Tuesday, January 07, 2014

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[IWS] World Bank: LATIN AMERICAN ENTREPRENEURS: MANY FIRMS BUT LITTLE INNOVATION [January 2014]

IWS Documented News Service

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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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World Bank

 

Latin American Entrepreneurs : Many Firms but Little Innovation [January 2014]

by Lederman, Daniel; Messina, Julián; Pienknagura, Samuel; Rigolini, Jamele

https://openknowledge.worldbank.org/handle/10986/16457

or

https://openknowledge.worldbank.org/bitstream/handle/10986/16457/9781464800122.pdf?sequence=3

[full-text, 171 pages]

 

Entrepreneurship is a fundamental driver of growth, development, and job creation. While Latin America and the Caribbean has a wealth of entrepreneurs, firms in the region, compared to those in other regions, are small in size and less likely to grow or innovate. Productivity growth has remained lackluster for decades, including during the recent commodity boom. Enhancing the creation of good jobs and accelerating productivity growth in the region will require dynamic entrepreneurs. Latin American Entrepreneurs: Many Firms but Little Innovation studies the landscape of entrepreneurship in Latin America and the Caribbean. Utilizing new datasets that cover issues such as firm creation, firm dynamics, export decisions, and the behavior of multinational corporations, the book synthesizes the results of a comprehensive analysis of the status, prospects, and challenges of entrepreneurship in the region. Useful tools and information are provided to help policy makers and practitioners identify policy areas governments can explore to enhance innovation and encourage high-growth, transformational entrepreneurship.

 

 

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