Innovation and its influence on organizational development: description of the process in Colombian SMEs

Abstract

Innovation in small and medium enterprises (SMEs) is a challenge, due to the characteristics of this type of business. There are several factors that have an impact and should be analyzed, especially in this era of change and globalization. To observe from the perspective of SMEs, as has been the growth of innovation, the results of a descriptive / quantitative research are shown. For the study, a questionnaire was designed under the Likert scale, with key questions on innovation applied to 150 small companies in the city of Barranquilla; after the collection of responses from these companies, an analysis was carried out in SPSS to facilitate the understanding of the data. The most relevant results show that SMEs focus on innovating in existing processes and that new procedures or approaches are developed in an incipient way. The recommendations are aimed at empowering the actors influencing the SME process to promote more significant advances in this regard.