Mexico - Entrepreneurship Ecosystem Diagnostic
Over the past three decades, economic growth in Mexico has been sluggish, the result of meager productivity improvements. Indeed, Mexico’s entrepreneurship ecosystem is characterized by the limited entry of high-quality firms, and a large share of low productivity firms that have few prospects for upgrading and growth. The COVID-19 pandemic made boosting entrepreneurship and growth even more pressing in Mexico; however, at the same time, the pandemic has opened up new opportunities due to the reconfiguration of global value chains (GVCs). The goals of this report were to understand the obstacles that affect entrepreneurship ecosystems in Mexico, and with this knowledge, inform the design of priority policies and programs that can overcome ecosystem obstacles. This study’s assessment of the pillars of Mexico’s entrepreneurial ecosystem found that in comparison to the country’s global peers, there is substantial need for improvement.
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| Format: | Report biblioteca |
| Language: | English en_US |
| Published: |
World Bank
2023-04-01
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| Subjects: | TECHNOLOGY INNOVATION, ENTREPRENEURSHIP, INNOVATION POLICY, COMPETITIVENESS, |
| Online Access: | http://documents.worldbank.org/curated/en/099051623222013781/P177889077ff4b0f80b42d01ccdb32cd07e https://openknowledge.worldbank.org/handle/10986/39831 |
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| Summary: | Over the past three decades, economic
growth in Mexico has been sluggish, the result of meager
productivity improvements. Indeed, Mexico’s entrepreneurship
ecosystem is characterized by the limited entry of
high-quality firms, and a large share of low productivity
firms that have few prospects for upgrading and growth. The
COVID-19 pandemic made boosting entrepreneurship and growth
even more pressing in Mexico; however, at the same time, the
pandemic has opened up new opportunities due to the
reconfiguration of global value chains (GVCs). The goals of
this report were to understand the obstacles that affect
entrepreneurship ecosystems in Mexico, and with this
knowledge, inform the design of priority policies and
programs that can overcome ecosystem obstacles. This study’s
assessment of the pillars of Mexico’s entrepreneurial
ecosystem found that in comparison to the country’s global
peers, there is substantial need for improvement. |
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