If you've been feeling that our country isn't as hot a place for
entrepreneurs as it once was, it's not your imagination. A new study
from the Small Business Administration's Office of Advocacy shows the
U.S. has sunk to third place
when it comes to fostering entrepreneurial creativity.
Researchers for the SBA took a look at the Global Enterpreneurship and
Development Index, which looks at more than a dozen primary attributes
for supporting entrepreneurial effort. The upshot: The U.S. now ranks third behind Denmark and -- brace yourself! -- Canada.
Where
are we going wrong? The study found America strong in competitiveness,
startup skills, and new technology, but we fall short in cultural
support for entrepreneurs, our tech sector is weakening compared with
other countries' tech effort, and as a result we have fewer high-growth
businesses. Reasons we are weak in these areas include fallout from the
dot-com bubble of the early '00s, the recession, and simply the
comparatively better progress made by other countries.
To read the full, original article click on this link: Entrepreneur.com Daily Dose - Why America Is No Longer Tops In Entrepreneurship
Author: Carol Tice
