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Entrepreneurship in Latin America : A Step Up the Social Ladder?

This book looks at both the potential and limits of policies to promote entrepreneurship as an important vehicle for social mobility in Latin America and the Caribbean. Who are the region's entrepreneurs? They tend to be middle-aged males with secondary and, often, tertiary education who repre...

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Main Authors: Lora, Eduardo, Castellani, Francesca
Format: Online
Language:en_US
Published: Washington, DC: Inter-American Development Bank and the World Bank 2013
Subjects:
Online Access:https://hdl.handle.net/10986/16347
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author Lora, Eduardo
Castellani, Francesca
author2 Lora, Eduardo
author_facet Lora, Eduardo
Lora, Eduardo
Castellani, Francesca
author_sort Lora, Eduardo
collection Colección Libros - Series (activas)
description This book looks at both the potential and limits of policies to promote entrepreneurship as an important vehicle for social mobility in Latin America and the Caribbean. Who are the region's entrepreneurs? They tend to be middle-aged males with secondary and, often, tertiary education who represent only a small segment of the economically active population in the six countries considered in this book. They come from families in which a parent is, or was, an entrepreneur. In fact, a parent's occupation is more important in the decision to become an entrepreneur than a parent's wealth, income or education. Middle class entrepreneurship tends to dominate the sample in part since this is the majority class in society. However, as a percentage of each social class, entrepreneurship tends to be higher in the upper class, followed by the middle and lower class. Entrepreneurs concentrate in micro enterprises with fewer than five employees. They enjoy greater social mobility than employees and the self-employed, but this mobility is not always in the upward direction. Entrepreneurs face multiple obstacles including stifling bureaucracy, burdensome tax procedures, and lack of financing, human capital, technological skills, and supportive networks. The support of family and friends and a modicum of social capital help cope with these obstacles to entrepreneurship.
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spelling wb-10986-163472025-08-28T13:37:13Z Entrepreneurship in Latin America : A Step Up the Social Ladder? Lora, Eduardo Castellani, Francesca Lora, Eduardo Castellani, Francesca entrepreneurship intra-generational mobility middle class social mobility This book looks at both the potential and limits of policies to promote entrepreneurship as an important vehicle for social mobility in Latin America and the Caribbean. Who are the region's entrepreneurs? They tend to be middle-aged males with secondary and, often, tertiary education who represent only a small segment of the economically active population in the six countries considered in this book. They come from families in which a parent is, or was, an entrepreneur. In fact, a parent's occupation is more important in the decision to become an entrepreneur than a parent's wealth, income or education. Middle class entrepreneurship tends to dominate the sample in part since this is the majority class in society. However, as a percentage of each social class, entrepreneurship tends to be higher in the upper class, followed by the middle and lower class. Entrepreneurs concentrate in micro enterprises with fewer than five employees. They enjoy greater social mobility than employees and the self-employed, but this mobility is not always in the upward direction. Entrepreneurs face multiple obstacles including stifling bureaucracy, burdensome tax procedures, and lack of financing, human capital, technological skills, and supportive networks. The support of family and friends and a modicum of social capital help cope with these obstacles to entrepreneurship. 2013-12-03T22:32:03Z 2013-12-03T22:32:03Z 2014 978-1-4648-0008-5 10.1596/978-1-4648-0008-5 https://hdl.handle.net/10986/16347 10.1596/978-1-4648-0008-5 en_US Latin American Development Forum; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo Inter-American Development Bank application/pdf Washington, DC: Inter-American Development Bank and the World Bank
spellingShingle entrepreneurship
intra-generational mobility
middle class
social mobility
Lora, Eduardo
Castellani, Francesca
Entrepreneurship in Latin America : A Step Up the Social Ladder?
title Entrepreneurship in Latin America : A Step Up the Social Ladder?
title_full Entrepreneurship in Latin America : A Step Up the Social Ladder?
title_fullStr Entrepreneurship in Latin America : A Step Up the Social Ladder?
title_full_unstemmed Entrepreneurship in Latin America : A Step Up the Social Ladder?
title_short Entrepreneurship in Latin America : A Step Up the Social Ladder?
title_sort entrepreneurship in latin america a step up the social ladder
topic entrepreneurship
intra-generational mobility
middle class
social mobility
url https://hdl.handle.net/10986/16347
work_keys_str_mv AT loraeduardo entrepreneurshipinlatinamericaastepupthesocialladder
AT castellanifrancesca entrepreneurshipinlatinamericaastepupthesocialladder