Venture capital and technology entrepreneurship in Latin America: A comparative approach

Guillermo Andrés Zapata-Huamaní, Sara Fernández-López

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review


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.

Original languageEnglish
Title of host publication Latin American and Iberian entrepreneurship
Subtitle of host publicationNew perspectives on ulture, traditions and heritage
Editors João Leitão, Vanessa Ratten, Vitor Braga
Place of PublicationCham
PublisherSpringer Science and Business Media Deutschland GmbH
Number of pages18
ISBN (Electronic)978-3-030-97699-6
ISBN (Print)978-3-030-97698-9
StatePublished - 2022
Externally publishedYes

Publication series

NameContributions to Management Science
ISSN (Print)1431-1941
ISSN (Electronic)2197-716X

Bibliographical note

Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.


  • Nascent entrepreneurship
  • New technology-based firms
  • Technological entrepreneurship
  • Venture capital


Dive into the research topics of 'Venture capital and technology entrepreneurship in Latin America: A comparative approach'. Together they form a unique fingerprint.

Cite this