Europe’s sluggish economic growth of recent years has been reflected in some surveys about entrepreneurship. The percentages of adults engaged in early-staged entrepreneurial activity, according to the Global Entrepreneurship Model, ranged (as of 2010) from 4.2% in Germany to 5.8% in France—compared with 7.6% of Americans, 14% of Chinese, and 17% of Brazilians. A year later, an EY report found European entrepreneurs less confident about their countries as places for startups compared with adults surveyed in the U.S., Brazil, or Canada.
