Studying the Current Status of Technology Adoption
Small and medium-sized enterprises (SMEs) are important to the U.S. economy,particularly to the high-tech sector. SMEs employ approximately half of all private sector employees, generate 60% to 80% of new jobs annually, and employ approximately 40% of high-tech workers such as scientists, engineers, and computer workers [8, 11]. Further, SMEs play a critical role in nurturing industrial innovation, constituting 40% of highly innovative firms in 2002 . SMEs also play a significant role in enhancing the competitiveness of an economy through the process of economic renewal by creation, elimination, and restructuring of economic sectors. Technology has been a critical factor in enabling SMEs to play this regenerative role in the U.S. economy.
Recommended CitationBharati, Pratyush and Chaudhury, Abhijit, "Studying the Current Status of Technology Adoption" (2006). Computer Information Systems Journal Articles. Paper 12.