Breaking Barriers: Technological Adoption Challenges in Organizations of Developing Economies - A Case of Pakistan
DOI:
https://doi.org/10.58622/vjes.v4i2.157Keywords:
Technology Adoption and its Challenges, Pakistan as a Developing Economy, Change Management, Data Security and Privacy, Lack of Awareness and Technology IntegrationAbstract
Technology integration at the workplace is the most talked about and challenging topic in this technologically poised era. Academia and practitioners are both struggling to upgrade themselves. By not adopting technological revolutions, emerging economies face the danger of being left behind, which could lead to a significant disproportion of economic development and living canons compared to industrialized nations. Technological transformation in developing economies has both problems and possibilities.
The research analyzes the challenging factors of implementing innovative technologies to foster societal development, economic advancement, and enhanced quality of organizational practices in emerging economies, with a particular emphasis on Pakistan. The study identifies the critical obstacles to adopting technology, such as scarcity of financial resources, threats over data privacy and security, the unwillingness of management personnel to embrace change, the fast pace of technical developments, and a deficiency of awareness vis-à-vis the advantages of integrating technology. This research used a cross-sectional, quantitative approach to collect data from 287 participants representing different industries/organizations in Karachi, Pakistan. The descriptive statistical analysis was performed via SPSS, emphasizing organizations' notable obstacles during technology adoption.
The findings identify the importance of strategic resource allocation, strong cybersecurity measures, efficient change management, ongoing innovation, and thorough education and communication to address these difficulties. Working on these challenges is imperative if an organization seeks benefits from advanced technology and innovation, maximum employee efficiency, and required sustainable growth. The study findings propose valuable insights to help policymakers, organizational leaders, and practitioners pursue technological adoption and inspire economic development in Pakistan, an emerging economy.
