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US has the most number of new entrepreneurs
Oct 15, 2013


US' economy may be down in the dumps, but when it comes to innovation the country clearly comes out on tops as today's chart shows. As reported in the Economist, one in 13 people in the US are entrepreneurs. In contrast, European countries such as Britain, France and Germany lag behind. Infact, innovation and entrepreneurship is one of the main reasons that catapulted the US to the status of a superpower in the past many decades. Companies such as Apple, Google and the like are testimonial to the fact. Sadly, the US government seems to be seriously lacking in innovation. Indeed, since the start of the crisis in 2008, all it has been able to come up with is money printing and more of it. And none of it has done much to pull the economy from the pit it has sunk into.

Data Source: The Economist

This Chart Of The Day was published in The 5 Minute WrapUp - Is there an economic crisis in India?

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