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1. Europe has healthcare but not basic income. 2. Innovation and entrepreneurship are not the same thing. Innovation is coming up with something new, entrepren

1. Europe has healthcare but not basic income. 2. Innovation and entrepreneurship are not the same thing. Innovation is coming up with something new, entrepreneurship is starting a new business to make money. The former does not always lead to the latter, and the latter does not always require the former (in fact, it rarely does). 3. What the research in this study shows is that limitations of the financial and survival sort do not drive entrepreneurship.

cloudier 6y ago
The book "The Trap: selling out to stay afloat in winner-take-all America" discusses the effect of healthcare on entrepreneurship:[1] > It's a truism that American culture celebrates entrepreneurs. The opinion polls show exactly what you expect: Americans are incredibly entrepreneurship-minded. A 2005 survey showed that 28 percent of Americans have considered setting up their own businesses, compared to only 15 percent of Europeans. Yet the employment statistics reveal that Americans are far less likely to actually do it — 14.7 percent of the European workforce is self-employed, compared with only 7.3 percent of Americans. American entrepreneurs are clearly being held back from pursuing their dreams. > ... > What explains the paradox? In Europe working for yourself doesn't affect your health-care coverage...In America, the ambitious many are held back. [1] https://archive.org/details/trapsellingoutto00broo/page/108/mode/2up https://archive.org/details/trapsellingoutto00broo/page/108/...