Determining factors in MSMEs success: An empirical study in Mexico
Open Access
- 10 January 2022
- journal article
- Published by Asociacion Espanola de Contabilidad y Administracion de Empresas (AECA) in Small Business International Review
- Vol. 6 (1), e384
- https://doi.org/10.26784/sbir.v6i1.384
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
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