ARTÍCULO
TITULO

Formal and Informal Equity Funding in Chile

Jose Amoros    

Resumen

This paper explores the state of formal and informal equity sources currentlyavailable for financing entrepreneurial activity in Chile. By integratingtheoretical perspectives regarding formal and informal equity funding andinformation gathered from the Global Entrepreneurship Monitor (GEM) surveys,the paper argues that despite the favorable environment existing in Chile forequity investment, these markets are still incipient and strongly dependent onpublic policies. In this respect it is proposed that public intervention to addressequity gaps in Chile should also adopt a demand-side perspective, aimed atimproving the quality of investment opportunities, and should incorporate ageographical dimension, considering the particularities and financial needs ofnon-metropolitan regions.

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