The purpose of this chapter is to investigate whether the venture capital (VC) availability influences the technology entrepreneurship (TE) in Latin America by adopting a comparative approach with high-income economies. By applying panel data methodology in a sample of 21 Latin American countries over the period 2006–2017, we find a positive effect of VC availability on the TE only in the sample of Latin American countries. This result contrasts with that obtained for the sample of high-income countries, where no significance is found. Based on the findings, we propose some policies to improve the entrepreneurial ecosystems of Latin American countries.
|Title of host publication||Latin American and Iberian entrepreneurship|
|Subtitle of host publication||New perspectives on ulture, traditions and heritage|
|Editors||João Leitão, Vanessa Ratten, Vitor Braga|
|Place of Publication||Cham|
|Publisher||Springer Science and Business Media Deutschland GmbH|
|Number of pages||18|
|State||Published - 2022|
|Name||Contributions to Management Science|
Bibliographical notePublisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
- Nascent entrepreneurship
- New technology-based firms
- Technological entrepreneurship
- Venture capital