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That would mean that places where nearly everyone has safety nets (countries with welfare) would have a higher amount of entrepreneurship. That is not the case.
by Jommi 7y ago
That would mean that places where nearly everyone has safety nets (countries with welfare) would have a higher amount of entrepreneurship. That is not the case.
Entrepreneurship seems to strive in harsh do or die conditions like in US or Israel.
- SantalBlush 7y agoThis is a well-studied concept in labor and migration economics, but it's not about the "do or die conditions". It has more to do with tax competition and relatively lower wages, which tend to attract entrepreneurship, among other things. That's the prevailing theory, anyway.