Determining factors in MSMEs success: An empirical study in Mexico

Rubén Molina-Sánchez (), Domingo García-Pérez-de-Lema (), Alejandra López-Salazar () and Roberto Godínez-López ()
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Rubén Molina-Sánchez: Universidad de Guanajuato - Celaya, Guanajuato, https://orcid.org/0000-0001-6915-9122
Domingo García-Pérez-de-Lema: Universidad Politécnica de Cartagena - Cartagena, Murcia, https://orcid.org/0000-0001-6951-4630
Alejandra López-Salazar: Universidad de Guanajuato - Celaya, Guanajuato, https://orcid.org/0000-0003-3927-9603
Roberto Godínez-López: Universidad de Guanajuato - Celaya, Guanajuato, https://orcid.org/0000-0003-2612-8996

Small Business International Review, 2022, vol. 6, issue 1, e384

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.

Keywords: MSMEs; success; quality; technology; innovation (search for similar items in EconPapers)
JEL-codes: L15 L23 L25 M10 O30 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:aaz:sbir01:v:6:y:2022:i:1:p:e384

DOI: 10.26784/sbir.v6i1.384

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