Given that most entrepreneurial start-ups fail, why do entrepreneurs found so many new firms?

Entrepreneurship

For this week’s assignment, address the following questions:
Given that most entrepreneurial start-ups fail, why do entrepreneurs found so many new firms? Why are (most) governments interested in promoting more start-ups?
Describe two ways in which foreign firms suffer from liability of foreignness.
Write between 500 – 750 words (approximately 1 – 2 pages) using Microsoft Word in APA style.