technology adoption and its overall application in co-operatives in the region is generally low and that the main reasons for this include conservatism, costs and ignorance. The results and the situations also vary. He observed two situations where – some highly automated financial co- operatives and the completely non-automated agricultural primary co-operatives. ICT is increasingly becoming an essential tool for efficient operations of investments and co-operatives should be encouraged to use this technology (Ministry of Co-operative Development and Marketing, 2008). The Ministry of co-operatives through its policy document on investment notes that many co-operatives are not computerized while others are partially computerized; and recommends that CODIC be activated to fulfill its core mandate of developing and assisting the co-operative movement to acquire compatible computer software for their operations at a competitive price; and that to save on costs, Saccos should link up with private ATM service providers, e.g Pesa Point or alternatively utilize Cooperative Bank ATM service which has a country wide network.
15 The researcher in this case will investigate the effect IT on growth and establish why some societies have adopted IT if at all it has a positive effect on growth. In a competitive market, members will increasingly seek providers who serve them best. Competition is the situation in which people or organizations compete with each other for something that not everyone can have. Therefore the underlying principle for any competitive situation is scarcity. It therefore follows that any person or organization that wishes to engage into productive activity, will not only have to content with the acquisition of scarce factors of production, ever changing state of technology but also with a determinate market with its ever changing tastes and preferences. The essence of competition is to win as others lose (Hollensen, 2003). One of the earliest concepts of technology strategy was provided by Maidique and Patch (2008). They conceptualize technology strategy based on three dimensions, namely type of technology; level of competence; timing of technology introductions; level of investment; organization and policies, and source of technology. Type of technology or technology selection is associated to the distinctiveness and the value of technologies that the firm specializes in. Level of competence refers to how specialize the firm is in its technologies. Timing of technology introduction equates to introducing a technology ahead of competitors. Level of investment is related to financial resource allocations whereas organization and policies are associated with implementation of strategy (Spital and Bickford, 2002). Source of technology on the other hand refers to mode of technology acquisition, whether it is internal R and D, external R and D or others. These are methods or ways to pursuing technology strategies (Spital and Bickford, 2002).
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