By Renata Lèbre La Rovere, Luiz de Magalhães Ozório, Leonardo de Jesus Melo
This booklet offers chosen articles that debate vital concerns relating to entrepreneurship in Brazil, Russia, India and China in addition to contributions from authors whose nations have a convention on entrepreneurship aid, resembling Italy and the united kingdom. The articles have been provided and mentioned in a convention on Entrepreneurship in Brazil in November 2013 equipped by way of the Institute of Economics of the Federal college of Rio de Janeiro and IBMEC company college. This publication covers 4 crucial topics: financing marketers, innovation environments, social entrepreneurship and e-entrepreneurship.
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Extra info for Entrepreneurship in BRICS: Policy and Research to Support Entrepreneurs
The fear of failure, in this case, seems to strengthen the profile of the “necessity driven entrepreneur” as a counterpoise to what is expected from entrepreneurs and startup investors, who opt for assuming great risks in exchange for the possibility of achieving significant financial gains. These are the so-called “opportunity driven entrepreneurs”. Conclusion The Brazilian regulatory framework, albeit showing subtle signs of improvement, does not seem to follow the entrepreneurial movement in Brazil at the same speed as its milieu.
5 Incentives for the Use of Capital Markets by SMEs Seeking to boost the use of capital markets by SMEs, BNDES has been active both institutionally and in its own investment portfolio. Together with ABDI, BM&FBOVESPA, CVM and FINEP, BNDES is part of a working group that has been studying rules and practices of access markets in other countries. On a visit to several countries, successful stories were evaluated, in which SMEs had been able to issue shares to finance the development of its activities.
It is important to notice that the initial resources demand from the private sector surpassed a lot the initial budget allocation. 2 Embrapii and Tecnova In 2012, MCTI, in partnership with the National Confederation of Industry (CNI) and FINEP, created the Brazilian Research and Industrial Innovation Company (Embrapii). Embrapii aims to promote projects of cooperation between domestic companies and ICTs to the development of new products and processes aligned to industry interests, particularly in projects in pre-competitive phase of the innovation process, in which risks are higher.