A01=Daniel Lederman
A01=Jamele Rigolini
A01=Julian Messina
A01=Samuel Pienknagura
Author_Daniel Lederman
Author_Jamele Rigolini
Author_Julian Messina
Author_Samuel Pienknagura
Category=KJH
entrepreneurship
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_nobargain
eq_non-fiction
export dynamics
firm dynamics
firm entry
growth
informality
innovation
multinational corporations
research and development
Product details
- ISBN 9781464800122
- Weight: 504g
- Dimensions: 203 x 264mm
- Publication Date: 13 Dec 2013
- Publisher: World Bank Publications
- Publication City/Country: US
- Product Form: Paperback
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Entrepreneurship—manifested in the entry of new firms or products into new markets, or substantial improvements in technological capacity or process innovation by incumbent firms—is widely considered to be an important ingredient for long term economic development. Entrepreneurship in Latin America and the Caribbean argues that entrepreneurship is also a source of employment generation, export growth, and resilience during economic downturns.
Although the conventional wisdom suggests that Latin American and Caribbean countries underperform relative to China and other emerging markets in terms of its entrepreneurial dynamism, this report provides evidence suggesting that the region is characterised by substantial entrepreneurship. The main challenge in the region is not a lack of entrepreneurs, but rather their relatively low level of innovation and the slow growth of incumbent firms. The report discusses the nature of new entrants into markets and the factors that might help stimulate private-sector innovation after firms have survived the initial test of market competition.
Although the conventional wisdom suggests that Latin American and Caribbean countries underperform relative to China and other emerging markets in terms of its entrepreneurial dynamism, this report provides evidence suggesting that the region is characterised by substantial entrepreneurship. The main challenge in the region is not a lack of entrepreneurs, but rather their relatively low level of innovation and the slow growth of incumbent firms. The report discusses the nature of new entrants into markets and the factors that might help stimulate private-sector innovation after firms have survived the initial test of market competition.
