Current problems of setting up a busines Free Essay, Term Paper and Book Report
Entrepreneurship is a hot topic these days. It features frequently in discussions among policy makers, academic researchers, and even in more mundane talk shows. There is a large consensus that entrepreneurship is good and should be encouraged. There is also growing scientific evidence that entrepreneurial activities matter for employment, productivity and, ultimately economic growth.
The OECD has focused increasingly on entrepreneurship in the context of its broader reflection on the sources of economic growth. Let me start by briefly summarizing the key findings that have emerged from our research. It will make clear why we increasingly focus on entrepreneurship.
• First, there is a significant gap in GDP per capita between the US and most other OECD countries (Fig.1). And it reflects to a very large extent a productivity gap. Some countries, like France and Belgium, may seem to have higher productivity than the US. But this is a statistical artefact, stemming from the large proportion of unskilled workers being out of employment and thus not registered in productivity statistics......
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