Entrepreneurship as a Boost of Economic Growth in Mexico and Chile

Abstract

This chapter provides an overview of entrepreneurship in Latin America and indicates the relevance of this for economic development in Mexico and Chile. Through the literature review we explore first entrepreneurship and then the relationship between this and economic development, mainly in the developing countries. Therefore, the evolution of entrepreneurship in Latin America is analyzed and a comparative data drawn from Mexico and Chile presented. We made a specific analysis of the undertakings at the services sector, their initial stages, and their degrees of participation in early entrepreneurial activity. Finally, considering the importance of the Sustainable Development Goals developed by the United Nations, entrepreneurship as a trigger for social and economic impact in Mexico and Chile was also studied. This study summarizes the broad exploration of the importance of entrepreneurship in Latin America. It indicates how important it is to focus on the task of solving social and economic problems; exploratory, descriptive, and documentary researches have been utilized for this purpose.

Citation

Aguirre, M.C.D., Lagunas, E.A., Rodríguez, S.V.M. and Campbell, A.C. (2019), "Entrepreneurship as a Boost of Economic Growth in Mexico and Chile", Blanco-Jimenez, M. and Álvarez, J.C. (Ed.) Regional Integration in Latin America, Emerald Publishing Limited, Leeds, pp. 167-176. https://doi.org/10.1108/978-1-78973-159-020191012