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Latin American Entrepreneurs : Many Firms but Little Innovation
[El emprendimiento en América Latina : muchas empresas y poca innovación]

Author

Listed:
  • Daniel Lederman
  • Julián Messina
  • Samuel Pienknagura
  • Jamele Rigolini

Abstract

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.

Suggested Citation

  • Daniel Lederman & Julián Messina & Samuel Pienknagura & Jamele Rigolini, 2014. "Latin American Entrepreneurs : Many Firms but Little Innovation [El emprendimiento en América Latina : muchas empresas y poca innovación]," World Bank Publications - Books, The World Bank Group, number 16457, April.
    • Handle: RePEc:wbk:wbpubs:16457
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    References listed on IDEAS

    as
    1. Francisco Alcalá & Antonio Ciccone, 2003. "Trade and Productivity," Working Papers 12, Barcelona School of Economics.
    2. Ian Walker & Cristian Aedo, 2012. "Skills for the 21st Century in Latin America and the Caribbean," World Bank Publications - Books, The World Bank Group, number 2236, April.
    3. Andrew K. Rose, 2004. "Do We Really Know That the WTO Increases Trade?," American Economic Review, American Economic Association, vol. 94(1), pages 98-114, March.
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