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MSME competitiveness in small island economies: a comparative systematic review of the literature from the past 24 years

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  • Clint O. Hurley

Abstract

The purpose of this paper is to consolidate the extant literature on firm competitiveness in general and compare it to the literature related to micro, small and medium enterprise (MSME) competitiveness generally and then specifically to literature on MSME competitiveness in small island economies (SIEs). The paper contrasts these three research threads to develop a research framework to guide the future MSME research agenda in small island economies. This systematic literature review uses the Social Science Citation Index (SSCI) database for citation analysis to identify the most influential research, and the Ex Libris’ Primo Central Index (PCI) and EBSCO Caribbean Search database for small island-specific literature. The review identifies the research themes of most relevance to MSMEs in small island economies. The paper found that research on MSMEs competitiveness in small island economies should focus on the moderating role of country-level characteristics on the relationships between the sources of competitiveness such as, intellectual capital, human capital management, social capital, innovation, internationalization as well as strategy implementation; and firm competitiveness outcomes. The value of the paper is that it shows the differences in the competitiveness priorities of large firms versus MSMEs and small island MSMEs.

Suggested Citation

  • Clint O. Hurley, 2018. "MSME competitiveness in small island economies: a comparative systematic review of the literature from the past 24 years," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 30(9-10), pages 1027-1068, October.
    • Handle: RePEc:taf:entreg:v:30:y:2018:i:9-10:p:1027-1068
    DOI: 10.1080/08985626.2018.1515822
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    Cited by:

    1. Rafael Martínez-Peláez & Alberto Ochoa-Brust & Solange Rivera & Vanessa G. Félix & Rodolfo Ostos & Héctor Brito & Ramón A. Félix & Luis J. Mena, 2023. "Role of Digital Transformation for Achieving Sustainability: Mediated Role of Stakeholders, Key Capabilities, and Technology," Sustainability, MDPI, vol. 15(14), pages 1-27, July.
    2. Alexander Kalita & Alexander Chepurenko, 2020. "Competitiveness of Small and Medium Businesses and Competitive Pressure in the Manufacturing Industry," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 14(2), pages 36-50.
    3. Qingfeng Zhu & Rui Zong & Mengqi Xu, 2023. "Three-Party Stochastic Evolutionary Game Analysis of Supply Chain Finance Based on Blockchain Technology," Sustainability, MDPI, vol. 15(4), pages 1-20, February.
    4. Szerb, László & Rideg, András & Hornyák, Miklós & Krabatné Fehér, Zsófia, 2023. "Magyarországi városrégiók versenyképességének mérése és elemzése [Measuring and analyzing the competitiveness of urban regions in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 119-148.

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