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

Jorge Antonio Rangel Magdaleno, Luis Aguilera Enriquez and Martha Gonzalez Adame

Revista Internacional Administracion & Finanzas, 2015, vol. 8, issue 2, 105-119

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.

Keywords: Innovation; Financial Information; Competitiveness; SMEs Manufacturing (search for similar items in EconPapers)
JEL-codes: L60 M20 M40 (search for similar items in EconPapers)
Date: 2015
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