Evaluation of Manufacturing SMEs in Ecuador - Zone 5: Using Multivariate Statistical Techniques

Abstract

The study delves into the growing prominence of manufacturing SMEs, especially in the economic landscape of emerging territories. The focus is on Zone 5 of Ecuador, a region that demonstrates potential and challenges faced. This research uncovers the intricate realm of human talent management, revealing its complex role in determining these companies' competitiveness in the market. The aim is directed towards understanding the nuanced impact of human talent on the strategic foundations of businesses. The research employs a quantitative approach. The study underscores the undeniable importance of proactive and well-planned human resource management. To further strengthen competitiveness and innovation in SMEs, the study also highlights the importance of investing in training and development of human talent.