Latin American Entrepreneurs: Many Firms But Little Innovation

Latin American Entrepreneurs: Many Firms But Little Innovation
ISBN-10
146480012X
ISBN-13
9781464800122
Category
Business & Economics
Pages
151
Language
English
Published
2013-12-13
Publisher
World Bank Publications
Authors
Julián Messina, Daniel Lederman, Samuel Pienknagura

Description

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. This report 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, t.

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