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Argentina

Argentina has been in the news lately for its expropriation of a Spanish oil company and other strong regulatory interference, such as price and import controls. With this image reflected in the media, we decided to check back on activity that Argentine entrepreneurs and the organizations that support them are carrying out to sustain and promote entrepreneurship.

I was glad to find that Argentina’s “bottom-up” entrepreneurship culture I reported on in September 2010 very much alive and well. According to recent data, Argentina saw further increases in its entrepreneurial activity in 2011 and also stood out when it comes to the participation of women in entrepreneurial activities. By 2011 estimates, one-third of Argentina small businesses are started by women who credit aggressive networking. Further, despite the unfavorable environment for foreign investment, global entrepreneurship gurus like Dave McClure with his 500 Startups and Geeks on a Plane, now appear to be looking in Argentina for high-impact start-ups.

To read the original article: Angst about Argentina - Entrepreneurship.org