Digital Transformation Technology as Determinants of Business Performance of Small and Medium Enterprises in Edo and Delta State, Nigeria
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This study was designed to examine digital transformation technology as determinants of business performance of small and medium enterprises in Edo and Delta States of Nigeria. Three research questions and hypotheses were derived from the specific objectives of the study. The resource-based theory was used to support the argument in the study. Cross sectional research design was used for the study. A sample of 400 was obtained from the population of the study that comprised small and medium enterprises owners in Edo and Delta States. Purposive sampling method was used to administer the questionnaires on the respondents who are made up of small and medium enterprises owners. Descriptive statistics (mean and percentage) was used to answer the research questions while inferential statistics (multiple regressions) was used to test the hypotheses to determine the effect of the independent variables on the dependent variable. The study found out that digital transformation technology positively affects small and medium enterprises performance in Edo and Delta States. There is a significant effect of digital human resources on business performance; there is a significant effect of information and communication technology platforms on business performance; and there is a significant effect of financial resources for “technology on business performance”. It was therefore recommended, among others, that small and medium enterprise in Edo and Delta States should be encouraged to adopt digital transformation technology to promote company reputation and thereby result in positive business performance.
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Copyright (c) 2025 Ajiri Joseph Iyomaterie, Prof. Osazevbaru Henry Osahon, Prof. Demaki Godwin Omafuru
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