Businesses: Number of Luxembourg entrepreneurs above the European average | #Entrepreneurship #STATEC #Europe | Luxembourg (Europe) | Scoop.it
From www.wort.lu - October 24, 2017 12:51 PM
Luxembourg's entrepreneurs -- people running their own business for three months to 42 months -- made up 9.2% of the working population last year, Statec, the country's statistics office, said on Tuesday.

That compares with a European average of 8.6% and stable compared with previous years, Statec said in a statement. The study was carried out by the Economy Ministry and Chamber of Commerce as part of the international Global Entrepreneurship Monitoring (GEM) programme. 

"People running entrepreneurial enterprises in Luxembourg are primarily motivated by the desire for independence rather than economic necessity," Statec said. "The main aids to Luxembourg entrepreneurship are infrastructure -- physical and immaterial -- and the barriers are a shortage of office space and qualified employees."

 

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