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Venture capital for bio-entrepreneurship and regional integration: an opportunity for a new symbiosis

Year: 2024

Type: article

Abstract: This article discusses the opportunity of regional integration through the bioeconomy in Latin America to promote the development of bioentrepreneurship by attracting venture capital. In this sense, it highlights the importance of the bioeconomy as an avenue for productive diversification. However, it also highlights the challenges faced by bio-entrepreneurs such as the lack of an enabling environment, the informality of business and the difficulty of accessing finance. The article shows the importance of venture capital as a source of support for the development of bio-entrepreneurship and mentions the need for public institutions to foster its growth. It concludes that regional integration in the bioeconomy can be an opportunity to attract venture capital and strengthen the development of bioentrepreneurship.

Source: Política Revista de Ciencia Política

DOI: 10.5354/0719-5338.2024.72463

Authors: Celestina Porras, Miltred Jiménez, Javier Alejandro Valero Fuentes

Institutions: Instituto Interamericano de Cooperación para la Agricultura, Instituto Interamericano de Cooperación para la Agricultura, Tecnológico de Monterrey

Language: English

Topic: Bioeconomy and Sustainability Development

Subfield: General Agricultural and Biological Sciences

Field: Agricultural and Biological Sciences

Domain: Life Sciences

SDGs: Decent work and economic growth, Partnerships for the goals, Industry, innovation and infrastructure, Reduced inequalities

Open Access status: diamond

Funders: Instituto Tecnológico y de Estudios Superiores de Monterrey, Universidad de Costa Rica