ICT Investments and Growth of Small and Medium Firms: A Study of Food Processing Industry in India

Navyashree G. R. () and Savita Bhat ()

Working Papers from eSocialSciences

Abstract: The objective of the present study is to examine the effect of ICT investments on the sales growth of SMEs from the food processing industry in India. Secondary data is collected from the Prowess database provided by Centre for Monitoring Indian Economy (CMIE) for the period of five years from 2010 to 2014. Panel data regression technique is used for the analysis. The result shows that ICT investments in the previous year has a favorable effect on the sales growth of SMEs. Other variables like size of the firm and age of the firm are also statistically important in explaining sales growth of SMEs in the food processing industry. [FGKS Research Papers].

Keywords: ICT investments; Small and medium firms; Food Processing Industry; India; competitiveness; growth; Secondary data; sales growth; entrepreneurship; firm; trade barriers; economic liberalization; globalization; privatization and deregulations; productivity; innovation (search for similar items in EconPapers)
Date: 2016-09
Note: Institutional Papers
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