Europe desperately lacking 'positive entrepreneurship culture'

EurActiv.com - Europe desperately lacking 'positive entrepreneurship culture' EU - European Information on Innovation & Growth

The EU must work towards changing its attitudes towards entrepreneurship and create a positive culture which encourages people to take risks, argued participants in the annual Microsoft SME day, which explored ways to make European SMEs flourish globally.
In a debate hosted by Microsoft during its fourth annual SME Day in Brussels on 12 June, entrepreneurs and policymakers exchanged views on how to promote European entrepreneurship and turn European start-ups into global star performers.
Under discussion were the main barriers to entrepreneurship in general:
Overly-complex business regulation and red tape;
the lack of positive entrepreneruship culture and acceptance of failure, and;
an insufficient financing framework around start-ups.