View metadata

dc.titlePlan for the Creation of an Entrepreneurial Ecosystem for Long-Term Care in Latin America and The Caribbean
dc.contributor.authorDe Anca, Celia
dc.contributor.authorCampos, Newton M
dc.contributor.authorGaldón, Concepción
dc.contributor.authorGutiérrez, Eugenia
dc.contributor.orgunitSocial Protection and Labor Markets Division
dc.contributor.orgunitIDB Lab
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2025-01-17T17:01:00
dc.date.issue2025-01-16T00:01:00
dc.description.abstractThe long-term care sector is an important part of the silver economy. In this sector, given the rapid aging of the population, significant business opportunities are generated. Likewise, there are opportunities for innovation both from the business sector and from civil society organizations (which are important providers of these services). Governments, particularly at the local level, can take advantage of this opportunity in the care economy, with the dual objective of improving the quality of life for older people and their families, and promoting employment and economic growth. To do this, they can support the construction of an entrepreneurial ecosystem in the long-term care sector. This report presents an analysis of the key elements for building the aforementioned ecosystem. The target audience is policymakers at different levels of government, including municipalities, which in many cases are responsible for organizing the sector. The analysis is complemented by a tool that allows policymakers to assess the progress of ecosystem construction in their territory. This tool analyzes five dimensions of the ecosystem: regulatory framework, entrepreneurial financing, entrepreneurial culture, support structures, and human resources. The tool highlights key opportunities (low hanging fruits), which are the most strategic and high-value interventions but relatively easy to implement. These include, for example, the creation of public or private digital portals to facilitate the meeting of supply and demand, the definition of a standardized contract for the paid caregiver at home, and the offer of training for caregivers.
dc.format.extent37
dc.identifier.doihttp://dx.doi.org/10.18235/0013369
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Plan-for-the-Creation-of-an-Entrepreneurial-Ecosystem-for-Long-Term-Care-in-Latin-America-and-The-Caribbean.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Plan-para-la-construccion-de-un--ecosistema-emprendedor--para-los-cuidados-de-largo-plazo-en-America-Latina-y-el-Caribe.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectFinance
dc.subjectEntrepreneurship
dc.subjectLong-term Care
dc.subjectElderly Care
dc.subjectElderly
dc.subjectPopulation Aging
dc.subjectInnovation
dc.subjectSilver Economy
dc.subjectInvestment
dc.subjectPublic Sector
dc.subjectBusiness Innovation
dc.subject.jelcodeJ13 - Fertility • Family Planning • Child Care • Children • Youth
dc.subject.jelcodeJ14 - Economics of the Elderly • Economics of the Handicapped • Non-Labor Market Discrimination
dc.subject.jelcodeJ15 - Economics of Minorities, Races, Indigenous Peoples, and Immigrants • Non-labor Discrimination
dc.subject.jelcodeJ16 - Economics of Gender • Non-labor Discrimination
dc.subject.jelcodeJ31 - Wage Level and Structure • Wage Differentials
dc.subject.jelcodeJ21 - Labor Force and Employment, Size, and Structure
dc.subject.jelcodeJ22 - Time Allocation and Labor Supply
dc.subject.jelcodeI38 - Government Policy • Provision and Effects of Welfare Programs
dc.typeLearning Materials
idb.identifier.pubnumberIDB-LM-00684
idb.operationRG-T4162
Return to Publication