ENTREPRENEURSHIP AND COMPETITIVENESS IN ECUADOR, ACTIVIDAD EMPRENDEDORA Y COMPETITIVIDAD EN EL ECUADOR

Betzabe del Rosario Maldonado Mera, Giovanna Josefina Lara Burbano and Azucena Maribel Maya Carrillo

Revista Global de Negocios, 2018, vol. 6, issue 1, 29-44

Abstract: The study was based on a descriptive and correlational analysis of early entrepreneurial activity and the competitiveness index in Ecuador for the period 2009-2014. The objective is to identify the contribution of this activity in factors which contribute to competitiveness global index. The entrepreneurial activity in Ecuador registers, for this period, the highest levels of the entire Region. Notwithstanding this fact, entrepreneurships are motivated by necessity, with slight changes towards opportunity. The competitiveness index in Ecuador has progressed rapidly. Nevertheless, it remains an economy based on efficiency, not innovation. The results show that behavior of entrepreneurial activity in Ecuador can be explained by the observed progress in the levels of competitiveness. The correlation is direct and significant. However, this behavior is usually characteristic in uncompetitive economies. This suggests the necessity to formulate policies and strategies that, from a holistic perspective, lead to a sustained improvement of innovation factors that impact competitiveness

Keywords: Entrepreneurship; Competitiveness; Innovation (search for similar items in EconPapers)
JEL-codes: L2 L26 M1 M13 O32 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:rgnego:v:6:y:2018:i:1:p:29-44

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