"When they now come out of college, it's an entrepreneurial, do-it-yourself culture," he added.

Such problems popped up when traditional phone companies bought wireless providers, which had more entrepreneurial corporate cultures.

It gave us an entrepreneurial culture - and held us to our promises.

We have an entrepreneurial culture and I think we will maintain that.

Yet subjective considerations also play a role, such as being seen as a "nice place to live" and having an entrepreneurial culture.

"We believe America's unique entrepreneurial culture is its most precious economic asset," they write.

They promise "to further develop the entrepreneurial culture in Québec" and provide government resources for the private sector.

Nevertheless, an integrated entrepreneurial culture is still missing at the European level.

If we do not innovate and develop an entrepreneurial culture as you designed, Europe will be on the menu.

Vedior has a decentralised management model designed to create an entrepreneurial culture.