Analysis of the Brazilian Entrepreneurial Ecosystem

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.