Five years ago, The Economist published an article called European Entrepreneurs – Les Misérables, arguing that the continent suffered from a chronic failure to encourage ambitious entrepreneurship. In it, the editors argued that Europe’s issue is not with encouraging entrepreneurship in general, but with creating new businesses destined for growth.
Even more interesting is that Europe (the European Union in particular) seems to have all the necessary preconditions to avoid a growth entrepreneurship deficit, including the prevalence of high-tech industries, and a well-educated workforce.
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