Export Pioneers in Latin America

Amazon.com Price: $29.41 (as of 11/10/2019 09:11 PST- Details)

Categories: Americas, Books, Business and Money, Central America, Comparative, Economics, Entrepreneurship, Exports and Imports, History, International, Mexico, Small Business and Entrepreneurship, South America, Subjects, Theory

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Description

Why do a little new export activities succeed at the same time as others do not? Why are some not even attempted? On this book, distinguished research teams analyze eleven cases of new export endeavors in six Latin American countries to be informed how export pioneers are born and jump-start a virtuous process leading to economic transformation. The case studies range from blueberries in Argentina and fresh cut flowers in Colombia to aircraft in Brazil and software in Uruguay. They put to the test two conjectures: that costly burdens to entrepreneurial self-discovery because of imitation by competitors deter would-be pioneers (the low appropriation hypothesis advanced by Harvard’s Hausmann and Rodrik) and that new export activities are a complex enterprise that only reach fruition when the innovative contributions of many actors are in some way provided jointly (the failure of coordination hypothesis). These case studies offer many examples in which cooperation proved absolutely vital to export success, at the same time as problems of appropriation gave the impression less critical. Interestingly, in solving coordination problems, innovators continuously mitigated problems of appropriation. Coordination is difficult, on the other hand, and, as the tales of these export pioneers suggest, industrial policy has crucial role to play in facilitating it.

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Export Pioneers in Latin America

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