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This is a common sentiment, but surprisingly it's quite easy to start a business in a country with a more developed social net because the failure consequences
by lawn 3y ago
This is a common sentiment, but surprisingly it's quite easy to start a business in a country with a more developed social net because the failure consequences are much less severe.
- pmorici 3y agoIt’s not a sentiment it’s statistics. Look at the number of successful businesses that result in wealth creation.
- lawn 3y agoFeel free to show statistics. Here's one that shows that Sweden has indeed been more entrepreneurial then the US (2019), see sources at the bottom: https://cepr.org/voxeu/columns/how-sweden-became-more-entrepreneurial-us https://cepr.org/voxeu/columns/how-sweden-became-more-entrep...
- boeingUH60 3y agoThat's how it looks in theory, but in reality, the countries with lesser social safety nets are where people start businesses most (look at the US compared to Europe). I think it has more to do with a culture that encourages and glorifies entrepreneurship than the safety net.
- TacticalCoder 3y agoWhich is why the FAANG and Microsoft and all the tech really comes from France right?
- lawn 3y ago"Easy to start a business" does not mean "produce FAANG level".