for venture capital, investors in Europe are looking to the United States rather than their own home nations. The reasons for this are simple. The U.S. offers lower risk and greater opportunity and has a pool of seasoned entrepreneurs who have a string of successful startups to their credit. In other words, the money follows the successes.
Ruth Simon and Graham Button (1990) reported that a survey of American chief executive officers revealed many of the attitudes and processes that American firms have used to succeed in the changing global economic order. Beginning in the 1980s, American businesses learned that their domestic future was l
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