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.
- Costa Rica
- Small and microenterprise development