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Original Articles

Influencia de la Estrategia en el Crecimiento y Rentabilidad de la Pyme Industrial Española

The Effect of Strategy on growth and performance of sme spanish manufacturing industry

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Pages 437-455 | Received 10 May 2004, Accepted 26 Oct 2005, Published online: 15 Jan 2014
 

RESUMEN

El objeto de este trabajo es analizar la relación existente entre la estrategia que adopta la empresa para competir en el mercado y su posición de rendimiento. Se utilizan dos tipos de indicadores: de tipo cuantitativo, a partir de la información contable y de tipo cualitativo, a través de la percepción del gerente de la empresa sobre su posición competitiva. Para ello se realiza un estudio empírico sobre una muestra de 739 Pymes industriales españolas. La metodología estadística utilizada ha consistido en la estimación de un modelo de regresión logística multinomial. Los resultados muestran que la estrategia es un factor importante para el desarrollo de la Pyme, dado que ésta influye de forma significativa en su crecimiento y rentabilidad.

ABSTRACT

The aim of this paper is to analyze the strategy-performance relationship in the firm. To do this we carry on an empirical study using a sample composed by 39 SME from the manufacturing sector in Spain. The statistical methodology consists on the estimation of a multinomial logistic regression model. We use two measures of performance: a quantitative indicator that comes from the accounting information, and a qualitative indicator through the chairman's opinions about the firm competitive position. The results show the strategy is a crucial factor for the development of the SME, as it affects positively on firm's growth and profitability.

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