Question: Given that most entrepreneurial start - ups fail, why do entrepreneurs start so many new firms? Why are ( most ) governments interested in promoting
Given that most entrepreneurial startups fail, why do entrepreneurs start so many new firms? Why are most governments interested in promoting more startups?
Some suggest that foreign markets are graveyards where entrepreneurial firms overextend themselves. Others argue that foreign markets represent the future for SMEs. If you were the owner of a small, reasonably profitable domestic firm, would you consider expanding overseas? Why or why not?
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