Leveraging technology transfer, information communication technology and capacity building for sustainable development

Digital technologies have brought about tremendous changes which have impacted human lives. Information and communications technologies are widely acknowledged as important resources for job creation, firms´ growth, economic growth, socio-political and sustainable development. In this regard, policies regarding transfer, assimilation, and absorption need to cushion the perilous phases of technology adaptation to local conditions. Least developed countries need to surmount capacity challenges in order to deploy and utilize information and communications technologies for development and growth of small and medium enterprises. This paper examines how policy implementations may be leveraged to accentuate the development of small and medium enterprises in smaller developing economies.