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Scott Shane, the author of The Illusions of Entrepreneurship, breaks the myth that the U.S. is a country of entrepreneurs. Turns out that the U.S. is one of the worst countries to be an entrepreneur. The more wealth a country has the less self employment occurs. Wealthy countries have large companies the hire many people that can no longer consider self employment. Thailand, China and New Zealand are the three countries that have the highest rate of new business formation. This is a little scary for a student going back to school for entrepreneurship. I think I may minor in international relations!
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