Among developed countries,_____ has the lowest rate of start-ups.

Question

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Japan has the lowest rate of start-ups among developed countries. The country has a highly traditional corporate culture, risk-averse attitude towards entrepreneurship, and limited access to venture capital. This has resulted in a low rate of new business formation compared to other developed nations. In contrast, the United States and United Kingdom have a higher rate of start-ups due to their business-friendly regulatory environment, availability of funding, and culture of innovation.

Among Developed Countries,_____ Has the Lowest Rate of Start-Ups