Comparative Analysis of the Determinants of Entrepreneurial Activities in the Middle East and Latin America

Irery L. Melchor-Duran () and Allan Villegas-Mateos
Additional contact information
Irery L. Melchor-Duran: Escuela de Ciencias Económicas y Empresariales, Universidad Panamericana, Josemaría Escrivá de Balaguer 101, Aguascalientes 20296, Mexico
Allan Villegas-Mateos: HEC Paris, Wadi Msheireb Street -935, Building P08, Zone -03, Msheireb Downtown, Doha 247433, Qatar

World, 2024, vol. 5, issue 2, 1-19

Abstract: This study aims to contribute to advancing the understanding of entrepreneurial ecosystems, Latin American development, and the evolution and future perspectives of the Middle East. It used a cross-sectional research design and quantitative data with 750 observations from the Global Entrepreneurship Monitor, specifically the National Experts Survey and the Adult Population Survey. The results were analyzed by the Partial Least Squares Technique (PLS-SEM) by grouping countries into two balanced samples of underexplored regions: the Middle East and Latin America. The two regions, Latin America and the Middle East, have diverse entrepreneurial ecosystems; each condition impacts entrepreneurial activities in different ways. In Latin America, the most significant variable is “Physical Infrastructure”, while in the Middle East, the most significant determinants are “Commercial and Professional Infrastructure” and “Entrepreneurship Culture”. This study shows that to support entrepreneurial activities, each region requires different settings for their entrepreneurial ecosystems. It contributes to the literature on regional entrepreneurial ecosystems and to less explored regions to advance our understanding, which will drive better policies and actions.

Keywords: entrepreneurial ecosystem; emerging economies; Latin America; Middle East; Global Entrepreneurship Monitor (search for similar items in EconPapers)
JEL-codes: G15 G17 G18 L21 L22 L25 L26 Q42 Q43 Q47 Q48 R51 R52 R58 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2673-4060/5/2/10/pdf (application/pdf)
https://www.mdpi.com/2673-4060/5/2/10/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jworld:v:5:y:2024:i:2:p:10-191:d:1364761

Access Statistics for this article

World is currently edited by Ms. Cassie Hu

More articles in World from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().