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The Influence Of Innovation And Financial Information In Competitiveness Of Manufacturing Small And Mediumsized Enterprise, La Influencia De La Innovacion Y La Informacion Financiera En La Competitividad De La Pequena Y Mediana Empresa Manufacturera

Author

Listed:
  • Jorge Antonio Rangel Magdaleno
  • Luis Aguilera Enriquez
  • Martha Gonzalez Adame

Abstract

This research measures the impact of innovation and financial information on the competitiveness of manufacturing among Small and Medium-Sized Enterprises (SMEs). The aim is to analyze the most relevant aspects related to innovation, financial information and the impact of these on business competitiveness, identifying the significance and interrelationships. For this study, we considered a sample of 149 SMEs in the manufacturing sector of the state of Aguascalientes, Mexico. The results show evidence that intervention of specialized external consultants and a lack of patent protection are the most relevant factors in innovation for the sample. The impact of financial information on the competitiveness of such companies is also relevant.

Suggested Citation

  • Jorge Antonio Rangel Magdaleno & Luis Aguilera Enriquez & Martha Gonzalez Adame, 2015. "The Influence Of Innovation And Financial Information In Competitiveness Of Manufacturing Small And Mediumsized Enterprise, La Influencia De La Innovacion Y La Informacion Financiera En La Competitivi," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 8(2), pages 105-119.
  • Handle: RePEc:ibf:riafin:v:8:y:2015:i:2:p:105-119
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    References listed on IDEAS

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    1. Naruanard Sarapaivanich & Bernice Kotey, 2006. "The Effect Of Financial Information Quality On Ability To Access External Funds And Performance Of Smes In Thailand," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 14(03), pages 219-239.
    2. Amnon Frenkel, 2003. "Barriers and Limitations in the Development of Industrial Innovation in the Region," European Planning Studies, Taylor & Francis Journals, vol. 11(2), pages 115-137, March.
    3. Helfat, C.E. & Raubitschek, R.S., 2000. "Product Sequencing: Co-Evolution of Knowledge, Capabilities and Products," Papers 00-1, U.S. Department of Justice - Antitrust Division.
    4. Ulrich Witt, 2002. "How Evolutionary Is Schumpeter'S Theory Of Economic Development?," Industry and Innovation, Taylor & Francis Journals, vol. 9(1-2), pages 7-22.
    5. Robert E. Quinn & John Rohrbaugh, 1983. "A Spatial Model of Effectiveness Criteria: Towards a Competing Values Approach to Organizational Analysis," Management Science, INFORMS, vol. 29(3), pages 363-377, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Innovation; Financial Information; Competitiveness; SMEs Manufacturing;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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