%0 Journal Article %T Productividad e innovación en pequeñas y medianas empresas %D 2019 %@ 0123-5923 %U http://repository.icesi.edu.co/biblioteca_digital/handle/10906/84611 %X Innovation is a key component of the competitive advantages of enterprises. The purpose of this paper is to test whether investment in innovation affects the productivity of small and medium-sized enterprises. The innovation-competitiveness relationship was studied in a large sample of companies in Mexico. A regression analysis was applied in two stages to avoid inconsistent estimators. First, the determinants of innovation were established, and then the impact of innovation on productivity was estimated. A positive link was found between innovation and productivity in various manufacturing and non-manufacturing sectors. The calculated impact of innovation on productivity is equivalent to the effect of investment in computer equipment. %K Pequeñas y medianas empresas %K Innovación %K Ventajas competitivas %K México %K Productividad %~ GOEDOC, SUB GOETTINGEN