B-Side of Innovation for SMEs in Latin America

Abstract

This article aims to synthesize the existing literature on innovation in Latin America’s small and medium-sized enterprises (SMEs). Through a PRISMA approach and based on data from 34 screened articles. A systematic literature review allowed us to understand the variables that compromise innovation implementation of in Latin American SMEs. These results show three main dimensions covering the unexplored side of innovation in Latin America: (1) Institutional environment, (2) Knowledge issues, and (3) Entrepreneurial traits. The findings shape a conceptual framework on the factors that hinder the innovation processes of SMEs in Latin America to integrate the substantive analysis efforts for future directions and research agendas about the topic.

Keywords

• Pymes
• América Latina
• Innovación
• Enfoques PRISMA
• Emprendimiento
• Gestión