Industrial entrepreneurship: Management processes and competitiveness

Abstract

The objective was to determine the influence of business management processes on the competitiveness of industrial enterprises in the Carabayllo district, Peru. The methodology was quantitative, non-experimental, cross-sectional and causal. Surveys were applied to a sample of 123 employees of ten industrial enterprises. The data were analyzed using descriptive statistics and an ordinal regression test to assess the relationship between the variables business management processes and competitiveness. Business management processes in industrial enterprises are predominantly average, affected by the lack of strategic planning, limited transformational leadership and poor internal processes. Only a small percentage of enterprises achieve significant competitive advantages, and most face difficulties in adapting to changing market conditions. The lack of investment in innovation and technology and the poor training of human capital limit their ability to improve their competitiveness. The regression model showed that business management explains between 27.2% and 32.4% of the variability in the competitiveness of industrial enterprises. The implementation of robust and sustainable industrial policies, similar to those of the European Union, is suggested to improve competitiveness in the Peruvian context. The need for more strategic and adaptive business management to face market challenges is highlighted.