IDEAS home Printed from https://ideas.repec.org/a/taf/oabmxx/v11y2024i1p2318635.html
   My bibliography  Save this article

Digital transformation and innovation, dynamic capabilities to strengthen the financial performance of Mexican SMEs: a sustainable approach

Author

Listed:
  • Luis Enrique Valdez-Juárez
  • Elva Alicia Ramos-Escobar
  • Oscar Ernesto Hernández-Ponce
  • José Alonso Ruiz-Zamora

Abstract

The main purpose of the research is to analyze the effect that digital transformation has on technological and non-technological innovation as key factors that increase financial performance in SMEs. The study focuses on a sample of 4121 SMEs from the services, trade and manufacturing sectors, located in Mexico. The data was collected through an online questionnaire addressed to the SMEs manager through the LimeSurvey platform. The field work will be carried out from January to July 2022. The PLS-SEM statistical technique was used to test the hypotheses of the proposed theoretical model. The data show that digital transformation plays an important role in a more decisive way in technological innovation and non-technological innovation; In addition, it is also proven that innovation in its two modalities has significant effects on the financial performance results of Mexican SMEs. However, we have found that digital transformation has a small effect on the financial performance of these companies. On the other hand, the study shows that the sustainability strategy plays the role of a moderating variable, positively affecting technological innovation and non-technological innovation. Furthermore, the study explains that the male gender is the one that has had the best results in innovation and financial performance. The study contributes to the development of the theory of dynamic capabilities supported by the innovation model (DUI and STI).

Suggested Citation

  • Luis Enrique Valdez-Juárez & Elva Alicia Ramos-Escobar & Oscar Ernesto Hernández-Ponce & José Alonso Ruiz-Zamora, 2024. "Digital transformation and innovation, dynamic capabilities to strengthen the financial performance of Mexican SMEs: a sustainable approach," Cogent Business & Management, Taylor & Francis Journals, vol. 11(1), pages 2318635-231, December.
    • Handle: RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2318635
    DOI: 10.1080/23311975.2024.2318635
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23311975.2024.2318635
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23311975.2024.2318635?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2318635. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://cogentoa.tandfonline.com/OABM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.