Identifying the Obstacles to High-Impact Entrepreneurship in Latin America and the Caribbean

48 Pages Posted: 7 Dec 2014

See all articles by Zoltan J. Acs

Zoltan J. Acs

Schar School of Policy and Government

Paulo Guilherme Correa

World Bank

Date Written: December 5, 2014

Abstract

High-impact companies are a very important source of economic and job growth. Identifying the drivers and barriers behind their development is key to developing a sound supporting policy framework. The Global Entrepreneurship and Development Index (GEDI) can interpret and measure entrepreneurial capacity as a systemic phenomenon. For that reason it provides a powerful means of assessing regional entrepreneurial performance. This paper begins by analyzing GEDI results in order to draw a picture of how well entrepreneurship systems perform in Latin America and the Caribbean. The lessons drawn from this analysis are deepened through the qualitative analysis of nine case studies on the creation and development of successful high-impact companies in the region.

Keywords: Latin America; High-impact firms; GEDI; GEM; Entrepreneurship

JEL Classification: J24; L26; M13; O3

Suggested Citation

Acs, Zoltan J. and Correa, Paulo Guilherme, Identifying the Obstacles to High-Impact Entrepreneurship in Latin America and the Caribbean (December 5, 2014). GMU School of Public Policy Research Paper No. 5, Available at SSRN: https://ssrn.com/abstract=2534412 or http://dx.doi.org/10.2139/ssrn.2534412

Zoltan J. Acs (Contact Author)

Schar School of Policy and Government ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
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703-993-1780 (Phone)

HOME PAGE: http://home.ubalt.edu/zacs

Paulo Guilherme Correa

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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