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April/19/2011

DOCSOLUTIONS among the 8 world-wide companies selected by Stanford University and Endeavor to be represented at the World Economic Forum at Davos.

April/19/2011

In collaboration with Endeavor Global and Stanford University, the World Economic Forum released its report Global Entrepreneurship and Successful Growth Strategies of Early-Stage Companies. The report, which includes interviews and insights from eight Endeavor Entrepreneur companies selected internationally (DOCSOLUTIONS, Globant, MercadoLibre, Petfor, Pharmacy 1, Refinancia, Technisys, and Yola), analyzes their growth strategies and emphasizes that 1% of 380,000 companies studied in 10 countries contribute 44% of total revenues and 40% of total jobs, while 5% account for 72% of total revenues and 67% of total jobs.

 

 

“Understanding the elite few in their own ecosystems may be a far more effective strategy than trying to replicate the success factors of other entrepreneurial hubs such as Silicon Valley,” said George Foster, Professor of Management and Dhirubhai Ambani Faculty Fellow in Entrepreneurship at the Graduate School of Business, Stanford University, and co-author of the report.

 

DOCSOLUTIONS was the only Mexican company selected to participate in this study based on its impressive growth and results. Founded in 2001, the company has multiplied its size over 100 times and generates annual employment for over 800 people.

 

Questioned about this distinction, entrepreneurs Gabriel and Guillermo Oropeza said these achievements are the result of a well thought out strategy implemented by a great team that works on a solid foundation of values.


The shareholders and the Advisory Board expressed great satisfaction at this distinction, which undoubtedly strengthens the company’s commitment to the development of products and solutions in its field.