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El impacto del Programa de Capital Semilla del Sercotec en Chile

  • Claudio A. Bonilla
  • Christian A. Cancino

Este trabajo busca medir el impacto del Programa de Capital Semilla del Servicio de Cooperación Técnica (Sercotec) en las empresas de menor tamaño en Chile. Los resultados son mixtos. Por un lado el impacto en las ventas aparece con signo positivo pero la significancia estadística depende del modelo utilizado. Respecto del número de empleados sí se encuentran resultados positivos y estadísticamente significativos cualquiera sea el modelo utilizado. Los resultados también muestran que el haber pasado por el programa no tiene incidencia en la probabilidad de conseguir financiamiento posterior. Este análisis resalta la importancia de poder diferenciar los programas de fomento productivo de los programas de carácter social. Además, se presentan sugerencias de mejoras en la política pública de fomento al emprendimiento de las pequeñas empresas en Chile. Estas sugerencias pueden ser interesantes también para otros países de la región que enfrentan desafíos parecidos en términos del fomento productivo al emprendimiento privado como mecanismo para generar desarrollo económico.

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Paper provided by Inter-American Development Bank in its series IDB Publications (Working Papers) with number 53658.

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Date of creation: Oct 2001
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Handle: RePEc:idb:brikps:53658
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  1. Elias G. Carayannis & Aris Kaloudis & åge Mariussen, 2008. "Introduction," Chapters, in: Diversity in the Knowledge Economy and Society, chapter 1 Edward Elgar.
  2. Carol Graham, 2005. "Insights on Development from the Economics of Happiness," World Bank Research Observer, World Bank Group, vol. 20(2), pages 201-231.
  3. Roberto Álvarez E. & Gustavo Crespi T., 2000. "Exporter performance and promotion instruments: Chilean empirical evidence," Estudios de Economia, University of Chile, Department of Economics, vol. 27(2 Year 20), pages 225-241, December.
  4. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
  5. de Bettignies, Jean-Etienne & Brander, James A., 2007. "Financing entrepreneurship: Bank finance versus venture capital," Journal of Business Venturing, Elsevier, vol. 22(6), pages 808-832, November.
  6. Jose Miguel Benavente & Gustavo Crespi, 2003. "The Impact of an Associative Strategy (the PROFO Program) on Small and Medium Enterprises in Chile," SPRU Working Paper Series 88, SPRU - Science and Technology Policy Research, University of Sussex.
  7. Tan, Hong & Lopez Acevedo, Gladys, 2005. "Evaluating training programs for small and medium enterprises : lessons from Mexico," Policy Research Working Paper Series 3760, The World Bank.
  8. Blanchflower, D.G. & Oswald, A., 1991. "What Makes an Entrepreneur?," Economics Series Working Papers 99125, University of Oxford, Department of Economics.
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