Open AccessMultiplier elements of innovation: towards an innovation model in the Mexican micro and small business
Author(s) -
Alejandra López Salazar,
Gloria Leticia López-Salazar,
Rubén Molina Sánchez
Publication year - 2022
Publication title -
journal of administrative science
Language(s) - English
Resource type - Journals
ISSN - 2683-2119
DOI - 10.29057/jas.v3i6.7379
Subject(s) - innovation management , business , service innovation , small business , competitive advantage , product innovation , marketing , key (lock) , task (project management) , technology management , business model , human resources , industrial organization , position (finance) , knowledge management , service (business) , computer science , economics , management , computer security , finance
Innovation is a fundamental strategy to generate and maintain a competitive position in the market, however, the companies’ ability to generate innovations is not an easy task, as there are different factors that influence it. Although several innovation models have been developed, no ad hoc models have been proposed to the conditions of micro and small enterprise, nor the structural conditions in developing countries. Therefore, the objective of this research is to identify and analyze the most relevant management factors that drive innovation in Mexican micro and small business. To this end, 594 micro and small businesses from the Laja-Bajío region belonging to the commercial sector, service and manufacture, were surveyed. Semi-structured interviews were conducted to identify their needs on innovation generation. The results show that technology management, marketing strategies and human resources management are the key elements to drive innovation in the MSEs (Micro and Small enterprises).