Please choose any two countries of your choice and compare and contrast each on the Entrepreneurship Ecosystem $($factors are

listed below$).$ You will need to conduct research outside of your text to fully respond. Describe each of the following per the

two countries you choose. How are the countries similar? How are they different? What country is more conducive to

entrepreneurship endeavors and why?

Financial resources: Entrepreneurs must have availability to appropriate financing such as grants and subsidies, loans,

private equity, angel investors, venture capital funds, and so on$.$

Support from government: Entrepreneurs must have support from government policies that incentives entrepreneurship

by tax incentives, lower interest rates, loans, and the like. Some countries also offer government entrepreneurship

programs that provide entrepreneurs with access to tools, mentors, and educational resources.

Entrepreneurship Education: Certain countries provide entrepreneurship courses and training at primary and secondary

levels; and at higher education such as colleges, business schools, and other institutions.

Research and Development $($R&D$)$ transfer: The extent to which scientists and research will pass on their knowledge to

entrepreneurs involved in innovation. Many SMEs do not have their own R&D department so it is important they have

the opportunity to access knowledge from other resources.

Commercial and Legal Infrastructure: Entrepreneurs must be supported by a secure commercial and legal framework

supported by experts and advisors in property rights, accounting, legal, investment banking, and technology.

Entry Regulation: Entrepreneurs must be able to meet the regulatory costs of starting a new business as well as

undergoing administrative procedures. The extent of these costs and procedures is dependent upon two factors: market

dynamics $-$ the annual rate of change in markets; and market openness$-$the degree to which new businesses have the

freedom to enter new markets.

Physical Infrastructure: Entrepreneurs must be able to easily access or purchase at a reasonable price vital resources in

the areas of communication, land, office space, and transportation.

Cultural and Social Norms: Entrepreneurs tend to thrive more in an environment where they feel encouraged enough to

start a business, or have the confidence to choose entrepreneurship as a career path.