IDEAS home Printed from https://ideas.repec.org/a/lrc/larjob/v1y2016i1p1-11.html
   My bibliography  Save this article

Productive Matrix Change in Ecuador and the Petroleum Crisis. Case Study: Entrepreneurs and Productive Associations

Author

Listed:
  • Jhonny Villafuerte

    (Faculty of Education, University Laica Eloy Alfaro de Manabí, Ecuador)

  • Eder Intriago

    (Faculty of Education, University Laica Eloy Alfaro de Manabí, Ecuador)

Abstract

The worldwide oil prices reduction from USD 109,45 in 2012 to USD 26,5 in 2016 (OPEC, 2016) threatens economic crisis in those countries, whose economies are still directly dependent on the exploitation and exportation of oil, as is the case of Ecuador in South America. This paper aims to describe the public politics set as contingency measures in the social economy sector, taken to adjust to the economic impact that can be foreseen. In this document, we refer to the 2013-2017’s objectives of the Ecuadorian development national plan: 8, 9, 10 and 11th, and present an analysis of interviews applied to entrepreneurs and community association leaders, in connection with the national productive matrix change implications. This study describes also, the productive settings that urban entrepreneurs and farmers' associations implement in 2 geographical zones (Manabí and Esmeraldas) on the Ecuadorian coast, which has agricultural, tourist and fishing potentialities. The results of this work, ratify that "productive associations" set of strategies for the social capital development in an organized group (Moran, 2010) and the theories of economy development of Basu, (2000) and Moon, (2014). We also consider that the productive matrix change process in Ecuador requests of urgently relevant adjustment in the producers’ profiles such as: the strengthening of ICT usage, and the addition of the sustainability vision in their new productive projects.

Suggested Citation

  • Jhonny Villafuerte & Eder Intriago, 2016. "Productive Matrix Change in Ecuador and the Petroleum Crisis. Case Study: Entrepreneurs and Productive Associations," Journal of Business, LAR Center Press, vol. 1(1), pages 1-11, March.
    • Handle: RePEc:lrc:larjob:v:1:y:2016:i:1:p:1-11
    as

    Download full text from publisher

    File URL: http://www.journalofbusiness.us/index.php/site/article/view/18/4
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sjoerd Beugelsdijk & Niels Noorderhaven, 2005. "Personality Characteristics of Self-Employed; An Empirical Study," Small Business Economics, Springer, vol. 24(2), pages 159-167, March.
    2. Blanchflower, D. & Oswald, A., 1990. "What Makes A Young Entrepreneur?," Papers 373, London School of Economics - Centre for Labour Economics.
    3. Berenger, Valerie & Verdier-Chouchane, Audrey, 2007. "Multidimensional Measures of Well-Being: Standard of Living and Quality of Life Across Countries," World Development, Elsevier, vol. 35(7), pages 1259-1276, July.
    4. Blanchflower, David G & Meyer, Bruce D, 1994. "A Longitudinal Analysis of the Young Self-Employed in Australia and the United States," Small Business Economics, Springer, vol. 6(1), pages 1-19, February.
    5. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zoltan J. Acs & Monika I. Megyesi, 2009. "Creativity and industrial cities: A case study of Baltimore," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 21(4), pages 421-439, July.
    2. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
    3. Roy Thurik & Isabel Grilo, 2005. "Latent and actual entrepreneurship in Europe and the US: some recent developments," Papers on Entrepreneurship, Growth and Public Policy 2005-24, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    4. André van Stel & Roy Thurik & Sander Wennekers & Niels Noorderhaven, 2004. "The role of dissatisfaction and per capita income in explaining self-employment across 15 European countries," Scales Research Reports N200407, EIM Business and Policy Research.
    5. Ewa, Lechman, 2012. "Social development – a multidimensional approach to social development analysis. Country level evidence for year 2011," MPRA Paper 41812, University Library of Munich, Germany.
    6. Klaesson, Johan & Larsson, Johan P, 2014. "Education and Self-employment Propensity," Working Paper Series in Economics and Institutions of Innovation 345, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    7. James Liang & Hui Wang & Edward P. Lazear, 2018. "Demographics and Entrepreneurship," Journal of Political Economy, University of Chicago Press, vol. 126(S1), pages 140-196.
    8. Torres M., Marcela & Ramos R., José L. & Galvis M., Moisés M. & Ramos C, José L. & Biswell J., Juan E, 2021. "Determinantes del emprendimiento juvenil en Colombia: un análisis desde la nueva economía institucional || Determinants of youth entrepreneurship in Colombia: an analysis from the new institutional ec," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 32(1), pages 300-323, December.
    9. Ann L. Owen & Julio Videras, 2016. "Classifying Human Development with Latent Class Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(3), pages 959-981, July.
    10. Kim, GiSeung, 2007. "The analysis of self-employment levels over the life-cycle," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(3), pages 397-410, July.
    11. David Audretsch & Marco Vivarelli, 1996. "Determinants of new-firm startups in Italy," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 23(1), pages 91-105, February.
    12. Lukas Matejovsky & Sandeep Mohapatra & Bodo Steiner, 2014. "The Dynamic Effects of Entrepreneurship on Regional Economic Growth: Evidence from Canada," Growth and Change, Wiley Blackwell, vol. 45(4), pages 611-639, December.
    13. Zoltan J. Acs & Catherine Armington, 2004. "New Firm Survival and Human Capital," Papers on Entrepreneurship, Growth and Public Policy 2004-14, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    14. Sutter, Ryan, 2008. "The Existence of Positive Psychological Environments and Their Impact on Regional Entrepreneurship," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 38(3), pages 1-14.
    15. Daniel Ştefan Armeanu & Georgeta Vintilă & Ştefan Cristian Gherghina, 2017. "Empirical Study towards the Drivers of Sustainable Economic Growth in EU-28 Countries," Sustainability, MDPI, vol. 10(1), pages 1-22, December.
    16. Sergey BLINOV, 2017. "Inflation and economic growth," Journal of Economics Library, KSP Journals, vol. 4(3), pages 345-358, September.
    17. Rao, B. Bhaskara, 2010. "Estimates of the steady state growth rates for selected Asian countries with an extended Solow model," Economic Modelling, Elsevier, vol. 27(1), pages 46-53, January.
    18. Jung-Suk Yu & M. Kabir Hassan & Abdullah Mamun & Abul Hassan, 2014. "Financial Sectors Reform and Economic Growth in Morocco: An Empirical Analysis," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 13(1), pages 69-102, April.
    19. Prof. Dr. Adem KALCA & Resc. Assist. Atakan DURMAZ, 2012. "Diaspora As The Instrument Of Humane Capital," International Journal of Business and Social Research, LAR Center Press, vol. 2(5), pages 94-104, October.
    20. repec:zbw:rwidps:0030 is not listed on IDEAS
    21. Nicolai J. Foss, 2012. "Linking Ethics and Economic Growth: a Comment on Hunt," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 6(3), September.

    More about this item

    Keywords

    Economy crisis; Leadership strengthen; Productive systems; ICT usage; Entrepreneurs.;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lrc:larjob:v:1:y:2016:i:1:p:1-11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: R Martin (email available below). General contact details of provider: http://www.journalofbusiness.us .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.