COMPARATIVE ANALYSIS OF PROCEDURES FOR THE CREATION OF NEW ENTERPRISES IN MEXICO AND OTHER DEVELOPED COUNTRIES

Currently about 30 million Mexican workers are in informal situation, among other things, and this limits their right to quality jobs and make projects unviable for modernization and global competitiveness that the country has. For this reason, Mexico has one of the lowest levels of tax collection within the Organization for Economic Development (OECD). Therefore, the government of President Enrique Pena Nieto announced on Monday July 22th, 2013 the National Crusade against Informal Employment, which will be a first step for Mexico to advance in key areas such as competitiveness and development. Currently in Mexico, 6 out of 10 workers are in the informal economy, which is unsustainable. One of the serious problems here is the excessive regulations to build a business in the country, for example, in the Federal District (D.F.) are 24 requirements for starting a enterprise and almost twice only to formalize the company, so a person who is in the informal sector prefers to keep holding their conditions. On July 23th, 2013 the National Chamber of Commerce (CANACO) in Mexico City said that the Government must reduce the bureaucratic requirements and take five or six simple steps to obtain, to really have an incentive to transform informal jobs. Now, the citizen who decides to start a business sometimes has to provide the same information to the federal government between seven to 18 times, sometimes more. This causes that the process will be long and expensive. In fact, less than two thirds of applicants for setting up a corporation, end the process for the same. It becomes clear that in other countries the process for starting a company requires a lot of paperwork simplified, so it is interesting to compare these procedures and make relevant comments to the appropriate authorities to make the decision based on a comparative national support entrepreneurs simplifying the process of creating a new enterprise.
The main policies recently adopted by the most innovative countries to promote the creation of businesses, mainly those related to science, technology and innovation include improving financial instruments that encourage technology-based businesses, the approach to strategic sectors and the reduction administrative barriers.
The major factors considered for this paper are:
1) financing instruments. The main financial instruments used various countries to promote innovation in the business include direct support such as grants and venture capital to support innovative companies incubation steps / startup and growth as well as indirect support including various tax incentive schemes .
2) Focus on strategic sectors: To avoid weakening markets, several countries have followed the trend of providing resources to sectors with growth potential. Likewise, countries have resorted to the scheme of "clusters" that gather to companies, institutions of higher education and research as well as public entities to facilitate collaboration on complementary economic activities.
3) Elimination of administrative barriers: This aspect includes simplification of business regulations for administrative simplifications eg, policies that allow the entry of new firms, bankruptcy laws and policies to facilitate the commercialization of research products.
This analysis seeks to compare who has become successful at 7 most innovative countries and Mexico can take to follow in his footsteps