This week's quick fact
12/4/2009

Perceived opportunity is substantial despite a greater fear of failure. This fear of failure has increased appreciably in the U.S. and in the other GEM countries. Perceived opportunity has declined in the U.S. and in the other innovation-driven countries. It is important to note, however, that the decrease in perceived opportunity is only off its high levels of 2007. Thus, perceived opportunity is still substantial despite a greater fear of failure. This contrasts with the marked decrease across-the-board in GEM countries for individuals who expect to start a business in the next three years. --Global Entrepreneurship Monitor 2008 National Entrepreneurial Assessment for the United States of America, produced by Babson College and Baruch College

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