Internationalization of micro, small, and medium-sized enterprises in Ecuador: challenges and opportunities
DOI:
https://doi.org/10.36097/rsan.v1i64.3592Keywords:
Ecuador, strategies, internationalization, MSMEs, opportunities, challengesAbstract
In an increasingly competitive global environment, internationalization has become a vital strategy for micro, small, and medium-sized enterprises (MSMEs) seeking to access new markets and enhance their sustainability. In Ecuador, although MSMEs represent the majority of the business fabric, their participation in international trade remains limited. This study aimed to analyze, through a systematic review of scientific literature published between 2010 and 2024, the main challenges and opportunities faced by these firms in their internationalization processes. Databases such as Scopus, Web of Science, SciELO, and Google Scholar were consulted, applying strict inclusion criteria and using the PRISMA protocol to ensure methodological transparency. The findings reveal internal barriers, including limited access to financing, a lack of managerial training, and low adoption of digital technologies, as well as external obstacles such as high logistics costs, regulatory complexity, and weak institutional coordination. Nevertheless, relevant opportunities were also identified, including trade agreements, growing demand for sustainable and culturally distinctive products, and the use of e-commerce. It is concluded that strengthening business capabilities, ensuring access to specialized financing, designing sector-specific public policies, and improving institutional coordination are key elements for achieving a more effective and inclusive internationalization of Ecuadorian MSMEs.
Downloads
References
Aguirre Benalcázar, M. C., Romero Hidalgo, O. M., Jaramillo Paredes, M. F., & Ruiz Carrillo, J. A. (2021). Situation of the Ecuadorian medium-sized company: Distinctive features of its management practices [Situación de la mediana empresa ecuatoriana: Rasgos distintivos de sus prácticas gerenciales]. Revista de Ciencias Sociales, 27(2), 352–366.
Anderson, W. (2011). Internationalization opportunities and challenges for small and medium-sized enterprises from developing countries. Journal of African Business, 12(2), 198–217. https://doi.org/10.1080/15228916.2011.588912
Anzules-Falcones, W., Díaz-Márquez, A. M., Padilla, L., Hernán-Hidalgo, D., & Sánchez-Grisales, D. (2021). Foresight for small and medium enterprises in the context of the circular economy. Foresight and STI Governance, 15(1), 86–96. https://doi.org/10.17323/2500-2597.2021.1.86.96
Baliamoune-Lutz, M., Basuony, M. A. K., Lutz, S. H. H., & Mohamed, E. K. A. (2024). International ownership and SMEs in Middle Eastern and African economies. African Development Review, 36(2), 279–291. https://doi.org/10.1111/1467-8268.12765
Benalcazar, F. L., & Thurber, M. W. (2008). Building stakeholder consensus for an oil pipeline in Lago Agrio, Ecuador. Society of Petroleum Engineers - 9th International Conference on Health, Safety and Environment in Oil and Gas Exploration and Production 2008, 1, 314-321. https://doi.org/10.2118/111539-MS
Braun, V., & Clarke, V. (2006). Using thematic analysis in psychology. Qualitative Research in Psychology, 3(2), 77–101. https://doi.org/10.1191/1478088706qp063oa
Bravo Acosta, O., Suárez Rodríguez, O., Burgos Yambay, J., & Játiva Pesantez, M. (2024). Strategies to improve the competitiveness of micro, small and medium-sized enterprises in the city of Guayaquil-Ecuador [Estrategias para mejorar la competitividad de la micro, pequeña y mediana empresa en la ciudad de Guayaquil-Ecuador]. Revista de Ciencias Sociales, 30(ESPECIAL 10), 515–530.
