COMPUTATIONAL MODEL FOR MEASURING THE INFROMATION AND COMMUNICATION MATURITY INDEX OF NIGERIA ECONOMY
Keywords:
Nigeria economy, NSE, ICT Maturity, SMEsAbstract
The Information and Communication Technology maturity of an enterprise is a strong foundation for successful implementation of knowledge management. The fundamental issue within the Nigeria economy that has resulted in skewed ICT planning is the uncertainty surrounding the stage or level of ICT maturity. This paper therefore, evaluates and measures the level of ICT maturity of selected firms in all the sectors listed in the Nigerian Stock Exchange (NSE) using the ICT maturity model of Small-and -Medium Enterprises (SMEs). This model was based on a 5-stage road map of ICT development in SME: Inactive, Basic, Substantial, Web-based and Knowledge-oriented, in which knowledge-oriented is the highest development stage. The result has shown that the Nigeria economy is web-based in ICT maturity, with an index of 0.67; an indication that the ICT maturity of the Nigerian economy has not grown to the fullest level. This could give SMEs knowledge of their current situation and strengthen their competitive capability for effective management of knowledge resources for their improvement in this knowledge economy.
References
Brynjolfsson, E., Hitt, L. M. 2000. Beyond computation: information technology, organizational transformation and business performance. Journal of Economic Perspectives, 14(4): 23-48.
Chan, K.H., Chu, S.K.W., Wu, W.W.Y. 2012. Exploring the correlation between Knowledge Management Maturity and
Intellectual Capital Efficiency in Mainland
Chinese listed Companies. Journal of Information & Knowledge Management 11(3): 11- 22.
Ekuobase, G.O., Olutayo, V.A. 2016.
Study of Information and Communication
Technology (ICT) Maturity and Value: The
Relationship, Egyptian Informatics
Journal, Elsevier Publishers 17(3): 239-
Hong, T. S., Zulkifli, N. 2011. Information technology adoption in small and medium-sized enterprises; an appraisal of two decades literature. Interdisciplinary Journal of Research in Business 1(7): 53-80.
Oladimeji T., Folayan G. 2018. ICT and Its Impact on National Development in Nigeria: An Overview Research and Reviews: Journal of Engineering and Technology. 7(1): 5-10
Pham, X. K., Le, N.S, Nguyen, T.P.G. 2013. Measuring the ICT Maturity of Enterprises under Uncertainty Using Fuzzy ANP. International Journal of Machine Learning and Computing 3(6): 524-528.
Pham, Q. T. 2010. Measuring the ICT Maturity of SMEs. Journal of knowledge Practice 11: 34-40.
Raef B., Alaa A. 2019. Impact of Information and Communication Technology on Economic Growth: Evidence from Developing Countries. International Journal of MDPI Economics. 13pp.
Richard, T., Bin, Z. 2007. Measuring the
impact of ICT: Theories of information and development. Telecommunications Policy Research Conference, Washington, D. C
Roach, S. S. 1991. Services under Siege: the restructuring imperative. Harvard Business Review 39(2): 82-92.
Skyrme, D., Associates 2003. Measuring intellectual capital – A plethora of methods,
Available online at http://www.skyrme.com/insights/24kmeas.html
Virginia B., Maria J., Carlos A. 2018. A study of the value of ICT Improving Corporate Performance: A Corporate Competitiveness View. International Journal Technological and Economic Development of Economy. 24(4): 1388-1407
Weber, A., Haas, M., Scuka, D. 2011. Mobile service innovation: A European failure. Telecommunications Policy 35(5): 469-480.
Zaid, M.A. 2015. Correlation and Regression Analysis. The Statistic, Economic and Social Research and Training Centre for Islamic Countries (SESRIC).
