (ERP) and electronic commerce (e-commerce) by business firms cannot be overstated. ICT applications have been the major interest of researchers and practitioners due to the benefits that can be generated from these applications. The purposes of this study are to find the impact of ICT technologies and application on business firms. An intensive literature review has been conducted to identify the trends and patterns of academic researches. Suggestions based on the review have been made. There are gaps in the literature pertaining to the role of ecommerce and ERP. More studies needed to fill the gaps. The finding shows that most of the studies have focused on adoption factors, benefits and barriers of ecommerce rather than using e-commerce in area such as productivity and cost. The relationship between ERP and productivity was found to be significant.
Keywords: ICT, ERP, E-Commerce, Firm Performance
JEL Classification: A11, F02
Suggested Citation: Suggested Citation