Acceso al emprendimiento y financiamiento en la región 7 del Ecuador -Periodo 2005 a 2010.

Abstract

Abstract: This research analyzes the relationship between access to funding and entrepreneurship in the Seventh Region of the Ecuador. It is assessed this relationship in a country with a strong institutional and economic concentration in the provinces of Quito and Guayaquil. To bear out the linkage made in this study it was used data of the National Economic Census in 2010 produced and published by the National Institute of Statistics and Census. Therefore, the analyzed data belong to cross-cutting information. The dependent variable is the number of enterprises that began between 2005 and 2010 as a measure of entrepreneurship, while the independent variable belongs to financial institutions in each canton as a measure of access to funding, respectively. The two variables are in logarithmic scale. The results of the study determined that access to financing has a positive effect on the commencement of new enterprises. From this point of view, this research aims to contribute to a debate considering that monetary and financial regulation should promote decentralization of financial services to make the most of the potential of the less developed regions.