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The Brazilian Entrepreneurial Ecosystem of Startups: An Analysis of Entrepreneurship Determinants in Brazil and the Perceptions Around the Brazilian Regulatory Framework

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Abstract

This paper presents the main findings extracted from a quantitative and qualitative research mapping of the Brazilian startup entrepreneurial ecosystem. The analysis was set up based on the six entrepreneurship determinant categories defined by the Organization for Economic Co-operation and Development (OECD), which are: the regulatory framework; market conditions; access to finance; the creation and diffusion of knowledge; entrepreneurial capabilities; and entrepreneurship culture. The study involved gathering quantitative data from secondary bases underlying each one of the six pillars and interviewing Brazilian representatives of the determinants indicated above, to proceed to understand which development stage Brazil is in as concerns encouraging entrepreneurial practice and the favorability of the entrepreneurial ambiance in the country, mainly in regards to the country’s regulatory structure.

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Notes

  1. 1.

    Because of model complexities, the variables are dynamic and have been constantly improved since their inception in 2006. Therefore, although Figure 2 is the most recent graphical representation of the model presented in the available articles, OECD’s website (http://www.oecd.org/industry/business-stats/indicatorsofentrepreneurialdeterminants.htm) shows the list of updated determinants as of 2011, with minor variations in the above-mentioned determinant nomenclature. For the purposes of this study, therefore, updated concepts are considered, where technology and R&D are recognized as creation and diffusion of knowledge and culture is specifically called entrepreneurship culture.

  2. 2.

    http://www.oecd.org/industry/business-stats/indicatorsofentrepreneurialdeterminants.htm

  3. 3.

    http://www.portaldoempreendedor.gov.br/mei-microempreendedor-individual – 4/16/2013.

  4. 4.

    http://www.fazenda.gov.br/portugues/documentos/2012/cartilhadesoneracao.pdf – 4/16/2013.

  5. 5.

    This variable is an average of the evaluation of three indices: transparency in transactions, responsibility for self-dealing and the capacity stockholders have to sue directors and executive officers for mismanagement.

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Correspondence to Vanessa Silva Nogueira .

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Appendix 1: List of Mapped Variables on Regulatory Framework and Their Respective Description and Sources

Appendix 1: List of Mapped Variables on Regulatory Framework and Their Respective Description and Sources

Table 4 Mapped variables on regulatory framework - description and sources

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Arruda, C., Nogueira, V.S., Cozzi, A., Costa, V. (2015). The Brazilian Entrepreneurial Ecosystem of Startups: An Analysis of Entrepreneurship Determinants in Brazil and the Perceptions Around the Brazilian Regulatory Framework. In: Lèbre La Rovere, R., de Magalhães Ozório, L., de Jesus Melo, L. (eds) Entrepreneurship in BRICS. Springer, Cham. https://doi.org/10.1007/978-3-319-11412-5_2

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