The paper analyzes the entrepreneurial potential of ten Latin American countries, based on data from the Global Entrepreneurship Monitor (GEM) collected in 2006. The Global Entrepreneurship Monitor research program seeks to identify differences in entrepreneurial activity and to evaluate the effect of creating new businesses on the economic growth of each country. Consequently, the authors introduce data provided by the GEM to develop a diagnosis on the entrepreneurial activity observed over recent years in the region.
The document is organized as follows. After a brief introduction, the second section analyzes the multilevel entrepreneurship model developed by the GEM, whilst chapter three outlines the investigation’s objectives. Meanwhile, the fourth section details the methodology introduced by the authors, whereas chapter five discusses the results obtained. Finally, chapter six concludes with some final remarks.
The authors conclude by arguing that over the past few years there has been a growing concern for designing new indicators for comparing entrepreneurship levels in various countries. The GEM not only facilitates the development of this type of analysis but also provides evidence on how various Latin American countries are not developing their entrepreneurial potential.