Publication: Mexico - Entrepreneurship Ecosystem Diagnostic
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2023-04-01
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2023-04-01
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Over the past three decades, economic growth in Mexico has been sluggish, the result of meager productivity improvements. Indeed, Mexico’s entrepreneurship ecosystem is characterized by the limited entry of high-quality firms, and a large share of low productivity firms that have few prospects for upgrading and growth. The COVID-19 pandemic made boosting entrepreneurship and growth even more pressing in Mexico; however, at the same time, the pandemic has opened up new opportunities due to the reconfiguration of global value chains (GVCs). The goals of this report were to understand the obstacles that affect entrepreneurship ecosystems in Mexico, and with this knowledge, inform the design of priority policies and programs that can overcome ecosystem obstacles. This study’s assessment of the pillars of Mexico’s entrepreneurial ecosystem found that in comparison to the country’s global peers, there is substantial need for improvement.
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“World Bank. 2023. Mexico - Entrepreneurship Ecosystem Diagnostic. © World Bank. http://hdl.handle.net/10986/39831”
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