Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan
Technological transformation aims to investigate small and medium-sized businesses' capacity to implement novel strategies that will boost production while endangering worker efficiency. Managers of SMEs in Khyber Pakhtunkhwa (KP), the province of Pakistan, made up a population sample of 273 respondents, who were compelled to do new research. The main statistical methods that are mandated are methods for linear regression. It is hypothesized that the medium-sized firm in KP's north and south areas is affected by the technological shift. The coefficient's determination (R2 = 0.101) shows that technical change accounts for 10.1% of the success observed in SME performance. When the forced p-value (0.000) matches the significance level of 0.05, it is considered statistically significant. results stated that the performance of SMEs in KP was positively and significantly impacted by technological progress.
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Change Management, SMEs, Innovation, Technological Change, Performance
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(1) Wajahat Hussain
Ph.D scholar, Department of Management Science, Qurtuba University of Sciences and Information Technology, Peshawar, KP, Pakistan.
(2) Naveed
Associate Professor, Department of Management Science, Qurtuba University of Sciences and Information Technology, Peshawar, KP, Pakistan.
Cite this article
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APA : Hussain, W., & Naveed. (2024). Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan. Global Management Sciences Review, IX(II), 23-30. https://doi.org/10.31703/gmsr.2024(IX-II).03
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CHICAGO : Hussain, Wajahat, and Naveed. 2024. "Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan." Global Management Sciences Review, IX (II): 23-30 doi: 10.31703/gmsr.2024(IX-II).03
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HARVARD : HUSSAIN, W. & NAVEED. 2024. Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan. Global Management Sciences Review, IX, 23-30.
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MHRA : Hussain, Wajahat, and Naveed. 2024. "Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan." Global Management Sciences Review, IX: 23-30
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MLA : Hussain, Wajahat, and Naveed. "Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan." Global Management Sciences Review, IX.II (2024): 23-30 Print.
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OXFORD : Hussain, Wajahat and Naveed, (2024), "Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan", Global Management Sciences Review, IX (II), 23-30
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TURABIAN : Hussain, Wajahat, and Naveed. "Effects of Technological Advancement on the Functioning of Small and Midsize Enterprises (SMEs) in Khyber Pakhtunkhwa, Pakistan." Global Management Sciences Review IX, no. II (2024): 23-30. https://doi.org/10.31703/gmsr.2024(IX-II).03