The Interaction Between Administrative Models and SME Growth in Ecuador: A Determinant Factor Analysis

Abstract

Nowadays, administrative processes play a key role in the growth of companies at the organizational level because they improve their productivity and competitiveness. Adequate administrative management reflects a permanent synergy in the activities demanded at the moment of approaching the correct use of resources, where the right decisions have a positive impact. The objective of this article is to analyze the determining factors in the interaction between administrative models and the growth of SMEs in Ecuador by means of a bibliographic review. In fact, the prism method was used to define the amount of research to be reviewed, which was chosen based on inclusion and exclusion criteria. Thus, 21 articles from databases such as Scielo, Redalyc and Dialnet were reviewed. The results identified the following factors: human talent, financing, material resources and innovation. It is concluded that the relationship between administrative models and growth of Ecuadorian SMEs is affected by the lack of knowledge and preparation of human talent, the precarious investment in innovation due to the financing barriers of the banking entities that choose to work with large companies, and the incipient adoption of technology in their processes.