Total Entrepreneurial Activity
for 2004 = 13.4%
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here for more about TEA
World Average TEA 9.6
South American Average TEA 16.6 Entrepreneurship
in Brazil
• In 2004, Brazil was the 3rd largest export market
for U.S. goods and services.
• In 2004 Brazil’s GDP exceeded $812 Billion
Dollars.
• Sometimes Highest TEA level in the world.
• South America’s dominant economy.
• Part of MERCOSUL, 2nd largest customs union in
the world and fourth largest consumer market with a GDP
of $221.44 Billion Dollars.
• In 2004 Brazil’s population exceeded 177
million
• More than 79 million people in the workforce.
• Majority of their industrial activity is concentrated
in the south.
• Brazil’s landmass is larger than the U.S.
at 3,290,000 sq. mi.
• World’s 4th largest road system and a large
% of the world’s navigable rivers.
Brazil is a leader in entrepreneurism, with an estimated
one in eight adults being “entrepreneurs.”
Much of the business that occurs in Brazil is done by
single businesspeople either selling their homemade goods
or providing their services. Foreign entrepreneurship
is a bit of a rarity in Brazil. It is simple for a local
businessperson to open a business by, in most cases, circumventing
the typical red tape associated with starting a business.
The regulatory boards are so poorly managed and so open
to bribes that local entrepreneurs can easily sneak by
without following proper procedure. For foreign businesspeople
it is much more difficult. Foreigners draw attention to
themselves (by merely being foreigners) and therefore
fall prey to greater scrutiny. It is imperative for the
foreign businessperson to hire a good despachante or broker
to handle their interactions with government officials.
The TEA in Brazil is a little more than 13. Also almost
half of this number is women (46%), which is up from 4
years ago when it was only 29%. New programs have recently
been started to help women become even more involved.
Opportunity based entrepreneurship and need based entrepreneurship
are close to being equal.
One of the major problems to getting started in Brazil
is paperwork. Bureaucracy in Brazil is very bad and it
takes a while for things to get through certain channels.
Despite this, Brazil ranks very high on the Global Entrepreneurship
Model (GEM) list of countries with the highest entrepreneurial
activity.
Best
Bets
BRASIL
GEM 2004 Annual Report in Portuguese NEW
Brazil
2004 National Report
BRASIL
GEM 2003 Annual Report in Portuguese
Brazil
2002 National Report
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on the folder to see the contents.
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Entrepreneurship
