Information and Communication Technology and Growth in the Dominican Republic Microbusinesses

Marina Ortiz-Medina ,Gonzalo Maldonado-Guzmán

doi:10.5539/ibr.v13n9p129

Abstract

There is a growing concern on the part of researchers, academics and professionals in business and management sciences, to find those variables that have a greater degree of influence on the level of growth of microenterprises, and within the various existing variables In current literature, information and communication technologies (ICTs) seem to be the variable that generates the most positive effects on microenterprises, both in developed and developing countries. Therefore, the essential objective of this empirical study is to analyze the relationship between the adoption and use of ICTs of microenterprises located in the Dominican Republic and their level of growth, for which a sample of 1,199 microenterprises was considered. The results obtained show that ICTs have a significant positive relationship in the level of microbusiness growth.

Highlights

In the last two decades there has been a wide debate in the literature of business sciences and management, on those variables that have a greater degree of influence on the growth of companies
To verify the hypothesis raised in this research work and verify, in this way, the level of influence of information and communication technologies (ICTs) on the level of growth of the accumulation microenterprises of the Dominican Republic, a linear regression analysis was performed through the ordinary least squares (OLS), using the following model approach: Growthi = b0 + b1 ·TICsi + b2 Size + b3 Age + εi Where, Growthi represents the average monthly sales that the companies that participated in the research achieved
It is possible to conclude that to achieve maximum use and use of the ICTs that the micro-businesses located in the Dominican Republic possess, managers and/or owners have to participate in the courses or workshops offered by business chambers, non-profit organizations profit and government agencies in order to improve knowledge and skills in the use of these important technological tools

Summary

Introduction

In the last two decades there has been a wide debate in the literature of business sciences and management, on those variables that have a greater degree of influence on the growth of companies. It has been found that one of these variables is Information and Communication Technology (ICTs), which is why studies at both macroeconomic and microeconomic levels have been oriented in theoretically and empirically demonstrating the effects exerted by the adoption of ICTs at the level of business growth (Donati & Sarno, 2013). The results obtained from the different empirical studies published in the current literature of the field of business sciences that relate to ICTs with growth are too ambiguous, so it is required the contribution of greater theoretical and empirical evidence of the effects of ICTs on the level of business growth (Giuri et al, 2008; Donati & Sarno, 2013). They are rapidly transforming both the productive relationships between companies and organizations and the existing social relationships in the world in which we live today (Huaroto, 2012), thereby generating a change in consumer behavior

Methods

Results

Conclusion