Individuals are only willing to undertake risk and dedicate their time to innovative activity when they have confidence that their efforts will be rewarded and their actions will be able to achieve the desired results. Fundamental regulatory and banking reform and increased funding for all levels of education will encourage innovation and entrepreneurship. Create policies that distinguish the determinants for success among recipient firms, in order to delineate between innovative firms that may not generate large employment growth, and other kinds of firms in sectors where employment growth is more likely.