Monday, December 22, 2014



IWS Documented News Service


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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Inter-American Development Bank (IADB)



by Aboal, Diego; Veneri, Federico


[full-text, 31 pages]


This technical note uses data from a new survey that collected information on entrepreneurs and their businesses in nine Latin American countries, with the objective of determining the relevant characteristics that define the different types of Latin American entrepreneurs. In particular, it analyzes personality traits and socio-demographic attributes. The results show that different types of entrepreneurs are associated with different personality traits and socio-demographic characteristics. The typical Latin American entrepreneur-employer has the following measured characteristics considered "above the mean": male, history of parent-entrepreneurs, financial access, and some specific personality traits (i.e., achievement-oriented, multitaskers, show a high tolerance for risk, and the need for autonomy). Potential entrepreneurs and self-employed individuals have some different characteristics. When countries are analyzed separately, heterogeneities are found, showing indirect evidence of the relevance of political-institutional, sociocultural, and other environment-related factors as determinants of entrepreneurship.



This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.










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