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Yes they do. However, the cultural and business environments in European nations are often different so it's not a perfect comparison. For example, in most coun
by pembrook 10y ago
Yes they do. However, the cultural and business environments in European nations are often different so it's not a perfect comparison. For example, in most countries you can't just start taking payments and call yourself a "sole proprietor." Creating a business involves money and time which can also be a deterrent.
A better study that could represent the effects it would have in the US looked at rates of entrepreneurship before and after people become eligible for Medicaid (age 65). After controlling for all other factors they still saw a sizable increase, and the 65+ age group is certainly far less likely to be first time entrepreneurs than younger age groups:
https://thinkprogress.org/universal-health-insurance-boosts-entrepreneurship-df5aef3cdbd0 https://thinkprogress.org/universal-health-insurance-boosts-...
- neuronexmachina 10y agoI think a closer cultural/business parallel to the US that also has universal healthcare might be Singapore. I know they have a vibrant startup scene, but I don't know of any quantitative comparisons.
- zyx321 10y ago>For example, in most countries you can't just start taking payments and call yourself a "sole proprietor." You could, if you wanted. The problem is that you can easily end up six or seven figures in debt if you fail. Having some sort of protection in the form of an LLC or GmbH is generally preferrable.