Fear of failure curbs entrepreneurship in Europe
Entrepreneurs are the lifeblood of an economy, or so the old adage says.
Entrepreneurs are the lifeblood of an economy, or so the old adage says. Entrepreneurial capacity in any economy is a key determinant of economic growth and improvements in productivity.
As much of Europe struggles with high unemployment, European leaders are trying to encourage citizens to become more entrepreneurial.
“Entrepreneurs are the economic DNA which we need to build competitiveness and innovation in Europe,” European Commissioner Gunter Verheugen said recently. Yet, according to a ...
