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Entrepreneurs’ Responses to Crime-Entrepreneurs in Mexico

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Book cover International Business in Latin America

Part of the book series: The AIB-LAT Book Series ((AIBLAT))

Abstract

Organized crime and violence are among the most difficult challenges faced by entrepreneurs in Latin America (Latinobarómetro, 2013). Entrepreneurs who develop new products, services and techniques (Smith, 2009) are confronted by crime-entrepreneurs (van Duyne, 1999), or violent entrepreneurs, in other words “groups and organizations that specialize in the use of force to make money” (Volkov, 2002, p. 27). Volkov’s (2002) research underlines the consequences of a rapidly changing society suffering from the disruption of its normative order. Rapid changes, such as increases in violent and criminal acts, have economic and business development implications for entrepreneurs in Latin America. For example, Sutter and colleagues (2013) found in Guatemala City that entrepreneurs’ responses to violent and criminal acts include payment or fight-back to crime-entrepreneurs. Alternatively, some entrepreneurs went out of the market or altered their business models (Sutter, Webb, Kistruck, and Bailey, 2013).

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Authors
  1. Jacobo Ramírez
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  2. Sergio Manuel Madero Gómez
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  3. Carlos Muñiz
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Editor information

Editors and Affiliations

  1. Florida International University, Miami, USA

    William Newburry

  2. Universidad EAFIT, Medellín, Colombia

    Maria Alejandra Gonzalez-Perez

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© 2015 Jacobo Ramírez, Sergio Manuel Madero Gómez, and Carlos Muñiz

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Ramírez, J., Gómez, S.M.M., Muñiz, C. (2015). Entrepreneurs’ Responses to Crime-Entrepreneurs in Mexico. In: Newburry, W., Gonzalez-Perez, M.A. (eds) International Business in Latin America. The AIB-LAT Book Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137409126_6

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