Government Procurement ICT's Impact on the Sustainability of SMEs and Regional Communities

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Author(s): Peter Demediuk (Victoria University, Australia)
Copyright: 2005
Pages: 4
Source title: Encyclopedia of Developing Regional Communities with Information and Communication Technology
Source Author(s)/Editor(s): Stewart Marshall (The University of the West Indies, Barbados), Wal Taylor (Cape Peninsula University of Technology, South Africa)and Xinghuo Yu (Royal Melbourne Institute of Technology, Australia)
DOI: 10.4018/978-1-59140-575-7.ch056

Keywords: Global Information Technology / Government & Law / Information Science Reference / Urban & Regional Development

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Abstract

SMEs (small and medium sized enterprises) are a dynamic force for sustainable economic growth and job creation within developed and developing communities (MFT, 2001; NOIE, 2003; BRTF, 2003). SMEs stimulate private ownership and entrepreneurial skills; they are flexible and can adapt quickly to changing market demand and supply conditions; they generate employment, help diversify economic activities and make significant contributions to export and trade. An economy’s overall economic health and well-being can be measured by the growth of SMEs-so it is vital to enhance the capacity of SMEs to compete domestically, nationally, and internationally (APPC, 1999).

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Government Procurement ICT's Impact on the Sustainability of SMEs and Regional Communities

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