This study analyzes the relationship between entrepreneurial dynamics in Latin-American countries and the level of competitiveness these countries show. Based on the research conducted by Wennekers et al. [Small Business Economics, 24(3):293-309, 2005] that demonstrates a U-shaped relationship between the country's rate of entrepreneurship and its level of competitiveness and economic development, we hypothesize that Latin-American countries have a descending behaviour under the U-shaped curve approach. The results from three regression models support this hypothesis and suggest that competitiveness and economic growth deter entrepreneurial dynamics on Latin-American countries. We discuss that Latin-American countries need to improve some structural factors to achieve a high level of entrepreneurial dynamics. © 2008 Springer Science + Business Media, LLC.
CITATION STYLE
Amorós, J. E., & Cristi, O. (2008). Longitudinal analysis of entrepreneurship and competitiveness dynamics in Latin America. International Entrepreneurship and Management Journal, 4(4), 381–399. https://doi.org/10.1007/s11365-008-0082-3
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