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Location of entrepreneurial zones in Latin America: a spatial analysis

Author

Listed:
  • Frende-Vega, María de los Ángeles

    (National Researcher of the SNI (SENACYT), University of Panama)

  • Almeida, Alejandro

    (Universidad de Extremadura, Spain)

  • Martín-Álvarez, Juan Manuel

    (Universidad Internacional de La Rioja, Spain)

  • Golpe, Antonio

    (University of Huelva, Spain)

Abstract

This study analyzes spatial patterns in the entrepreneurial intention of university students in Latin America. Studies on the entrepreneurial phenomenon have paid little attention to possible spatial associations, which might explain the dissimilar results reported by prior work. The analysis uses a sample of 70,337 university students drawn from the GUESSS survey. The results of the exploratory spatial model reveal significant spatial patterns in Costa Rica and Panama with a high entrepreneurial intention (hot spots). This study can serve as a basis for developing public policies to promote entrepreneurship and, when appropriate, propose articulated and coordinated strategic initiatives between countries located in the identified clusters (hot/cold spots).

Suggested Citation

  • Frende-Vega, María de los Ángeles & Almeida, Alejandro & Martín-Álvarez, Juan Manuel & Golpe, Antonio, 2025. "Location of entrepreneurial zones in Latin America: a spatial analysis," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 19(1), pages 22-35.
    • Handle: RePEc:ris:tecemp:2502
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    References listed on IDEAS

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    3. Sergey Anokhin & Natalia Chistyakova & Irina Antonova & Lyubov Spitsina & Joakim Wincent & Vinit Parida, 2021. "Flagship enterprises, entrepreneurial clusters, and business entry rates: insights from the knowledge spillover theory of entrepreneurship," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 33(3-4), pages 353-367, March.
    4. Reynolds, Paul D & Miller, Brenda & Maki, Wilbur R, 1995. "Explaining Regional Variation in Business Births and Deaths: U.S. 1976-88," Small Business Economics, Springer, vol. 7(5), pages 389-407, October.
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