Overview
- Analyzes the quality of entrepreneurial management, innovation and economic development in the Latin American region
- Explains Latin American management practices as well as the threats and opportunities
- Suggests ways in which Latin American businesses can increase productivity and innovation in order to improve performance in the global market
- Includes supplementary material: sn.pub/extras
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Table of contents (11 chapters)
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Front Matter
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Back Matter
Keywords
About this book
The aim of this book is to analyze the quality of entrepreneurial management and economic development in the Latin American region from a microeconomic point of view. It seeks to explain the Latin American way of business management as well as envision ways in which Latin American businesses can increase productivity and innovation in order to successfully compete in the global market.
Latin America comprises nearly 8.5% of the global population and represents over 8% of the global GDP, yet it is home to only 12 (or less than 2.5%) of the world’s 500 largest companies. In this volume, the author analyzes the unique dynamics of Latin American corporate culture to consider the particular obstacles to more successful performance. Drawing evidence from dozens of companies across the eight largest Latin American economies, he notes that Latin American companies have evolved in the context of a highly aristocratic and oligarchic society, dominated by patriarchal families from the upper classes. Corporate structure, especially in family-owned companies, is based largely on patronage and privilege and often characterized by unnecessary hierarchy, redundant responsibilities and poor communication and information management systems. Operating in relative isolation, with little incentive to invest in innovation to compete against foreign products has reinforced this conservative culture.
Taking a fresh perspective that focuses at the firm level, with an emphasis on corporate administration, the author presents a compelling explanation for Latin America’s delay in economic development and offers insights for promoting innovation and entrepreneurship, identifying promising industrial sectors and improving productivity and competitiveness on the global stage.
Authors and Affiliations
Bibliographic Information
Book Title: Management in Latin America
Book Subtitle: Threats and Opportunities in the Globalized World
Authors: Paulo Roberto Feldmann
DOI: https://doi.org/10.1007/978-3-319-04750-8
Publisher: Springer Cham
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Springer International Publishing Switzerland 2014
Hardcover ISBN: 978-3-319-04749-2Published: 12 March 2014
Softcover ISBN: 978-3-319-35730-0Published: 03 September 2016
eBook ISBN: 978-3-319-04750-8Published: 12 March 2014
Edition Number: 1
Number of Pages: VI, 163
Number of Illustrations: 35 b/w illustrations, 69 illustrations in colour
Topics: Emerging Markets/Globalization, Innovation/Technology Management, Entrepreneurship, Business Strategy/Leadership, Economic Growth, International Economics