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Entrepreneurial Ecosystems in South American Most Prosperous Countries: National and Regional Level Perspectives

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Listed:
  • Evelyn Calispa

    (Faculty of Business and Economics, University of Pécs, 7622 Pécs, Hungary)

  • Marcelo Calispa Aguilar

    (Faculty of Mechanical Engineering, Escuela Superior Politecnica de Chimborazo (ESPOCH), Riobamba 060155, Ecuador)

  • Carlos Serrano Aguiar

    (Faculty of Mechanical Engineering, Escuela Superior Politecnica de Chimborazo (ESPOCH), Riobamba 060155, Ecuador)

  • Edwin Pozo Safla

    (Faculty of Mechanical Engineering, Escuela Superior Politecnica de Chimborazo (ESPOCH), Riobamba 060155, Ecuador)

  • Mónica Moreno Barriga

    (Faculty of Mechanical Engineering, Escuela Superior Politecnica de Chimborazo (ESPOCH), Riobamba 060155, Ecuador)

  • Eduardo García Cabezas

    (Faculty of Mechanical Engineering, Escuela Superior Politecnica de Chimborazo (ESPOCH), Riobamba 060155, Ecuador)

  • Juan Cayán Martínez

    (Faculty of Mechanical Engineering, Escuela Superior Politecnica de Chimborazo (ESPOCH), Riobamba 060155, Ecuador)

Abstract

This paper aims to characterise the Entrepreneurial Ecosystems (EE) at the national and regional (subnational) level in Chile, Argentina, and Uruguay employing relevant scientific literature and the latest available data from two well-known entrepreneurial ecosystem indices. Our results show that overall, Chile offers the best national-level ecosystem conditions for productive entrepreneurship among the selected countries. Uruguay and Argentina perform relatively lower than Chile, but they still show potential for improvement by addressing their key system bottlenecks. Moreover, data at the regional level shows that the performance of subnational ecosystems within each country is not homogeneous and regional ecosystems have specific combinations of strengths and weaknesses. Therefore, in a way, these findings confirm the relevance of regional perspectives for research in EE. The data synthesised in this study may be of assistance to researchers interested in understanding entrepreneurship in South American countries and for local policymakers aiming to design context-sensitive entrepreneurship policies.

Suggested Citation

  • Evelyn Calispa & Marcelo Calispa Aguilar & Carlos Serrano Aguiar & Edwin Pozo Safla & Mónica Moreno Barriga & Eduardo García Cabezas & Juan Cayán Martínez, 2023. "Entrepreneurial Ecosystems in South American Most Prosperous Countries: National and Regional Level Perspectives," Economies, MDPI, vol. 11(3), pages 1-17, March.
  • Handle: RePEc:gam:jecomi:v:11:y:2023:i:3:p:84-:d:1089111
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    References listed on IDEAS

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    1. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "The Global Entrepreneurship and Development Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2018, chapter 0, pages 21-37, Springer.
    2. David B. Audretsch & Oliver Falck & Maryann P. Feldman & Stephan Heblich, 2012. "Local Entrepreneurship in Context," Regional Studies, Taylor & Francis Journals, vol. 46(3), pages 379-389, April.
    3. Pamela Mueller, 2007. "Exploiting Entrepreneurial Opportunities: The Impact of Entrepreneurship on Growth," Small Business Economics, Springer, vol. 28(4), pages 355-362, April.
    4. Daniel Bukstein & Elisa Hernández & Ximena Usher, 2018. "Impacto de los instrumentos de promoción de la innovación orientada al sector productivo: El caso de ANII en Uruguay," Estudios de Economia, University of Chile, Department of Economics, vol. 45(2), pages 271-299, December.
    5. Nadim Ahmad & Richard G. Seymour, 2008. "Defining Entrepreneurial Activity: Definitions Supporting Frameworks for Data Collection," OECD Statistics Working Papers 2008/1, OECD Publishing.
    6. Paul Nightingale & Alex Coad, 2014. "Muppets and gazelles: political and methodological biases in entrepreneurship research," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(1), pages 113-143, February.
    7. Erik Stam & Andrew Ven, 2021. "Entrepreneurial ecosystem elements," Small Business Economics, Springer, vol. 56(2), pages 809-832, February.
    8. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "Global Entrepreneurship and Development Index 2018," SpringerBriefs in Economics, Springer, number 978-3-030-03279-1, October.
    9. Claudia Espinoza & Cristian Mardones & Katia Sáez & Pablo Catalán, 2019. "Entrepreneurship and regional dynamics: the case of Chile," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(9-10), pages 755-767, October.
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