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Business Development Opportunities and Market Entry Challenges in Latin America

Book Description

Latin America has long held an important role in international economics and continues to attract attention as the region faces restructuration and implements new business conceptions. As a result, Latin America continues to experience economic growth, which further affirms the region’s great potential for future business endeavors. Business Development Opportunities and Market Entry Challenges in Latin America provides a practical, in-depth look at the different challenges and opportunities present in the Latin American economy. This text is of use to policymakers, managers, academicians, researchers, advanced-level students, technology developers, and government officials in furthering their research exposure to pertinent topics in market entry and business development in the region. This publication guides the reader to an understanding of the Latin American region both theoretically and practically through a collection of chapters concerning microfinance, political trust, opportunities and challenges for entrepreneurial activity, public-private academic cooperation, and poverty in Latin America.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Editorial Advisory Board
  5. Foreword
  6. Preface
    1. AN APPROACH TO THE CHAPTERS
  7. Acknowledgment
  8. Chapter 1: Theoretical Aspects on Bottom of the Pyramid in Emerging Economies
    1. ABSTRACT
    2. INTRODUCTION
    3. BOTTOM OF THE PYRAMID: PRAHALAD AND BEYOND
    4. SECTORIAL PATHS AND THE BASE OF THE PYRAMID
    5. MICROFINANCE AND BOP
    6. MICROFINANCE AND BOP: THE LATIN AMERICAN CASE
    7. MICROFINANCE AND ENTREPRENEURSHIP IN LATIN AMERICA
    8. MAPPING OUT COUNTRIES AND MICROFINANCE INSTITUTIONS
    9. IMPLICATIONS FOR POLICYMAKERS AND PRACTITIONERS
    10. FUTURE RESEARCH: MOVING FORWARD
    11. CONCLUSION: A FINAL THOUGHT
    12. REFERENCES
  9. Chapter 2: Corruption in Latin America and How It Affects Foreign Direct Investment (FDI)
    1. ABSTRACT
    2. 1. INTRODUCTION
    3. 2. DEFINITIONS
    4. 3. DETERMINANTS OF CORRUPTION
    5. 4. BACKGROUND INFORMATION
    6. 5. CORRUPTION IN LATIN AMERICA: CAUSES AND CONSEQUENCES
    7. 6. CONCLUSION
    8. REFERENCES
  10. Chapter 3: The Significance of Institutionalism for Increasing Wealth at Multi-Levels of Latin American Small States
    1. ABSTRACT
    2. 1. INTRODUCTION
    3. 2. SMALL STATES IN THE GLOBAL POLITICAL ECONOMY
    4. 3. THE HISTORY OF INSTITUTIONALISM IN SMALL LATIN AMERICAN STATES
    5. 4. SUSTAINABLE DEVELOPMENT IN THE KNOWLEDGE AGE ECONOMY
    6. REFERENCES
    7. ENDNOTES
  11. Chapter 4: Foreign Direct Investment from China and Latin America
    1. ABSTRACT
    2. 1. INTRODUCTION
    3. 2. CHINA AND ITS ROLE AS SOURCE OF FOREIGN DIRECT INVESTMENT
    4. 3. THE EXPANSION OF CHINESE OFDI
    5. 4. CHINESE FDI IN LATIN AMERICA
    6. 5. A THEORETICAL PERSPECTIVE ON THE MOTIVES AND OBSTACLES OF CHINESE FDI IN LATIN AMERICA
    7. 6. CULTURAL DIFFERENCES AS POSSIBLE REASON FOR LACK OF CHINESE FDI IN LATIN AMERICA
    8. 7. CONCLUSION
    9. REFERENCES
