Analysis of the Brazilian Entrepreneurial Ecosystem

Eduardo Avancci Dionisio,Edmundo Inácio Júnior,Cristiano Morini,Fernando Antonio Prado Gimenez,Erkko Autio

doi:10.21527/2237-6453.2016.37.5-36

Abstract

The objective of this study was to analyze the Brazilian entrepreneurial ecosystem in the light of the National System of Entrepreneurship - NSE theory, through the implementation of the Global Entrepreneurship Index methodology - GEI. The study indicates that Brazil has low quality average institutional interaction. However, social context is the main bottleneck in the national entrepreneurial ecosystem. Differences between the performance quality of the institutional framework and social factors promote entrepreneurship low socioeconomic impact. The results of the article show that the Brazilian entrepreneurial ecosystem presents low internationalization of companies, innovation in products and processes, formation of human capital and high-growth enterprises. The results of the article provide insights for decision makers on the factors that determine the opening of new businesses.

Highlights

The objective of this study was to analyze the Brazilian entrepreneurial ecosystem in the light of the National System of Entrepreneurship – NSE theory, through the implementation of the Global Entrepreneurship Index methodology – GEI
In which entrepreneurship is acquiring greater importance (ORGANISATION..., 2011), due to its role as a vector of development and recovery from economic shocks and generating jobs, the need for analytical assessment tools development and monitoring has increased, with the aim of creating a set of information that can support decision-makers in developing more efficient and effective policies in the future and deliver accountability of the effects of policies implemented in the past (SHANE, 2009)
The report dealt with the G-7 countries and in its last 2014 survey, there were 73 countries, which together account for 72.4% of the world population and 90% of world GDP (SINGER; AMORÓS; MOSKA, 2015).The research concluded that the main action of a government to promote economic growth is to stimulate and support entrepreneurship, which should be a top priority of public policies, making the big difference to economic prosperity, since a country with low rates of business creation is at risk of economic stagnation

Summary

Introduction

The objective of this study was to analyze the Brazilian entrepreneurial ecosystem in the light of the National System of Entrepreneurship – NSE theory, through the implementation of the Global Entrepreneurship Index methodology – GEI. Entrepreneurship is closely related to innovation that is increasingly seen as the key factor for competitiveness of a country, both nationally and internationally, and it needs to be part of the competitive strategy of companies Among the arguments, those related to resilience can be mentioned, as innovative companies recover more quickly from economic downturns (WYMENGA et al, 2011) and related to the results of entrepreneurial action which, among others, creating companies that generate value is expected; the value measured, for example, by generating a higher organizational performance, by the creation of new skilled job posts and well paid, or by the introduction of new production processes less aggressive to the environment (KURATKO; HODGETTS, 2001; SCHUMPETER, 2011 [1934]). The report dealt with the G-7 countries and in its last 2014 survey, there were 73 countries, which together account for 72.4% of the world population and 90% of world GDP (SINGER; AMORÓS; MOSKA, 2015).The research concluded that the main action of a government to promote economic growth is to stimulate and support entrepreneurship, which should be a top priority of public policies, making the big difference to economic prosperity, since a country with low rates of business creation is at risk of economic stagnation

Objectives

Methods

Results