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Technology Solution to SME Growth

Last Updated: March 01, 2009 Related resource areas: Entrepreneurs & Their Communities

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Technology Solution to SME Growth. This paper was presented at the 2007 Association of Small Business and Entrepreneurship (ASBE) . It was written by Donald L. Lester and Thuhang T. Tran of Middle Tennessee State University. The manner in which small-to-medium-sized (SMEs) organizations grow and develop has been a focused interest of management researchers for decades. Categorizing this development into a life cycle of organizations has become a commonly accepted method for understanding the problems and opportunities associated with growth. Although several researchers have identified critical problems to overcome at each stage of the life cycle model if an organization is to progress, Kazanjian’s organizational life cycle model (1988) is used as an adequate representation of the construct and a particularly accurate example of the crises or critical problems faced in each stage. This paper explores the importance of information technology (IT) in solving the critical problems of each life cycle stage to facilitate continued growth and development. Read the full paper now.


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