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Economy And Business

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Economy And Business, May 08, 2008

Entrepreneurs

According to a Global Entrepreneurship study, Argentina is ranked among the 10 most entrepreneurial countries in the world. One out of 8 Argentine people is engaged in developing new companies and innovative endeauvors.

Argentina is endowed with a universe of human resources having a great ability to create new companies and develop innovative endeavours. Similarly, there appear other factors positioning the country as an ideal scenario to carry out an entrepreneurial venture such as the population´s average educational level, the availability and variety of natural resources, outstanding scientific-technological endeavors, manifold untapped production niches, and a regional market (MERCOSUR) with a growing integration.

Entrepreneurism plays a vital role in countries´ socio-economic development by boosting productivity, creating jobs and building social and economic capital. The individuals leading these undertakings perceive opportunities and take risks when confronting the uncertainty that arises when making the decision to open new markets, design products, and develop innovative processes.

Argentina´s strengths
· There exist untapped market niches
· Demand is dynamic and is ready to accept further services and innovative products
· Necessity boosts creativity and the innovative capacity
· The Argentine consumer is highly receptive and is willing to acquire innovative products
· There exists an extensive supply of natural resources
· The average Argentine education level is high if compared to that found in the remainder of Latin America
· This scenario creates a high level of human capital being endowed with a great potential
· Most managers and technicians display good education standards as well as the willingness to start developing new skills and resort to training
· There exists an adequate scientific education level and a sound tradition in this field, above all in medicine and biotechnology

Companies catalogues
The cultural industries and design business incubator of Buenos Aires Metropolitan Design Center is a program promoting the growth and development of design, tourism or cultural industries related endeavors. Its purpose is to support the development of quality and innovative companies.
This entrepreneurship support network, financed, among others, by the Inter-American Development Bank (IDB) seeks to increase entrepreneurship basis through design, by implementing and transferring comprehensive entrepreneurship development models.
This business incubator network from the City of Buenos Aires renders several services to new ventures, such as technical and economic counseling; a connection with the transport and communication metropolitan system; provision of meeting rooms and auditoriums, secretaries and receptionists services, internet and e-mail; copy machines, fax and printing services and security.
This organization was created with the purpose of promoting partnership and interdisciplinary relationships among entrepreneurs from the technology sector. By means of training, software and IT services, EM-TEC helps SMEs, Public entities and NGOs, among other economic sectors, to perform their undertakings.

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