> The Gulf Arabs are another group with a similar mentality but they don't have the population, freedom or education (yet) to do the same things
Correction, the Gulf Arabs don't. Their autocratic leadership is though. A frequent point of contention between government and public is the private sector - the government wants them all to join the private sector and even provides locals with seed funding for most kinds of businesses. But the locals are rather risk averse and would rather stay in the cushy public sector. The few who are entrepreneurial tend to be extremely entrepreneurial though, and they have a lot of the risk-enabling capital structure in place in Abu Dhabi and Dubai
Yes you're right. The broader population doesn't have that mentality and are, in fact, I would say on average quite lazy. It's a certain group among the elite (especially those foreign educated) who seem to really want to push the needle.
Correction, the Gulf Arabs don't. Their autocratic leadership is though. A frequent point of contention between government and public is the private sector - the government wants them all to join the private sector and even provides locals with seed funding for most kinds of businesses. But the locals are rather risk averse and would rather stay in the cushy public sector. The few who are entrepreneurial tend to be extremely entrepreneurial though, and they have a lot of the risk-enabling capital structure in place in Abu Dhabi and Dubai