Entrepreneurship U.S and Europe
Grasshopper ENTREPRENEURSHIP: for entrepreneurs U.S. AND EUROPE What it takes to become an entrepreneur varies greatly from country to country. Below, we illustrate some of the notable differences in entrepreneurship among the US and several Euro- pean countries. COUNTRY: SIZE: TOTAL ENTREPRENEURIAL NATIVE VS FOREIGN: BARRIERS: PERCEPTIONS: ACTIVITY (TAP): How would-be entrepreneurs The percentage of enterprises by size: The percent of self-employed who are native vs foreign- born. The overall difficulty entre- preneurs face when starting a new business, with O being the easiest and 6 being the hardest. Entrepreneurial activity as a percent of GDP. perceive starting a new business in the current economy 1-9 employees 10-19 employees Feel optimistic about starting a new business in the next six months. Native-born 20-49 employees Foreign-born 50-249 employees Fear of failure would prevent starting a new businesss. 250+ employees =1 million entrepreneurs 11.3% (TAP) O Low> 1 5 High6 The numbers below the bar indicate the pecent being ilustrated 1998 2008 28% 37% 10.2% UNITED STATES 76.9% | 10.5% | 9.4% | 2% | 1.1% 3.5% 12.1% 26% 14% 15.5% BELGIUM 92.2% | 4.2% | 2.5% | 1% | .2% 6% 8.1% 50% 22% FRANCE 10.8% 92.3% | 4.1% | 2.4% | 1% | .2% 4.5% 10% 49% 24% GERMANY 9.5% 83.1% | 9.6% | 4.4% | 2.3% |.5% 4.3% 10.8% 42% 19% 16.4% HUNGARY 94.4% | 3.1% | 1.6% | .8% |.1% 5.1% 11% 26% 39% NETHERLANDS 11% 90% | 5.3% | 3% |1.4% |.3% 5.2% 16% 52% 25% 11.7% SPAIN 92.2% | 4.4% | 2.4% |.8% |.1% 3.7% 8.5% [data n/a] 10% SWEDEN 94.2% | 3% | 1.8% |.8% |.2% 6.3% 11.9% 36% 30% UNITED KINGDOM 13.4% 87.5% | 7.3% | 3.2% | 1.7% |.4% Sources: Entrepreneur.com, OECD.org, GEM.org
Entrepreneurship U.S and Europe
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