Castillo-Nazareno, U. H., Matute-Petroche, J. S., & Alcívar-Avilés, M. T. (2020). Extended quality processes in internationalized agro-industrial rural collaborative economy: Capital accumulation and the association of small farmers. In Quality Management for Competitive Advantage in Global Markets (pp. 81–94). https://doi.org/10.4018/978-1-7998-5036-6.ch005
Chancay, T. S. A., López, V. E. R., Mogrovejo, M. I. P., & Quiroz, C. A. M. (2022). Small and medium enterprises and the international trade policy of Ecuador [Pequeñas y medianas empresas y la política comercial internacional del Ecuador]. Revista de Ciencias Sociales, 28(4), 448–469. https://doi.org/10.31876/rcs.v28i4.39141
Chopra, R., Bhardwaj, S., Baber, H., & Idris Sanusi, O. (2024). Navigating global horizons: A review of export promotion and foreign market entry strategies for small and medium enterprises (SMEs). Journal of Business and Industrial Marketing, 39(12), 2774–2790. https://doi.org/10.1108/JBIM-10-2023-0610
Comisión Económica para América Latina y el Caribe (CEPAL). (2023). Micro, pequeñas y medianas empresas (Mipymes). CEPAL. https://www.cepal.org/es/temas/micro-pequenas-medianas-empresas-mipyme
de-Oliveira, F., & Rodil-Marzábal, Ó. (2019). Structural characteristics and organizational determinants as obstacles to innovation in small developing countries. Technological Forecasting and Social Change, 140, 306-314. https://doi.org/10.1016/j.techfore.2018.12.021
Downs, S. H., & Black, N. (1998). The feasibility of creating a checklist for the assessment of the methodological quality both of randomised and non-randomised studies of health care interventions. Journal of Epidemiology & Community Health, 52(6), 377–384. https://doi.org/10.1136/jech.52.6.377
Escandón-Barbosa, D., & Ochoa, A. E. (2021). Success factors in the internalisation of export companies in Colombia. Economy of Regions, 17(2), 571-581. https://doi.org/10.17059/ekon.reg.2021-2-15
Farina, M. C. et al. (2019). Barriers that difficult the entrepreneurial action in the process of internationalization of cosmetic micro and small companies of the state of São Paulo. Lecture Notes in Electrical Engineering, 505, 905-911. https://doi.org/10.1007/978-3-319-91334-6_124
Figueroa, M. C. (2024). Managers’ environmental commitment towards the adoption of environmental strategies: Exporting Ecuadorian SMEs. European Public and Social Innovation Review, 9. https://doi.org/10.31637/epsir-2024-1946
Flores Ruiz, D., Núñez, L. A., & Pérez Arévalo, M. (2018). Strengthening MSMEs as a strategy for local development. The case of Quevedo. Ecuador [Fortalecimiento de las Mipymes como estrategia de desarrollo local. El caso de Quevedo, Ecuador]. Cuadernos Geograficos, 57(1), 239–258. https://doi.org/10.30827/cuadgeo.v57i1.5526
González, A. (2017). Leveraging trade facilitation reforms for increased SME competitiveness. In Small and Medium-Sized Enterprises in International Economic Law (pp. 38–60). https://doi.org/10.1093/acprof:oso/9780198795650.003.0004
Gutiérrez-Ponce, H. (2024). Determinants of corporate leverage and sustainability of small and medium-sized enterprises: The case of commercial companies in Ecuador. Business Strategy and the Environment, 33(8), 8319–8331. https://doi.org/10.1002/bse.3924
Hernández, R., Fernández Collado, C., & Baptista Lucio, P. (2014). Metodología de la investigación (6.ª ed.). McGraw-Hill.
Instituto Nacional de Estadística y Censos (INEC). (2023). Registro Estadístico de Empresas 2023. INEC. https://anda.inec.gob.ec/anda/index.php/catalog/1066/datafile/F11/V760
Kitchenham, B., & Charters, S. (2007). Guidelines for performing Systematic Literature Reviews in Software Engineering (EBSE 2007-001). Keele University and Durham University Joint Report. https://legacyfileshare.elsevier.com/promis_misc/525444systematicreviewsguide.pdf
London, K. (2010). Multi-market industrial organizational economic models for the internationalization process by small and medium enterprise construction design service firms. Architectural Engineering and Design Management, 6(2), 132–152. https://doi.org/10.3763/aedm.2009.0111
Luna, R. et al. (2021). Income, trajectory and access to financing of MSES in Ecuador: An empirical approach using discrete choice models. Academy of Entrepreneurship Journal, 27(SpecialIssue 4), 1-12.
