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[BUSINESS] · Argentina · 2 sources

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Argentina faces challenges in IT growth and entrepreneurship

The Argentine business landscape faces distinct challenges regarding growth strategies and entrepreneurial development. In the technology sector, many companies have historically relied on word-of-mouth referrals to build their client bases. However, experts suggest that relying solely on referrals is unpredictable and limits scalable growth. To achieve sustainability, IT firms must transition from passive demand to active demand generation by defining ideal customer profiles and building authority in the B2B market.

Broadly, there is an ongoing debate regarding the nature of entrepreneurship in Argentina. While the country possesses high technological talent, macroeconomic fluctuations have impacted venture capital. Discussions highlight a tension between traditional business models and the need for true entrepreneurship—defined by the ability to identify unmet needs and innovate—versus a historical tendency to seek regulatory exceptions or political connections.

Entities

Carolina Bandoli · Israel Kirzner · Joseph Schumpeter