On Thursday, 1st May, 5pm Daniel Ortega, Senior Research Economist, CAF Development Bank of Latin America Presented the CAF 2013 Report “Enhancing Productivity in Latin America: from Subsistence to Transformational Entrepreneurship”.
The CAF Economics and Development Report 2013 emphasizes the role of entrepreneurship as a key factor to Latin America’s development. It does so in a comprehensive way, reviewing not only the impediments for innovative entrepreneurs to realize their projects, but also the reasons why entrepreneurs with less potential opt for entrepreneurial activities instead of a salaried job. One of the report’s main messages is that these two phenomena –constrained growth for dynamic companies and abundance of subsistence entrepreneurs—are closely linked. Recognizing this link is crucial to design entrepreneurship policies which need to adopt a multidimensional approach, integrating things like entrepreneurial talent, innovation fostering, access to finance, and labor training.