You can start from exactly the same facts: - X% are scammy - Y% are bringing something great - Z% are bringing yet another useless junk in shiny paper that pollute and had bad side effect - W% are making new discoveries - ...
In Europe, the first item will bring you -20 points, the second, +5 points, the third, -10 points, the fourth, +10 points, ...
In US, the first item will bring you -1 point, the second, +20 points, the third, -5 points, the fourth, +5 points, ...
So, at the end, the "goodness" of entrepreneurship is seen differently in the two sides.
I don't think institutions or other business are less scammy, or even that they are seen as better in Europe. Simply, if you score different paths, in Europe, the "entrepreneurship" path does not look that better than any other path, so why would you choose it.