At least we beat France at something

However, the report noted a “strong decline” in small businesses introducing innovative products, and said entrepreneurship was a weakness overall.
This situation could be tackled if Banks would lend money to SMEs. Transport and logistic costs are ridiculously high in this country (fuel and tax costs). Brain drain (young highly skilled people leaving the country).

This is great news but, as always, we should strive to do better. We should aim to be first in Europe.

We should be higher up the table. Our education system rewards learning things off, not creativity.
Also, a lot of our courses & supports are for the buzzword ‘entrepreneur’. Innovation & invention are precursors to entrepreneurship. I’ve never seen a sample business plan that mentions the cost of patents/product development/trademarks. The majority of help is only setup to help basic straightforward entrepreneurship like opening a clothes shop or hairdressers. Why are Engineer students given virtually no business training, these are the innovative students. At some point in education all students should learn how to set up a business.
I recall Tom Cruise in Risky Business where he was in high school doing a project for an entrepreneur class. That film is 30 years old. We are sooo far behind the curve.

So we’re just ok.

Not its not like that . Good at innovation , bad at administration

I’m a intelligent person with bright ideas but I need money to help me on my way. :-)

Pity our government can’t follow by example..

So…. We’re followers, just above average. Not what you’d really call good news, is it?

No its not

We’ll never have strong innovation and start ups if the governmentt keeps pandering to multinationals