Moher, D., Liberati, A., Tetzlaff, J., Altman, D. G., & The PRISMA Group. (2009). Preferred reporting items for systematic reviews and meta-analyses: The PRISMA statement. PLoS Medicine, 6(7), e1000097. https://doi.org/10.1371/journal.pmed.1000097
Morales-Molina, T., Silva-Ordóñez, C., Salazar-Mera, J., & Mora-Rosales, J. (2025). Obstacles that limit innovation in activities related to Ecuador’s productive sectors MSMEs. Communications in Computer and Information Science, 2347, 146–156. https://doi.org/10.1007/978-3-031-84078-4_11
Moreira-Choez, J. S. et al. (2024). Internationalization in higher education: Practices and processes of change between Ecuador and the Netherlands. Kasetsart Journal of Social Sciences, 45(2), 671-680. https://doi.org/10.34044/j.kjss.2024.45.2.34
Okoli, C., & Schabram, K. (2010). A guide to conducting a systematic literature review of information systems research. Working Papers on Information Systems, 10(26). https://doi.org/10.2139/ssrn.1954824
Salazar Vazquez, F. I. et al. (2024). Associativity and economic development of SMEs in Ecuador's tourism sector. Revista Venezolana de Gerencia, 29(107), 1159-1177. https://doi.org/10.52080/rvgluz.29.107.11
Saltos García, M. B. et al. (2020). Analysis of environmental risks in export businesses from the perspective of administrative sciences. Universidad y Sociedad, 12(1), 330-336.
Shea, B. J., Reeves, B. C., Wells, G., Thuku, M., Hamel, C., Moran, J., ... & Henry, D. A. (2017). AMSTAR 2: A critical appraisal tool for systematic reviews that include randomised or non-randomised studies of healthcare interventions, or both. BMJ, 358, j4008. https://doi.org/10.1136/bmj.j4008
Sumba-Bustamante, R. Y., Cantos-Figueroa, M. L., Santistevan-Villacreses, K. L., Soledispa-Rodríguez, X. E., Nieves-Lizárraga, D. O., Cervantes-Martínez, L., Ultreras-Rodríguez, A., Olguín-Martínez, C. M., Triana-Garcia, R. W., Delgado, D. R., Valencia-Ortiz, D., & Rincón-Guio, C. (2024). Strategic model for strengthening SMEs: An empirical study based on Porter’s five forces. Journal of Infrastructure, Policy and Development, 8(10), Article 6435. https://doi.org/10.24294/jipd.v8i10.6435
Uribe-Terán, C., Grijalva, D. F., & Gachet, I. (2025). The contractionary effects of protectionist trade policy. Review of World Economics. Advance online publication. https://doi.org/10.1007/s10290-025-00582-8
Useche-Aguirre, M. C. et al. (2021). Challenges of Ecuadorian entrepreneurship, transcending to post-pandemic times. Retos (Ecuador), 11(22), 265-280. https://doi.org/10.17163/ret.n22.2021.05
Valero Camino, M. I. (2024). Productivity and economic growth of manufacturing SMEs in an Ecuadorian locality [Productividad y crecimiento económico de las PYMES manufactureras en una localidad ecuatoriana]. Sapienza, 5(2), Article e24022. https://doi.org/10.51798/sijis.v5i2.749
Vera, F. C. G., & Sumba-Bustamante, R. Y. (2024). Business growth strategies for positioning: A microenterprise case study in Ecuador [Estrategias de crecimiento empresarial para el posicionamiento: estudio de un caso de microempresa en Ecuador]. Sapienza, 5(2), Article e24032. https://doi.org/10.51798/sijis.v5i2.759
Visser, E.-J., & De Langen, P. (2006). The importance and quality of governance in the Chilean wine industry. GeoJournal, 65(3), 177–197. https://doi.org/10.1007/s10708-006-0035-8
Wong, S. A. (2009). Productivity and trade openness in Ecuador's manufacturing industries. Journal of Business Research, 62(9), 868-875. https://doi.org/10.1016/j.jbusres.2008.10.009
Wresch, W., & Fraser, S. (2008). Managerial strategies used to overcome technological hurdles: A review of E-commerce efforts used by innovative Caribbean managers. In Handbook of Research on Information Management and the Global Landscape (pp. 147-163). https://doi.org/10.4018/978-1-60566-138-4.ch009
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Mario Tejeda-Aguilera, Lucía D. Loor-Bravo

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.









