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This paper departs from the traditional analysis of the effects of risk aversion in entrepreneurship to study the determinants of entrepreneurial risk aversion in developing a new venture and becoming an entrepreneur. We took fear of failing as a proxy for risk aversion and applied our analysis t...


This document analyzes the perception of small innovative enterprises (SIE) in Latin America towards the effectiveness of the legal protection of intellectual property rights (IPR). To analyze the costs of using IPR, we surveyed 352 SIEs from Chile, Colombia, Costa Rica, Ecuador, Mexico, and Peru...


Entrepreneurship has been associated with three categories of factors: (1) macroeconomic factors, such as unemployment and income; (2) factors related to government institutions, such as corruption and political stability; and (3) competitiveness-related factors, such as the capacity for innovati...


Scholars have articulated a number of arguments regarding the beneficial effects of opportunity-motivated (as opposed to necessity-driven) entrepreneurs, and this study delves somewhat deeper into this topic. First, this study uses the expectation of job creation over five years as a metric to me...


Purpose: This study explores the funding opportunities for women start-up founders who have received support from the Chilean government agency accelerator Start-Up Chile. It examines the role of gender in Latin American women founders at the stage when they are raising funds and equity capital. ...


Statistical tests on a panel of data from 54 countries over the 2004–2009 period support the proposition that high income inequality and entrepreneurial activity share a positive linear relationship. In a novel approach, the dependent variable is defined from two independent and uncorrelated pers...


Este trabajo examina el concepto de emprendimiento y su relación con el desarrollo económico a la luz de la literatura académica, el Global Entrepreneurship Monitor y otros índices internacionales. El análisis subraya las diferencias entre el emprendimiento por oportunidad, que conduce al desarro...


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