How to Generate Profitable Growth in Engineering Small and Medium Enterprises. A Case Study Analysis
Keywords:
Small and medium enterprises, Growth, Finance, Case studyAbstract
DOI: https://doi.org/10.26439/ing.ind2020.n038.4817
Small and medium enterprises (SMEs) play a fundamental role in the Peruvian economy because they significantly contribute to job creation. However, many of these companies face challenges to generate profitable growth and, therefore, improve the quality of life of their workers and stakeholders. This article examines the actions that a medium-sized engineering company can take in order to generate profitable growth. The research used a quantitative and qualitative case study methodology to achieve a comprehensive understanding of the company and its competitive environment. As a result of the research, four actions are proposed, which would lead to a company’s growth if they are jointly implemented.
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References
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Todd, P. R., Javalgi, R. G., y Grossman, D. (2014). Understanding the characteristics of the growth of SMEs in B-to-B markets in emerging economies: an organizational ecology approach. Journal of Business & Industrial Marketing, 29(4), 295-303. doi:10.1108/JBIM-08-2013-0189
Wakkee, I. A., y van der Veen, M. (2015). Effective growth paths for SMEs. Journal of Entrepreneurship, 24(2), 169-185. <a href="https://doi.org/10.1177/0971355715586894" target="_blank">https://doi.org/10.1177/0971355715586894</a>
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Blackburn, R. A., Wainwright, T., y Hart, M. (2013). Small business performance: Business, strategy and owner-manager characteristics. Journal of Small Business and Enterprise Development, 20(1), 8-27. doi:10.1108/14626001311298394
Committee on STEM education of the National Science & Technology Council. (2018). Charting a course for success: America’s strategy for STEM education. <a href="https://www.whitehouse.gov/wp-content/uploads/2018/12/STEM-Education-Strategic-Plan-2018.pdf" target="_blank">https://www.whitehouse.gov/wp-content/uploads/2018/12/STEM-Education-Strategic-Plan-2018.pdf</a>
Grupo DNA. (2019). Guía salarial 2019-2020. Lima: Grupo DNA.
Hui-Hong, J., y Tan, K. (2004). SMEs business growth model: a medium to big effort. International Journal of Management and Enterprise Development, 1(3), 195-207. doi:10.1504/IJMED.2004.004520
Ley n.o 30056. Ley que modifica diversas leyes para facilitar la inversión, impulsar el desarrollo productivo y el crecimiento empresarial. (2 de julio de 2013). Recuperado del sitio de internet diario El Peruano <a href="https://busquedas.elperuano.pe/normaslegales/ley-que-modifica-diversas-leyes-para-facilitar-la-inversion-ley-n-30056-956689-1/" target="_blank">https://busquedas.elperuano.pe/normaslegales/ley-que-modifica-diversas-leyes-para-facilitar-la-inversion-ley-n-30056-956689-1/</a>
Machado, H. (2016). Growth of small businesses: a literature review and perspectives of studies. Gestão & Produção, 23(2), 419-432.
Maldonado-Guzman, G., Garza-Reyes, J. A., Pinzon-Castro, S. Y., Mejia-Trejo, J., Kumar, V., y Nadeem, S. P. (2018). Innovation and growth in family-owned Mexican SMEs. Proceedings of the International Conference on Industrial Engineering and Operations Management (IEOM). Badung, Indonesia: IEOM Society.
Peru Top Publications. (2016). Peru top 10 000 companies. Lima: Peru Top Publications. Pyme emplea al 75 % de la población económicamente activa del Perú. (21 de junio del2018). Andina. Recuperado de <a href="https://andina.pe/agencia/noticia-pyme-emplea-al-75-de-poblacion-economicamente-activa-del-peru-714211.aspx" target="_blank">https://andina.pe/agencia/noticia-pyme-emplea-al-75-de-poblacion-economicamente-activa-del-peru-714211.aspx</a>
Todd, P. R., Javalgi, R. G., y Grossman, D. (2014). Understanding the characteristics of the growth of SMEs in B-to-B markets in emerging economies: an organizational ecology approach. Journal of Business & Industrial Marketing, 29(4), 295-303. doi:10.1108/JBIM-08-2013-0189
Wakkee, I. A., y van der Veen, M. (2015). Effective growth paths for SMEs. Journal of Entrepreneurship, 24(2), 169-185. <a href="https://doi.org/10.1177/0971355715586894" target="_blank">https://doi.org/10.1177/0971355715586894</a>
Zaratiegui, J. R. (1999). La gestión por procesos: su papel e importancia en la empresa. Revista Economía Industrial, 330, 81-88. <a href="https://www.mincotur.gob.es/Publicaciones/Publicacionesperiodicas/EconomiaIndustrial/RevistaEconomiaIndustrial/330/12jrza.pdf" target="_blank">https://www.mincotur.gob.es/Publicaciones/Publicacionesperiodicas/EconomiaIndustrial/RevistaEconomiaIndustrial/330/12jrza.pdf</a>
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Published
2020-07-06
Issue
Section
Business engineering
How to Cite
Mathey, M. (2020). How to Generate Profitable Growth in Engineering Small and Medium Enterprises. A Case Study Analysis. Ingeniería Industrial, 38(038), 131-154. https://revistas.ulima.edu.pe/index.php/Ingenieria_industrial/article/view/4770
