I've read this, but I don't know if it's true other than my own anecdotal experiences. But the reason that so much innovation comes from America because the it'

I've read this, but I don't know if it's true other than my own anecdotal experiences. But the reason that so much innovation comes from America because the it's so damn easy to start a business and take risks while having protection from the law. I can (and have) started businesses in under an hour with full legal protection of the law. That is, my personal assets are separated from my business assets. This includes getting a bank account and federal tax ID number. In the state of Nebraska this costs around $125. In other words, it's dirt cheap to do so. I've also been told that officials are not as corrupt in other countries. I can't verify this, as all of the foreign countries that I've visited has been for leisure. It could also be stated that it's in our culture and our DNA... that if you work hard you too can live the American Dream and prosper. Obviously, that's not always the case, but that statement is repeated quite often from peers, schools, and businesses so maybe some citizens start to believe it i.e. self-fulfilling prophesy.