Unlocking the entrepreneurial spirit
Tuesday, January 15, 2013 - 06:20
in Mathematics & Economics
Being your own boss is an aspiration for many Europeans - almost 4 out of 10 people in fact. The prospect of a potentially better income, independence and the freedom to work wherever and whenever is a highly attractive prospect for millions of would-be entrepreneurs. Yet fears of failure and bankruptcy, and the risk of an irregular income mean many people keep their aspirations as a pipe dream. This fear factor is responsible for the drop in those becoming self-employed by 20 % within the last 3 years, mainly due to the current economic climate. However, the European Commission hope to change this: the European Entrepreneurship Action Plan aims at bringing growth and employment back to Europe.