cover image: Small goes digital - How digitalization can bring about productive growth

20.500.12592/gxc6r3

Small goes digital - How digitalization can bring about productive growth

24 Aug 2021

The analysis conducted for this report builds on the notion of capabilities to capture the intangible assets within an MSE that influence its susceptibility to, and ability to benefit from, digitalization – notably the collective skills, attitudes and expertise of the enterprise’s owner and staff. [...] The importance of micro, small and informal enterprises for employment and conditions of work has long been emphasized in studies by organizations such as the ILO and the World Bank and by development economists (Bruhn and McKenzie 2014; ILO 2013; ILO 2015a; La Porta and Shleifer 2014). [...] How the digitalization industrial and other enterprises, in of micro and small enterprises particular in developing countries, to is key to the implementation financial services, including affordable of the 2030 Agenda for credit, and their integration into value Sustainable Development chains and markets”. [...] The bottom line of the digital revolution is that, while the internet has spread into all countries and industries, the adoption of digital technologies and the benefits of these are unevenly distributed (World Bank 2016). [...] The older, the larger, the more digitally skilled and the more formalized a firm, the more likely it is to trade online, to trade across national borders and to use a wider range of digital technologies, such as websites and online marketplaces (Chege, Wang and Suntu 2020; World Bank 2016; ITC 2017; Kabanda and Matsinhe 2019; L.
Pages
87
Published in
Switzerland

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