If entrepreneurial performance were an Olympic sport, Denmark and Canada just stole the gold medal from the perennially favored United State. The U.S. lands third in a report from the U.S. Small Business Administration's Office of Advocacy, which evaluated 71 nations in terms of entrepreneurship and performance.
“The global perception of the country as a land of opportunity and as the mecca for individuals wanting to do something new and different seems to be somewhat challenged by the facts,” wrote the report's authors, Zoltan Acs of George Mason University in Fairfax, Va., and Laslo Szerb of Hungary's University of Pécs. Those facts, according to their report: Stacked against other major economies, the U.S. lacks high-growth business and cultural support for entrepreneurship and is frail in the technology sector.
The weaknesses caused the United States to rank an unlikely sixth in entrepreneurial attitudes — society’s feelings toward entrepreneurship, based on education and social stability — and eighth in entrepreneurial activity: what citizens are doing to improve the quality of human resources and technological efficiency.
Best country for entrepreneurs? Hint: Not the US. - CSMonitor.com
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