MAIN RESULTS
12 presents the percentage of established entrepreneurs in Colombia and the three economic groups in the period 2009-2012.
preneurial pipeline, be more productive in terms of established business. 5.8 INTEGRATED ENTREPRENEURIAL PIPELINE
Colombia shows a decreasing trend from a 13% (2009) to a 7% (2012). In the factor driven economies, the results are also very unstable from 6% (2011) to 13% (2010) in the rate of established business owners. The efficiency driven countries have had fluctuation from 7% to 8% and the innovation driven economies had been completely stable at 7%.
When all the previous data are integrated, it is possible to construct an info graphic as the one shown in figure 13 and 14 that represent the entrepreneurial pipeline for Colombia and Latin America (respectively). Several facts can be identified in these figures:
The Colombian indicator has reached a value very close to the innovation driven economies when four years ago it was practically twice as big. What is happening with the established business. GEM data does not provide information about this important question but the indicator should call the attention of entrepreneurial policy formulators, mainly in term of designing new support for business after their initial years.
• In socio-cultural acceptance of entrepre-
neurship, Colombia with 78% is higher than Latin America (71%) and is general higher than all the three economic groups.
• In potential entrepreneurs, even though there is a “leak” of about 14 points, in relation to the socio-cultural acceptance indicator, still Colombia (64%) and Latin America (62%) are higher than all the economic groups.
Table 16 presents the propensity of males and females toward the established business stage and again males show higher indicator than females. The disparity is very high (1.8).
• In intentional entrepreneurs a “leak” of
only 9 points in relation to the potential entrepreneurs, happen in the Colombia´s case. Latin America shows a significant leak from 62% to 34%, which should be analyzed by the different countries.
The 7% rate of established business indicates that about 2.167.400 adult Colombians are managing entrepreneurial initiatives that have paid remunerations to employees and owners for more than 42 months.
• Going from intentional to nascent, Co-
lombia has the biggest leak, a decrease of 43 points. Latin America drop only 23%. This data brings the need to analyze in detail what is happening with the support system in Colombia.
Table 16. Established business by gender (2012). Male
9.0%
Female
4.6%
Disparity
• Going from nascent to new, a decrease of
1.8
7 point in Colombia and 5 points, in Latin America, get that the total figures for Colombia and Latin America get equal in 7%. Again this data arise the point about what is happening with the support system because practically for two nascent there is only one new.
Source: Compiled by authors
A research specifically oriented towards this segment of entrepreneurs and enterprises is urgent, because the country needs that the efforts, in the previous stages of the entre-
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