Why Is Entrepreneurship So Successful in the US?

Some of the most entrepreneurial people I've ever met in my life live in places where you would least expect to find it based on kind of preexisting notions about political, social and economic development. It's not going to work if you live in a society that's basically hovering over you so that it can confiscate whatever it is you manage to acquire. Part of the reason why we have been as successful as a polity as we have been is because of the regulatory structure.