1 Professor , Mittal School of Business, Lovely Professional University, Phagwara - 144 411, Punjab
2 Assistant Professor, Khalsa College, Garhdiwala, Hoshiarpur - 144 207, Punjab
3 Post-Doctoral Fellow, Indian Institute of Management Amritsar, G.T Road, Amritsar - 143 105, Punjab
Purpose : This paper aimed to develop a holistic e-commerce adoption model and explore the significant factors at various stages of e-commerce adoption in emerging markets in micro, small, and medium enterprises (MSMEs).
Design/Methodology/Approach : A research model was developed by combining the diffusion of innovation and technological-organizational-environmental models with a staged model. A purposive sampling method was followed, and 384 MSME units were selected. A quantitative approach was used with a structured questionnaire as a research instrument.
Findings : The factors that influence the adoption of e-commerce were observed in two ways; one is a sequential way where an enterprise starts with primary e-mail and, step by step, reaches the most advanced stage, which included not only online ordering but also online payment capabilities. Furthermore, while moving to advanced stages of e-commerce adoption, enterprises follow a nonsequential way, where an enterprise could skip some stages while moving to complex stages of e-commerce adoption.
Research Implications : Various stakeholders would understand the barriers faced by the MSMEs in emerging markets so that necessary steps could be initiated to tackle this issue.
Originality/Value : The study proposed a novel, holistic e-commerce adoption model and addressed the research gap by seeking to understand how MSMEs in India were adopting e-commerce by exploring their level and sequence of adoption.
Pawan Kumar, Harpreet Kaur, Gursimranjit Singh (2023). MSMEs in Emerging Markets : An Exploration of the Stage Model of E-Commerce Adoption. Prabandhan: Indian Journal of Management, 16(8), 8–23. https://doi.org/10.17010/pijom/2023/v16i8/173062