  12. Chapter 5: Antecedents of Stakeholder Trust in Business Development in Latin America
    1. ABSTRACT
    2. INTRODUCTION
    3. LOW TRUST LEVELS IN LATIN AMERICA
    4. LATIN AMERICAN ECONOMIES
    5. CONEPTUAL FRAMEWORK OF TRUST IN BUSINESS
    6. TRANSACTION COST THEORY: RATIONAL ECONOMIC VIEW
    7. SOCIAL EXCHANGE THEORY: PSYCHOLOGICAL COMMITMENT
    8. DYNAMIC VIEW OF TRUST AS A PROCESS: AGENCY THEORY
    9. ORGANIZATIONAL TRUST AND ORGANIZATIONAL CULTURE
    10. TRUST AND NATIONAL CULTURE
    11. TRUST AND BUSINESS DEVELOPMENT
    12. TRUST IN E BUSINESS
    13. TRUST IN B2B INTERACTIONS
    14. TRUST IN GLOBAL SUPPLY CHAIN
    15. SUMMARY
    16. REFERENCES
  13. Chapter 6: Mobile Financial Sectoral System of Innovation
    1. ABSTRACT
    2. 1. INTRODUCTION
    3. 2. MOBILE FINANCIAL SERVICES
    4. 3. SECTORAL SYSTEMS OF INNOVATION AND DEVELOPING COUNTRIES
    5. 4. INDIAN M-FINANCIAL SSI
    6. 5. LATIN AMERICA
    7. 6. CONCLUSION
    8. REFERENCES
  14. Chapter 7: Building Trust in Politics
    1. ABSTRACT
    2. INTRODUCTION
    3. BACKGROUND
    4. TRUST IN POLITICAL INSTITUTIONS IN LATIN AMERICAN COUNTRIES
    5. MAIN RESULTS
    6. FUTURE RESEARCH DIRECTIONS
    7. CONCLUSION
    8. REFERENCES
    9. KEY TERMS AND DEFINITIONS
  15. Chapter 8: Rethinking Competitiveness
    1. ABSTRACT
    2. 1. INTRODUCTION
    3. 2. DEFINING COMPETITIVENESS
    4. 3. LABOR AS COMPETITIVENESS
    5. 4. EDUCATION AND SOCIAL SECURITY AS COMPETITIVENESS INPUTS
    6. 5. THE CHALLENGES FOR CENTRAL AMERICA
    7. 6. CONCLUSION
    8. REFERENCES
    9. ENDNOTE
  16. Chapter 9: Opportunities and Challenges for Entrepreneurial Activity and Non-Entrepreneurial Engagement in Colombia
    1. ABSTRACT
    2. INTRODUCTION
    3. BACKGROUND
    4. METHODS
    5. FINDINGS AND DISCUSSION
    6. CONCLUSION AND IMPLICATIONS
    7. REFERENCES
  17. Chapter 10: Public-Private-Academic Cooperation as a Trust Building Mechanism
    1. ABSTRACT
    2. THEORETICAL FRAMEWORK
    3. EMPIRICAL BACKGROUND: BREACH OF CONFIDENCE BETWEEN PUBLIC AND PRIVATE SECTORS
    4. CONCLUSION
    5. REFERENCES
    6. ENDNOTES
  18. Chapter 11: Commitment-Trust Dynamics in the Internationalization Process
    1. ABSTRACT
    2. INTRODUCTION
    3. INTERNATIONALIZATION
    4. NETWORK-BASED VIEW OF INTERNATIONALIZATION
    5. MARKET ORIENTATION
    6. CUSTOMER ORIENTATION
    7. RELATIONSHIP ORIENTATION
    8. METHODOLOGICAL ASPECTS
    9. CASE STUDY
    10. CONCLUSION
    11. REFERENCES
    12. KEY TERMS AND DEFINITIONS
  19. Chapter 12: Business Development Opportunities and Market Entry Challenges in Latin America
    1. ABSTRACT
    2. MACROECONOMIC CONSIDERATIONS IN LATIN AMERICA
    3. REFERENCES
    4. ENDNOTE
  20. Chapter 13: Online Tools for the Modern Entrepreneurs Fueled by Trust
    1. ABSTRACT
    2. INTRODUCTION
    3. BACKGROUND
    4. FUTURE RESEARCH DIRECTIONS
    5. CONCLUSION
    6. REFERENCES
    7. KEY TERMS AND DEFINITIONS
    8. ENDNOTE
  21. Chapter 14: Remittances
    1. ABSTRACT
    2. MIGRANTS AND THE REMITTANCES
    3. REMITTANCES, A KEY FACTOR FOR ECONOMIC CHANGE IN LATIN AMERICA AND REDUCING POVERTY: THE CASE OF GUATEMALA
    4. CONCLUSION
    5. REFERENCES
  22. Compilation of References
  23. About the Contributors