This paper analyzes the innovativeness of Colombian SMEs based on a review of the research conducted in the country. This research, of mostly empirical order, describes situations and realities of managing this type of company, which for the past few years have faced economic changes of global order, revealing some shortcomings regarding their productivity and competitiveness. The analysis confirms the low innovativeness of SMEs as a critical feature pointed out by Conpes Document 3484 of 2007, highlighting it as one of the most significant difficulties of these companies. The resource-based theory was adopted as the conceptual base to identify the variables of analysis of innovation management in organizations. The latter is based on the Organizational Congruence Model by Nadler and Tushman. Finally, a reflection is made on the imminent need to enhance all aspects of the informal organization and its effects on innovativeness.