The Emergence of an Entrepreneurial World: The Colombian Case

Abstract

Colombia appears to be at a defining moment in its trajectory towards becoming an entrepreneurial economy, that is, one where entrepreneurial initiatives are a major engine of growth. Entrepreneurship was a major policy issue for the national government over the first decade of the century, and there is evidence that it will continue to be so over the next one. The country shows a high prevalence of both opportunity and necessity entrepreneurship. However, there are as yet few results in terms of the presence of high-potential entrepreneurial ventures, of the kind that could lead the country into a new stage of economic development. While awareness of the importance of this kind of entrepreneurship is high in the country and there are several policy initiatives in place on this issue,