Investigating Disparities in SMEs Digitalisation

phd13jtlocal

Based on the analysis of data from the LSBS and insights from the panel discussion, recommendations are made to help policymakers address the gaps in the adoption of digitalisation and AI technologies among small businesses. [...] Specifically, the project has the following research objectives: To determine the prevalence of digital and AI technology adoption among small businesses in the UK, segmented by the gender and ethnicity of business leaders and across different geographical regions and sectors. [...] For a better understanding of digital gaps, it is important to analyse the process from the individual perspective of the entrepreneur and understand the impact of ethnicity, region, education, culture, and reach to technology (Prasetyo and Setyadharam, 2022). [...] Digitalisation in the manufacturing sector is crucial in the UK it is commonly referred to as the "Future of Manufacturing" in the UK, " and "Industry 4.0” in the EU (Yin et al., 2018). [...] Figure 8: Comparative adoption rates of digitalisation technologies between MEG-led and non-MEG-led UK businesses (2018-2022) 5.3.2 Digital technology adoption among MEG-led and non-MEG-led businesses To gain a clearer insight into the digitalisation adoption by MEG-led and non-MEG-led businesses, we adjusted the adoption rates to reflect the total number of businesses in each group.