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Research Detail

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Hossain Md Billal
Department of Business Administration Graduate School of Kumoh National Institute of Technology Gumi 39177, South Korea

Ho Kyun Shin
Department of Business Administration Kumoh National Institute of Technology Gumi 39177, South Korea

This study aims to empirically analyse the critical success factors affecting e-Commerce adoption by SMEs in Bangladesh. It identifies the benefits of e-Commerce adoption realized by these SMEs and investigates the relationships among those factors. In developing countries, previous studies were consulted to formulate the adoption in their parent countries, but the observations regarding e-Commerce remain on upstream. They focused on major issues rather than minor ones. This study examines the four main critical success factors (technological, organizational, environmental and strategical) in Bangladesh. 500 Respondents of 210 SMEs were given questionnaires. The Results were analyzed using the SPSS version 25. The analysis result will be helpful for future researchers and policy makers to promote the B2C eCommerce adoption as predictors of SMEs. 

  Critical Success Factor, e-Commerce Adoption, Bangladesh SMEs
  In Bangladesh
  
  
  Knowledge Management
  E-Commerce

Therefore, the objective of this study is to explore the critical successful factors influencing adoption and implementation of B2C e-Commerce by Small and Medium-sized Enterprises in Bangladesh. And, this study is to search about the formulation of an e-Commerce adoption guidelines so that Bangladeshi entrepreneurs trying to move towards the e-Commerce sector with recommendations to initiate e-Commerce. 

Research Model Technology Organizational Environment model (Tornatzsy & Fleischer's, 1990) is used in this study. This model gives us insight in e-Commerce adoption by different type of corporations and organizations along with its impact on different type of critical successful factors including technological, organizational, environmental and strategical factors. The TOE model is useful in the prediction of wide range of innovations and contexts. 1) Technological factors narrated with three sub variables: information and communication technology, customer service and business processing. These will be both internal and external technologies. 2) Organizational factors are related with three sub variables: culture, security and privacy, trust which gives the several descriptive measures of firm size and scope, formalization and centralization with the complexity of its managerial structure as well as the amount security and trust with slack resources availability of SMEs companies. 3) Environmental factors constructed with variables of government intervention, business partner affiliation and value chain which related to industry, competitors, access to resources supplied by others and dealings with SMEs firm. 4) Strategical factors consisted with experience, need and value which gives theories of adoption of electronic commerce as well as the strategies that companies choose to develops a competitive advantage, the models on economic interactions, the barriers on the part of companies to be included in the electronic marketplace. The research model is displayed in the below: 

Hypothesis Development H1: There is a positive relationship between technological factors (information and communication technology, customer services, business processing) and e-Commerce adoption. H2: There is a positive relationship between organizational factors (culture, security & privacy, trust) and e-Commerce adoption. H3: There is a positive relationship between environmental factors (government intervention, business partner affiliation, value chain) and e-Commerce adoption H4: There is a positive relationship between strategical factors (experience, need, value) and e-Commerce adoption  

Methods of Data Collection The framework of this study based on TOE model illustrates the relationships between e-Commerce adoption by corporations and the freelance and interactive impact of technological, organizational, environmental and strategical critical successful factors which relating to owner/manager/employee profile. During the present analysis, responses were sought-after on every analysis question by formulating relevant queries with the analysis meant to assemble information from an outsized range of respondents in several business sectors that are set in elect regions over a large geographic area which are SMEs registered in Dhaka, Chittagong, Mymensing, Gazipur and Narayangonj regions of Bangladesh. Every respondent received a questionnaire and was distributed via email and Facebook for easy communication. More than seven hundred SMEs have been elected from producing & construction, media & ICT, health services, sales and selling, transport, education, cordial reception, finance & insurance, agriculture & food process sectors. The sectors were elected to support the expected high utilization of innovative technologies, as earlier established through pilot study. Amongst them 500 respondents correctly responded to the questionnaires. Correlation analysis with proper regression model utilized to measure the impact of e-Commerce adoption on different factors.  

Data Analysis and Discussion Male and female participants are 78%, 22% respectively. Majority of the respondents 49.4% age between 31 to 40 years. 37% of the respondents are junior staff and simple workers, 19% are supervisor/foreman/section officer, 22% are branch managers, 18.3% are chief executive/managing director, and 3.2% are freelancers participating in the study. Industry distribution among respondents; 16.2% belong to manufacturing, 13.4% to construction, 15% to finance, 20% to service, 12.2% to communication, 22.8% to technology, and 0.6% to other organizations. 

  Management Review: An International Journal, 14(1), pp. 51-81 (June 30, 2019).
  
Funding Source:
1.   Budget:  
  

At the government level, rules must be established to enable eCommerce in Bangladesh as per Japanese SMEs pattern of rules. Highly trained officials must be hired from different countries to teach parties about the progressive business of e-Commerce. The role of SMEs can be increased with the transformation of relevant research in universities about scientific and technological aspects. To ensure of Mobile and Smartphones, Computers, Internet and software applications is necessary. The deregulation of the telecommunication sector is a plus point for e-Commerce adoption. The Electronic payment system should be insured by the Government of Bangladesh. IT curriculum is the top requirement in schools, colleges. For that purpose, the board of education must ensure and devise a flexible and post-modern policy for eCommerce facilitation.  

  Journal
  


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