Reconfiguration of Technological and Innovation Capabilities in Mexican SMEs: Effective Strategies for Corporate Performance in Emerging Economies

Luis Enrique Valdez-Juárez (), Elva Alicia Ramos-Escobar and Edith Patricia Borboa-Álvarez
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Luis Enrique Valdez-Juárez: Department of Business and Economics Sciences, Technological Institute of Sonora Mexico, Obregón 85000, Mexico
Elva Alicia Ramos-Escobar: Department of Business and Economics Sciences, Technological Institute of Sonora Mexico, Obregón 85000, Mexico
Edith Patricia Borboa-Álvarez: Department of Business and Economics Sciences, Technological Institute of Sonora Mexico, Obregón 85000, Mexico

Administrative Sciences, 2023, vol. 13, issue 1, 1-25

Abstract: Latin American SMEs currently have serious financial and technological limitations. These problems have generated poor progress in technological digitization, innovation management, and corporate performance. The purpose of this research is to first analyze the direct effect that digitalization has on the management of innovation and corporate performance of Mexican SMEs. Secondly, the moderating effect that technological barriers have on the digitization, innovation, and results of the corporate performances of Mexican SMEs is examined. This study compiles information from a sample of 4121 managers of SMEs in the service trade and manufacturing sector. The information collection technique was through a personal interview (online questionnaire) addressed to the owner and/or manager of the SMEs through the LimeSurvey Professional platform. The fieldwork was carried out during the months of January to July of the year 2022. The structural equations model (SEM) was used for data analysis, specifically with the statistical technique of analysis of variance through the partial least square (PLS). The findings revealed that digitization has positive and significant effects on innovation management and corporate performance. In addition, the results indicate that the barriers to digitalization as a moderating variable have been impeding development and digital transformation and reducing the results of innovation and corporate performance of Mexican SMEs. This study contributes to the development of dynamic capabilities theory.

Keywords: digital; innovation; performance; SMEs (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2023
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