Authors: Catherine Leroy-Beltran, Jerry Haar, Oscar A. Beltran
Addresses: Tec de Monterrey, Calle del Puente, No. 222, Mexico, D.F. 14380, Mexico. ' Eugenio Pino and Family Global Entrepreneurship Center, Florida International University, 11200 SW 8th Street, Miami, FL 33199, USA. ' Tec de Monterrey, Calle del Puente, No. 222, Mexico, D.F. 14380, Mexico
Abstract: The exploratory study examines the responses of Mexican small and medium-sized enterprises (SME) to economic liberalisation. Two winning sectors for Mexico under NAFTA – apparel and plastics – and two losing sectors – textiles and printing/media – are analysed to determine the extent to which external factors and firm-level behaviour affect competitiveness. Findings reveal that regardless of the sector (winner or loser), macroeconomic policy choices, or NAFTA|s provisions, it is the management of the firm (including vision, leadership, entrepreneurial attitude and behaviour, and decisions related to finance, marketing, production, and the deployment of human capital) that is by far the most important determinant of success.
Keywords: Mexico; trade; entrepreneurship; NAFTA; SMEs; economic liberalisation; management; apparel industry; clothing industry; garment industry; plastics industry; textile industry; printing industry; media; competitiveness; North American Free Trade Agreement.
International Journal of Entrepreneurship and Small Business, 2005 Vol.2 No.4, pp.331 - 345
Available online: 24 May 2005 *Full-text access for editors Access for subscribers Purchase this article Comment on this article