Saturday 25 November 2017

We need to rediscover entrepreneurial spirit

Irish businesses don't do enough to support each other, the results of a new survey have shown
Irish businesses don't do enough to support each other, the results of a new survey have shown

Richard Bruton

Ireland has many great entrepreneurs but, perversely, Ireland is not a great country for entrepreneurs.

The contradiction runs deeper. We were recently awarded the title of best country to run a business by 'Forbes' business magazine, but for a combination of reasons the Irish start-up or entrepreneurial spirit doesn't seem to match this title.

A few international comparisons paint a clearer picture. In 2012, the international Global Entrepreneurship Monitor (GEM) report highlighted the fact that Ireland had the lowest percentage of aspiring entrepreneurs, at eight per cent, of the whole of the European Union.

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