Information-Sharing and Technological Trends among Small and Medium-Sized Enterprises

Digitalization is an important factor for small and medium-sized (SMEs) contractors. This study examines different elements impacting the digitalization process as well as innovation and technological trends amongst SMEs. An online questionnaire was designed, and 70 responses were collected. Four variables of organizational, technological, economical, and social were factor analyzed through which two components of ‘resources’ and ‘human force management’ were identified. The relationships between firm size, information-sharing, and software usage were further tested via Pearson Chi-Square Test of Independence. It was concluded that no association existed among those three variables and technology usage was found to be minimal among the firms.