There are Less Entrepreneurs in Costa Rica

While the ambition of being a state employee grows, in the last two years the number of start up enterprises or early-stage companies fell by 35%.

Wednesday, May 27, 2015

The decrease was observed in all types of enterprises, both those in initial stages, when wages had been paid for less than three months, as well as those in the gestation phase, in which companies have paid salaries to employees for more than three months.

The "National Report 2014: The State of Entrepreneurship in Costa Rica," also reveals that "... entrepreneurs with established businesses (who have paid wages for more than 3.5 years) fell from 3.5% to 2.53 %. This means that almost 46,000 people did not carry on with their business. " reports that "... The report shows a positive side: an increased in endeavors that resulted from chance, as opposed to those born out of necessity. Indeed, 63.5% of early-stage entrepreneurs said they are motivated by a better business opportunity (their goal was to be independent or increase their income).19.3% claimed they decided to take this course of action out of necessity, because that was their only way to survive. "

More on this topic

Panama: Wrong Data Cited in Doing Business Report

January 2015

Claims have been made that the time it takes to undertake the procedures needed to start up a business stated in the Doing Business report are much longer in reality.

With the aim of improving competitiveness, private sector representatives have asked the Panamanian government to cut the amount of red tape, as some of the processes can take up to a year.

Companies Need "Intrapreneurs"

October 2011

Employers are placing more and more value on employees ability to get involved and to take the initiative to do things independently, using innovative ideas.

Being an entrepreneur does not necessarily mean being the founder of a new businesses, but can also mean having an innovative attitude to finding solutions to problems and the habit of transforming challenges into opportunities.

Entrepreneurs in Costa Rica

August 2011

The Global Entrepreneurship Monitor (GEM) has issued a report analyzing the propensity of the Costa Rican population to participate in entrepreneurial activities.

The full title of the report is "The State of Entrepreneurship in Costa Rica - A local perspective on entrepreneurship, challenges and growth in Costa Rica"

First Tuesday Brings Together Entrepreneurs and Investors

April 2009

In El Salvador, PROinnova has the global network franchise that helps link entrepreneurs with venture capital investors.

First Tuesday operates in 18 countries by promoting the emergence of new companies, especially supporting them in their initial stages, with emphasis on innovative projects.

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