This is a short list of the countries considered to be the most entrepreneurial. It is interesting to ask why countries such as Germany, Japan, US, UK and Switzerland appear in the top of the rank, while the bottom is dominated by African and Latin American countries. While the article does not present theories to explain why some countries are more entrepreneurial than others, it will be interesting to try to come to answers for such differences throughout the semester.
Marcelo, I also find the discrepancy very interesting. Particularly, I am very intrigued about what Chile is currently doing differently, as it is the only South American country inside the top 20 list. Also, I do not know if it helps, but I found that each region is currently focusing on the following areas:
Asia-Pacific: Increase export-focus among entrepreneurs
Europe: Help individuals perceive entrepreneurship opportunities
Middle East/North Africa: Reduce overall business risk
North America: Improve the visibility of entrepreneurs in their communities
South and Central America/Caribbean: Invest to develop new technology from within the region
Sub-Saharan Africa: Support post-secondary education
Marcelo, I also find the discrepancy very interesting. Particularly, I am very intrigued about what Chile is currently doing differently, as it is the only South American country inside the top 20 list. Also, I do not know if it helps, but I found that each region is currently focusing on the following areas:
Asia-Pacific: Increase export-focus among entrepreneurs
Europe: Help individuals perceive entrepreneurship opportunities
Middle East/North Africa: Reduce overall business risk
North America: Improve the visibility of entrepreneurs in their communities
South and Central America/Caribbean: Invest to develop new technology from within the region
Sub-Saharan Africa: Support post-secondary education
Interesting! The Economist has written extensively about how difficult it is for entrepreneurs to success in Germany, which has (traditionally, anyway) taken a dim view of failure, particularly when it comes to losing other people’s money. (Something which is viewed as a badge of honor in Silicon Valley!)
Perhaps this explains the recent difference: https://www.thelocal.de/20161201/one-in-six-entrepreneurs-have-foreign-roots
I found this article to be very interesting because Canada, who is ranked 7th, has been putting emphasis on attracting immigrants who are entrepreneurs. One way included changing their visa programs as a way to offer entrepreneurs a better chance at obtaining a visa. However, this article (https://www.thelawyersdaily.ca/articles/4330/federal-program-to-attract-more-entrepreneurs-to-canada-very-flawed-lawyer) discusses that the government’s requirements are so difficult to comply with that they usually use other immigration avenues to assist entrepreneurs who are considering moving to Canada. I would be interested to see how the countries ahead of Canada try to use immigration as a way to increase the number of entrepreneurs in their country.
That problem goes to the core of why I chose to investigate as well as create an honest evaluation of GSA Online search engine Ranker.