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There’s no firm evidence that he actually ever said it, but President George W. Bush’s reputed utterance to British Prime Minister Tony Blair that “the trouble with the French is that they don’t have a word for entrepreneur” probably echoed a widely held notion that France wasn’t a country one immediately associated with entrepreneurs.

Wrong. The country is full of them. It’s just that building big name international companies has traditionally never been their strongest point. French start-ups, for the most part, been content to stay local and enjoy success at that level.

Image: The french flag of the former Meteorological frigate “FRANCE 1″ in La Rochelle, now the musée maritime (Photo credit: Wikipedia) 

To read the original article: Entrepreneur: The French Do Have A Word For It - Forbes