Abstract
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 language | English |
|---|---|
| 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 |
| Pages | 9-26 |
| Number of pages | 18 |
| ISBN (Electronic) | 978-3-030-97699-6 |
| ISBN (Print) | 978-3-030-97698-9 |
| DOIs | |
| State | Published - 2022 |
| Externally published | Yes |
Publication series
| Name | Contributions 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.
Keywords
- Nascent entrepreneurship
- New technology-based firms
- Technological entrepreneurship
- Venture capital
