Open AccessDetermining factors in MSMEs success: An empirical study in Mexico
Author(s) -
Rubén Molina Sánchez,
Domingo García Pérez de Lema,
Alejandra López Salazar,
Roberto Godínez López
Publication year - 2022
Publication title -
small business international review
Language(s) - English
Resource type - Journals
ISSN - 2531-0046
DOI - 10.26784/sbir.v6i1.384
Subject(s) - logistic regression , business , small and medium sized enterprises , sample (material) , quality (philosophy) , empirical research , work (physics) , competitive advantage , marketing , industrial organization , engineering , statistics , mathematics , finance , mechanical engineering , philosophy , chemistry , chromatography , epistemology
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.