Small and medium enterprises correlation between competitiveness, innovation and strategic planning at metal mechanical sector in San Luis Potosí, México

Abstract

This paper aims to analyze the complex factors of the operative context of small and medium enterprises (SMEs) in metal-mechanical sector in the state of San Luis Potosí, México. To achieve this aim, the study intends to analyze the relationship between competitiveness, strategic planning and innovation. The analysis responds to the question What is the correlation between strategic planning, competitiveness and innovation of Small and Medium Businesses in the metal-mechanical sector at the capital city of San Luis Potosi, Mexico? To measure the magnitude of the variables, it was required to divide them into specific components. The findings of this analysis considers human resources have an impact on the competitiveness growth variables and innovation is not decisive impacting the variables growth and competitiveness in micro, small and large companies at metalworking sector in San Luis Potosi.