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La importancia de los factores internos y externos en el éxito empresarial || The importance of internal and external factors in business success

Author

Listed:
  • Rico Belda, Paz

    (Universidad de Valencia)

  • Cabrer-Borrás, Bernardí

    (Universidad de Valencia)

Abstract

El aumento de la productividad de una determinada economía requiere mejoras en la productividad de sus empresas, lo que se traduce en un mayor éxito empresarial. Cabe señalar que una empresa encaminada hacia el éxito es más productiva. El objetivo del trabajo es analizar cómo influyen los factores internos y los externos a la empresa en su productividad laboral. En este trabajo, se aporta evidencia que permite reconocer la importancia de la calidad de la gestión empresarial, por un lado, y de los factores relacionados con el funcionamiento de los mercados e instituciones, por otro, en la determinación de la productividad de las empresas. Los resultados evidencian que las prácticas de gestión empresarial, la calidad institucional y el entorno a la empresa contribuyen conjuntamente a la productividad empresarial. No obstante, se observan diferencias según el tamaño de las empresas, de forma que las empresas de menor tamaño presentan una menor productividad empresarial, que pueden aumentar si mejoran sus prácticas de gestión y su dotación en capital físico por trabajador. Además, si las instituciones invierten en mejorar el entorno en el que las empresas se localizan, estas verán aumentar la probabilidad de alcanzar un mayor éxito empresarial. || Increasing the productivity of an economy requires improvements in the productivity of its companies, and therefore greater business success. It should be noted that a company on the road to success is more productive. The objective of this paper is to analyse how internal and external factors influence the labour productivity of companies. This paper provides evidence that recognises the importance of the quality of business management, on the one hand, and the factors related to the functioning of markets and institutions, on the other, in determining the productivity of companies. The results show that business management practices and the quality of the business environment jointly determine the productivity of companies. However, there are differences according to the size of the companies, so that smaller companies have lower business productivity that can be increased if they improve their management practices and their physical capital endowment per worker. In addition, if institutions invest in improving the environment in which businesses operate, they are more likely to achieve greater business success.

Suggested Citation

  • Rico Belda, Paz & Cabrer-Borrás, Bernardí, 2021. "La importancia de los factores internos y externos en el éxito empresarial || The importance of internal and external factors in business success," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 32(1), pages 241-256, December.
  • Handle: RePEc:pab:rmcpee:v:32:y:2021:i:1:p:241-256
    DOI: https://doi.org/10.46661/revmetodoscuanteconempresa.5417
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    References listed on IDEAS

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    More about this item

    Keywords

    éxito empresarial; productividad laboral; prácticas de gestión; calidad institucional; business success; labour productivity; management practices; institutional quality;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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