Year of publication: 2014
Author(s): Henry Bailey, Marvin Pacheco, Sieglien Burleson, Miguel Carrillo, Hans Lim A Po, Ollye Rita Chin A Sen, Chris Healy
This is the first GEM study for Suriname. Despite favorable perceptions towards entrepreneurship among the adult population, entrepreneurial intent and participation are both very low compared to other countries. Several challenges were observed in the entrepreneurial framework conditions – particularly in the areas of access to finance, support programs, R&D transfer and market openness. Entrepreneurial firms in Suriname were found to under perform on the dimensions of innovation, growth potential and export competitiveness. The report ends with a preliminary set of recommendations to address issues in entrepreneurial intent, activity and outcomes, along with recommendations for further research.
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