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FUZZY ECONOMIC REVIEW

ISSN (print) 1136-0593 · ISSN (online) 2445-4192

FORGOTTEN EFFECTS AND THEIR APPLICATION IN THE DEVELOPMENT OF THE MICHOACAN MSMEs

Beatriz Flores Romero. Universidad Michoacana de San Nicolás de Hidalgo, Instituto Iberoamericano de Desarrollo Empresarial (INIDEM), México. Email: betyf@umich.mx

Federico González Santoyo. Universidad Michoacana de San Nicolás de Hidalgo, Instituto Iberoamericano de Desarrollo Empresarial (INIDEM), México. Email: fegosa@inidem.edu.mx

Abstract

For attaining an entrepreneurial development of Mexico, particularly in the state of Michoacán, it is of the utmost importance to know what are the factors and elements that influence in a relevant way to generate a regional, national and international development and the positioning of the MIPYMEs (micro, small and medium enterprises, declared as -MSMEs) in the market. For this reason, in the present work, a study that incorporates the Forgotten Effects Theory (FET) is made. This theory, originally proposed by professors Kaufmann and Gil-Aluja in 1988, studies the sustainability and the good economic development of the enterprise and thus, finds all those factors that employing the classical theory are not possible to know precisely. Once determined with the FET it is possible to design more efficient and effective development plans, which will enable the sustainability of the enterprise and self-sustained development of regions and countries based on entrepreneurial development.

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