Structural Relationship between Knowledge Management and the Growth of the Activity in the Galician SMEs with Greater Strategic Focus on Innovation

The aim is to obtain a set of variables which report about knowledge management and intangible in the innovative SMEs in Galicia. This is a first approach to a model of structural relationships between both and the growth of the activity of the SMEs with greater focus on innovation. Several authors have pointed out the importance of knowledge and innovation as basic factors of competitiveness. Other authors have studied the relationships between some elements of intellectual capital and business performance. Through the literature review done, a set of relationships has been developed and contrasted in 163 SMEs. Must be stressed the importance of the structural capital (SC) in the internal management of innovation in SMEs. Furthermore, the growth of their activity can be explained mainly by SC. Human Capital influences the growth rate indirectly, especially through the structural capital and, to a lesser extent, through the relational capital