Small-and microenterprise business development in Costa Rica: An examination of domestic and foreign born entrepreneurs

Adishwar Jain, Michael J. Pisani

Research output: Contribution to journalArticlepeer-review

9 Scopus citations

Abstract

In this article we explore the similarities and differences between native-owned and foreign-owned (primarily Nicaraguan) small- and microenterprises in Costa Rica. Utilizing a 2005 sample of 327 firms from the central highlands and the Caribbean coast, we found similarities in the level of business informality, firm size, and length of business operation. Significant differences exist regarding business atmosphere and job satisfaction. Important distinctions are also found in business income, business value, and business financing. Income gaps between native- and foreign-born entrepreneurs may be the result of a liability of foreignness in the marketplace.

Original languageEnglish
Pages (from-to)149-167
Number of pages19
JournalLatin American Business Review
Volume9
Issue number2
DOIs
StatePublished - 2008

Keywords

  • Costa Rica
  • Small and microenterprise development

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