Factors that determine the competitive success of MSME: An empirical study in Peruvian companies

Abstract

This paper analyses the factors associated with the competitive success of MSMEs in Peru. A qualitative research was carried out with a sample of 94 companies with more than 5 employees. Factors for competitive success are studied from the perspective of the resource-based theory. Results show that MSMEs that develop a more complete management control system and have more efficient human resources practices have a better chance to succeed in a competitive market. These results are especially useful for MSMEs managers and governmental directors in order to promote and design strategies and policies that promote the growth and competitiveness of MSMEs.

Keywords

• mipyme
• rendimiento
• teoría recursos y capacidades
• sistemas de control de gestión
• recursos humanos