GEM Belgium and Flanders 2014 Report

  • Year of publication: 2016
  • Category: National Reports
  • Language: English
  • Upload date: 2016-05-26

No less than 11% of Belgian respondents want to start a new business within the next 3 years. However, a considerable gap remains between dream and reality, mainly due to fear of failure and a lack of self-confidence. It is also striking that people who start a new business effectively tend to do so based on necessity rather than opportunity compared to benchmark countries. Start-ups have rather low ambitions in terms of job creation and innovation. Nevertheless, the international mindset in Flanders is among the highest in Europe.