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  • Latín American Journal of Economics
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  • Pontificia Universidad Católica de Chile
  • Latín American Journal of Economics
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MIDDLE-CLASS ENTREPRENEURS AND INADEQUATE PROSPECTS FOR SOCIAL MOBILITY THROUGH ENTREPRENEURSHIP IN COLOMBIA

Author
MEJÍA,PAULA

MELÉNDEZ,MARCELA

Full text
https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332014000200005
Abstract
This paper explores whether Colombia's middle class is a cradle of entrepreneurship that drives innovation and business growth and fosters social mobility. Microeconomic data are used to characterize entrepreneurs by income group and business characteristics. While entrepreneurs appear to enjoy more income mobility than the average worker, it is not clear whether this is true for middle-class entrepreneurs in particular or if it is a result of entrepreneurship. Nor is there evidence that middle-class entrepreneurs' activity boosts economic growth. Instead, the findings suggest that businesses run by these entrepreneurs are characterized by low productivity.
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Discipline
Artes, Arquitectura y UrbanismoCiencias Agrarias, Forestales y VeterinariasCiencias Exactas y NaturalesCiencias SocialesDerechoEconomía y AdministraciónFilosofía y HumanidadesIngenieríaMedicinaMultidisciplinarias
Institutions
Universidad de ChileUniversidad Católica de ChileUniversidad de Santiago de ChileUniversidad de ConcepciónUniversidad Austral de ChileUniversidad Católica de ValparaísoUniversidad del Bio BioUniversidad de ValparaísoUniversidad Católica del Nortemore

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