Europe’s Failure to Encourage Entrepreneurs (from The Economist)


Wow! Never thought it was this serious. This article from The Economist (http://www.economist.com/node/21559618?fsrc=nlw|hig|7-26-2012|2899296|38085276|NA) describes the problem continental Europe hasĀ in creating new businesses destined for growth. Reasons include how countries treat failed entrepreneurs, finances (seed capital), labor laws and legal complexities. Look at the graphic below with US and Europe’s big companies founded between the 1800 and 2007. Impressive.

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Passionate about innovation, engineering education and promoting partnerships for economic and social development. Born in Puerto Rico, an engineer, past professor of chemical engineering, working for the largest IT company in the world and winner of the 2006 US National Academy of Engineering Gordon Prize.

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Lueny Morell

Passionate about innovation, engineering education and promoting partnerships for economic and social development. Born in Puerto Rico, an engineer, past professor of chemical engineering, working for the largest IT company in the world and winner of the 2006 US National Academy of Engineering Gordon Prize.

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