November 20, 2024 FKAL
Universiti Malaysia Sabah Labuan International Campus
Asia/Kuala_Lumpur timezone

DIGITAL READINESS OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES): A CONCEPTUAL PAPER

Not scheduled
20m
Universiti Malaysia Sabah Labuan International Campus

Universiti Malaysia Sabah Labuan International Campus

Jln. Sungai Pagar, 87000 Labuan F. T., Malaysia
Business and Management

Speaker

GEOFFREY HARVEY TANAKINJAL (FKAL)

Description

ABSTRACT The digital transformation of Micro, Small, and Medium Enterprises (MSMEs) is imperative for their sustained growth and competitiveness in today's business landscape. Labuan, facing constant economic changes, is compelled to embrace digital readiness to stay relevant. This research investigates the digital preparedness of MSMEs in Labuan, examining aspects such as technology adoption rates, digital skills proficiency, and navigating the complexities of the digital business landscape. The study aims to understand the current state, identify areas for improvement, and provide insights to enable these businesses to thrive in the rapidly evolving digital age. The research also explores the technology readiness of users or industries, emphasizing the motivators and inhibitors influencing technological preparedness. The findings are expected to enhance Labuan's MSMEs' development, fostering innovation and economic resilience in the face of global digitalization.

Primary author

Co-author

Dr Alesia Sigang Gungkang (Labuan Faculty of International Finance)

Presentation materials

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