Albanians neutral to entrepreneurship, survey shows

TIRANA, June 25 – Albanians are neutral when it comes to assessing the life cycle model for entrepreneurship, according to a World Economic Forum European survey on fostering innovation-driven entrepreneurship 2014.
Albanians perceive stand up which involves promotion of starting a venture or joining entrepreneurs at 3.3 which means neutral compared to very unfavourable for 1, somewhat unfavourable for 2, neutral for 3, somewhat favourable for 4 and very favourable for 5.
Start up which includes improvement of access to capital for business foundation is perceived at 3.1 while scale up, which involves identification and realization of mutually beneficial partnerships is estimated at 3.2.
Produced as part of the World Economic Forum’s project “Fostering Innovation-Driven Entrepreneurship in Europe”, the report addresses the challenge of lagging European
performance with regard to the region’s innovation capabilities and the conditions for scalable entrepreneurship.
Survey responses from across Europe show that participants perceive conditions to be most positive for the stand up phase. However the scale up phase is seen as far more challenging for European entrepreneurs, with only 41 percent of respondents saying that conditions are favourable in their country, compared to 63 percent of North American respondents.