Globalization poses the imperative for firms to link with other actors and find new ways to interact and learn from the relationship. Employing original empirical evidence and featuring new case studies from Brazil, Chile, Mexico, and Nicaragua, Upgrading to Compete shows that the form of...

This publication analyzes the profile of entrepreneurs and how they create high-growth businesses in 13 countries in Latin America, East Asia and southern Europe. It also offers case studies of entrepreneurship development policies and programs in the Americas and Europe. The comparative...

This paper studies the effect of government-backed partial credit guarantees on firms' performance. These guarantees are automatically granted to firms without enough collateral in order to lift their credit constraints. We put together a panel, covering the period 1997-2007, that combines data...

Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...

The paper uses microeconomic data to characterize entrepreneurs by income group and selected household, individual and business characteristics, finding that entrepreneurship is rare but more frequent in the upper class than the middle or lower classes. Middle-class entrepreneurs are, on...

This study focuses on how Latin America¿s small and medium-sized enterprises (SMEs) can participate in global markets in a way that provides for sustainable growth. In addition, it study analyzes the impact of collective efficiency on clusters upgrading and undertakes an investigation of the...

This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...

This book arose out of a study commissioned by the Micro, Small and Medium Enterprise Division of the Inter-American Development Bank aimed at researching cases based on Latin American experiences with competitive cooperation among enterprises, whether brought about as a result of specific...

This publication analyzes the profile of entrepreneurs and how they create high-growth businesses in 13 countries in Latin America, East Asia and southern Europe. It also offers case studies of entrepreneurship development policies and programs in the Americas and Europe. The comparative...