Anglo-Saxon countries outperform all other countries in all entrepreneurial dimensions – entrepreneurship rate, new business ownership, women’s entrepreneurship and future potential entrepreneurs, according to the new report “The entrepreneurial challenge – A comparative study of entrepreneurial dynamics in China, Europe and the US” launched last week by Swedish Entrepreneurship Forum. To accelerate growth and close the entrepreneurial gap, in particular to the US, institutions must more clearly encourage risk, entrepreneurial endeavor and firm growth.
The report is based on data from the Global Entrepreneurship Monitor. The report examines the similarities and differences between China, EU, and the US in terms of entrepreneurial activity and attitudes towards entrepreneurship as well as entrepreneurs’ ambition to grow, internationalize and to innovate.
Download the GEM Report: The Entrepreneurial Challenge here.