September 16, 2010

THE STRANGE THING IS THAT WE'RE COMPETITIVE WITH THEM AT ALL...:

Best country for entrepreneurs? Hint: Not the US.: A survey of 71 nations placed the US third in entrepreneurial performance, after Denmark and Canada. (Brian Anthony Hernandez, September 15, 2010 , CS Monitor)

The slowdown in entrepreneurship can be traced back to several events, according to the report.

- The bursting of the technology sector bubble of the 1990s decreased the number of software companies and startups.

- The recent recession stalled business growth.

- Other countries are improving.

- Tighter immigration policies adopted after the Sept. 11, 2001, terrorist attacks control the stream of skilled workers into the U.S. and create disenchantment, particularly among immigrants.

β€œIn this respect, countries like Canada, New Zealand, and Australia have all been more pragmatic by giving strong incentives to attract educated, skilled workers to their shores – whether doctors, engineers, or academic researchers – and to keep them there with offers of residency and citizenships,” Acs and Szerb wrote.


...especially an isolated nation of 5 million Lutherans.

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Posted by Orrin Judd at September 16, 2010 5:54 AM
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