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Belgians are less enterprising, study says
Belgians generally prefer to find a job within an existing organisation rather than create one for themselves or for others, concludes a study on entrepreneurship and competitiveness by the World Economic Forum (WEF), De Tijd reports.
The WEF researchers looked at business behaviour in various countries. They examined how many people have set up their own business, how many of those people have the ambition to recruit 20 people in five years and how many have launched a new product or service. Belgium scored poorly on all three criteria.
The low number of start-ups in Belgium did not come as a surprise, according to the newspaper, as many new businesses are started out of necessity, because there are few job opportunities.
Less obvious is that Belgium also scores poorly on other points, such as ambition. Entrepreneurs in countries such as the United States, Ireland, Hungary and neighbouring countries were more ambitious, with a large proportion of the entrepreneurs reporting that they aim to hire at least 20 employees in the next five years.