In Europe, why would an entrepreneur work hard? There is strong safety net provided by the Welfare state, it's simply not worth the risk.

No risk of going homeless if you fail. It's easier to give up.

Remove safety net, remove free healthcare, increase wages, remove payroll taxes, remove immigration restriction, add property rights so that foreigners can buy land and see the startups blossom.

It is as simple as that.

But pretty sure, most European will not be voting for this.