Advances in Management and Applied Economics

The Relationship Between Innovation Management, Social Innovation and Sustainable Performance in Mexican SMEs

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• Abstract

  Social innovation is a relatively recent construct in the scientific literature in the field of marketing and has recently been considered an essential construct to achieve a higher level of sustainable performance in manufacturing companies, particularly in small and medium-sized companies. However, despite the importance of small and medium-sized enterprises in any country in the world, there are relatively few theoretical and empirical studies that have focused on the analysis and discussion of the relationship between social innovation and sustainable performance. in small and medium-sized companies, and there are even fewer studies that relate these two constructs to innovation management, especially in developing countries, such as Mexico. Therefore, the essential objective of this study is the analysis and discussion of the relationship between innovation management, social innovation and sustainable performance in small and medium-sized companies, for which a sample of 300 companies and the analysis of structural equations. The results obtained show the existence of a positive and significant relationship between innovation management and social innovation and sustainable performance, and between social innovation and sustainable performance.

  Keywords: Innovation management, social innovation, Sustainable performance, SMEs.

  JEL classification numbers: M21.