Its investment which means that most innovation

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Is funded by the entrepreneur. This greatly limits the potential of our talent as it does not have the same execution capacity as its international competitors.

Entrepreneurs financing innovation
For the entrepreneur, the effect of having to put up all the risk capital and collateral for loans means that if the venture fails, he or she loses everything; he or she has no way to share the risk. In almost all start-up options, entrepreneurs are required to put up real estate worth three times the value of the loan as collateral; the same is true for obtaining a bond to rent Senegal Mobile Database an office or receiving an advance from a major client. Entrepreneurs who do not have fully paid-for real estate are severely limited in their ability to execute. The average entrepreneur “in the world” is young and does not yet own real estate.

The lack of real estate prevents the rental of commercial premises and promotes the informal economy, which turns out to be the only accessible option for the average entrepreneur in Mexico.
If innovation is something that is sold to larger companies, the payment culture in Mexico, which consists of “riding” money, does a lot of damage to the entrepreneur’s cash flow. Both the government and large companies have policies that systematically delay all payments for periods ranging from 30 to 180 days.