Authors : Hatra Voghouei, Mohammad Ali Jamali and Hamid Sharifi
Abstract: During the last decades, the technological revolution forces industries and enterprises to use technology-based processes and equipment to overgrow. Production chain management with the use of information and communication technology equips production tools with new technologies. The usage of information and communication technology in industries and manufacturing enterprises in developed countries and countries whose industries have grown significantly, since, the 1990s have caused significant changes in improving product quality, increasing productivity and reducing time in the manufacturing sector. At the same tie, they could overcome their weaknesses with the benefits of ICT and stand in the right place in the economy. This study tries to study the impact of Information and Communication Technology (ICT) on the Iranian manufacturing sector. In this research, the effect of ICT on firm performance (manufacturing units with ten employees and more) has been investigated. By considering data of 22 sectors during 2008-2016 and employing the GMM method, the impact of ICT application’s usage on the income growth has been assessed. The results showed that hardware and software usage, communication technology has a positive and significant effect on income growth. While fixed capital formation, employment, exchange rate and R&D have a positive and significant impact, the producer price index has a negative and significant effect on income growth.
Hatra Voghouei, Mohammad Ali Jamali and Hamid Sharifi, 2021. Effect of Information and Communication Technology on Firms Performance in Iran. Asian Journal of Information Technology, 20: 103-111.