My study abroad experience in Costa Rica offered meaningful insight into a different approach to business and economic life. My immediate impression was not only the country’s beautiful landscape, but also the sheer number of small businesses embedded within local communities. From family-owned shops to small tourism and service enterprises, it became clear that SME’s form the foundation of Costa Rica’s economy. What stood out was how many individuals pursue business ventures driven by personal passions and values rather than purely financial success, which challenged my previous assumptions about what motivates entrepreneurship. In Costa Rica, business success often seemed connected to sustainability, quality of life, and long-term impact rather than just short-term profit. This perspective became especially clear during our visit to Bici Chocolate. The owner explained that he has little interest in patenting his cacao grinding bike accessories so the technology could remain accessible to others. His decision emphasized collaboration, sustainability, and shared benefit over exclusive ownership or competitive advantage. In contrast, American business culture often prioritizes intellectual property protection as a means of securing profit and market control. Observing this alternative approach encouraged me to reflect on how cultural values influence definitions of innovation and success. Additionally, Costa Rican business culture places strong emphasis on community and relationship-building. Business meetings often include extended periods of informal conversation before and after formal meetings, sometimes lasting up to thirty minutes. This practice contrasts with American business culture, which typically prioritizes efficiency over personal connection. On the topic of community, our excursion to La Fortuna was especially eye-opening, as the cleanliness of the waterfall and the surrounding rainforest reflected how deeply Costa Ricans value and care for their environment. Ultimately, my time in Costa Rica led me to reevaluate traditional measures of success and consider how business can align economic performance with social impact.
