The purpose of this paper is to review the literature on empirical research examined Small and Medium size Enterprises (SMEs) from selected journals. This has been achieved by reviewing the most examined constructs to identify the key significant factors in the literature. The selected research papers for reviewing are accessed from only high-ranking journals. The review addressed technology adoption in the context of SMEs. The paper attempts to review the studies based on technology-organisation-environment (TOE) framework to identify the relevant set of variables for technology adoption in SMEs. The most significant factors found to be relative advantage and compatibility from the technological context, top management support and size from the organizational context, and external pressure from the Environmental context. This review intended to guide future researchers to improve the predictive power of their examined models.