International Competitiveness of Small and Medium-Sized Enterprises: Peru, a Latin-American Emerging Market

Abstract

Our research studies the international competitiveness of small and medium-sized enterprises (SMEs) in an emerging Latin-American country. Using a sample of 100 SMEs in Peru, we find that firms compete abroad with standardized products, which are conditioned by the host-country markets, human capital, and industry cooperation. However, the results show that the age and size of the firm are not determining factors in competing overseas. Our findings open a new agenda for policymakers when interpreting how they should promote and support Latin-American SMEs.

Scientific Capacity and Industrial Development as Locomotors of International Competitiveness in Latin America

“…The data reveals that Latin American economic growth seldom translates into export upgrading or a steady improvement in manufacturing. Industrial policy should occupy a larger role in the region's agenda and should be more explicitly linked to the creation of more scientific knowledge and human capital (Siddiqui & Rehman, 2017;Teixeira & Queirós, 2016) Our conclusions are consistent with a recent study conducted by Peña-Vinces, Casanova, Guillen & Urbano (2017), which shows that Peruvian exports are highly standardised (that is, with very few techs component). This problem results from a variety of shortcomings that have been discussed in previous literature.…”

Human Capital and the Internationalisation of SMEs: A Systemic Literature Review

“…Though some studies investigated both less knowledge-intensive and more knowledge-intensive manufacturing industries (Wadhwa et al, 2017), a number of studies were focused on traditional industries, such as textiles, agribusiness and chemicals (Mozas-Moral et al, 2016;Pena-Vinces et al, 2017), apparel and food manufacturing 0 10 20 30 40…”

Impacto de la rentabilidad y la cuota de mercado en las empresas zombis en México

“…Para comprender la relación entre el rendimiento empresarial y las empresas zombis se emplea la visión basada en recursos, la cual plantea que los elementos con los que cuenta la firma, así como las habilidades para explotarlos, son los que colocan a las organizaciones en posiciones vanguardistas para obtener mejores resultados que la competencia, generando un efecto diferenciador entre ellas, denotando que el mercado donde opera está directamente involucrado con éste concepto (Ferreira, Marques, & Azevedo, 2011;Gupta, Malhotra, Czinkota, & Foroudi, 2016;Peña-Vinces, Casanova, Guillen, & Urbano, 2017) Partiendo de ésta visión, se puede ver el resultado empresarial desde dos perspectivas, la que se relaciona con la eficiencia en el manejo de actividades relacionadas con la administración y utilización de los recursos con los que se cuenta (costos, producción, inversión, entre otros) y, por otro lado, la cuota de mercado que maneja cada unidad comparada con los demás integrantes del sector, lo anterior permite tener un mejor entendimiento de la dinámica del mercado (Sauka, 2014;Stojcic, Hashi, & Telhaj, 2013;Subramanian & Reddy, 2012).…”