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Determining factors in MSMEs success: An empirical study in Mexico

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Abstract

This work empirically analyzes the competitive factors that help make micro, small, and medium enterprises (MSMEs) successful. To do this, an empirical study with a sample of 614 companies in Guanajuato, Mexico, has been carried out. The results of the binary logistic regression analysis show that quality, technology, and innovation are the main variables that determine a company’s success. These findings could provide guidelines to help MSMEs improve their competitiveness, and they could help public administrations better support MSME growth.

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  • Molina-Sánchez, Rubén & García-Pérez-de-Lema, Domingo & López-Salazar, Alejandra & Godínez-López, Roberto, 2022. "Determining factors in MSMEs success: An empirical study in Mexico," Small Business International Review, Asociación Española de Contabilidad y Administración de Empresas - AECA, vol. 6(1), pages 384-384, January.
    • Handle: RePEc:aaz:sbir01:v:6:y:2022:i:1:p:e384
    DOI: 10.26784/sbir.v6i1.384
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    4. Nomsa Sisi Majama & Tebogo Israel ¡®Teddy¡¯ Magang, 2017. "Strategic Planning in Small and Medium Enterprises (SMEs): A Case Study of Botswana SMEs," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 8(1), pages 74-103, February.
    5. Vanthana NOLINTHA & Idris JAJRI, 2015. "The Garment Industry in Laos: Technological Capabilities, Global Production Chains and Competitiveness," Working Papers DP-2015-13, Economic Research Institute for ASEAN and East Asia (ERIA).
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    More about this item

    Keywords

    MSMEs; success; quality; technology; innovation;
    All these keywords.

    JEL classification:

    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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