Small firms depend on entrepreneurs - the individuals who have the ideas and are willing to take the risks necessary to get a firm off the ground. europe needs more entrepreneurs and is looking at ways in which potential entrepreneurs may be encouraged to set up firms. first, there are cultural factors which discourage too many people from starting a business. we need to develop a more entrepreneurial culture, starting with young people and from school education. also there is too often a stigma attached to failure. second, the administrative requirements - are often a major factor in putting entrepreneurs off. third, entrepreneurs need to find it easier to attract investors.

from: "promoting entrepreneurship," european commission, may, 27, 2013.

according to the passage, why do european countries have a problem with entrepreneurs starting businesses?
a) there is too much investment capital.
b) no one knows how to start a new business.
c) the people are afraid of risk and failure.
d) there is too much competition from established businesses.