What's the Friendliest Country for Entrepreneurs?
The United States placed second in a global survey about entrepreneurial cultures. So which nation came out on top?
Posted 5/ 31 11 at 10:00 AM | News, Starting a Business, International Business
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Entrepreneurs looking to take their business global should check out the results of a recent poll conducted by the BBC World Service that ranked the friendliest countries for entrepreneurship. The BBC polled more than 24,000 people from 24 different countries as part of a new programming series for its Extreme World franchise on TV, radio and the Web, looking at the degrees of entrepreneurial freedom around the world.And the winner is... Indonesia.
The BBC asked survey participants to evaluate their country based on four criteria: how highly innovation was valued, degree of difficulty for starting a business, perception of those who start businesses and ease of putting ideas into practice. Taking the mean scores to create an overall index of the most favorable countries for entrepreneurs, Indonesia came out on top, followed by the United States, Canada, India and Australia. On the other extreme, Russia, Italy, Turkey, Egypt and Colombia were seen as having the least entrepreneurship-friendly cultures. With the exception of Italy, all the developed countries surveyed received an above-average score for their affinity to entrepreneurship. In looking at the countries with developing economies, India, China and Nigeria were the three perceived by their own people as the most favorable to new businesses.
While the poll didn't provide evidence as to why people held the views they did, the BBC pointed out some surprising results that don't fully align with widely held perceptions of certain countries. For example, according to a BBC World Service article, labor laws in France are generally considered tough, yet in the poll, the country was seen as a good place for a new business. Similarly, Nigeria's problem with corruption did not interfere with its positive perceptions about entrepreneurship.
The BBC takes a more in-depth look at different entrepreneurial cultures and provides special reports on the United States and Russia on the Extreme World website.

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Comments (Page 1 of 1)
The USA is miserable with zoning, regulations, and seemingly endless government employees to look over your shoulder while picking your pocket. The litigation process is so foul and corrupt that an honest businessman doesn't have a chance if someone wants to ruin him or take his ideas. Solution...fire most of the self important government employees. Allow the government to only take 10% of your total earnings in taxes whether they be income tax, sales tax, or other encumbant taxes disguised as fees, insurance, etc. Make it mandatory that all able citizens be trained in the use of a pistol and make it mandatory they carry it wherever they go. Halt all immigration whether legal or illegal till we get a balanced budget and pay off the national debt. Stop all travel and visas for incoming muslims. Kick them out of our universities and our country. Do not let them stay here. Raise import tariffs on competing industries to keep jobs here. Prisoners pay for themselves or have their family pay. Otherwise they waste away in an unheated, uncooled concrete room with no exercise, no contact, no television, no cable, and the most basic of food, just enough to keep them alive, and only the most basic medical care. That is the way to rescue our country. Its not about white, black, hispanic, or any other group...its about the United States. Only the rich care about a global economy. We should only care about the United States.
SEEMS OKAY.. FOR WHAT YOU SAY.. ABOUT 50 % OF IT. I SAY WE CUT OFF ALL AID TO ALL COUNTRIES. IN 3 YEARS.. WE WOULD BE BACK DOWN IN MONEY OUT OF OUR FUNDS, LEAVE SOCIAL SECURITY ALONE, IN FACT.. PUT SOCIAL SECURITY INTO ITS FOLDER FOR FUNDING. WE WOULDN'T BE COUNTING PENNIES FOR SOC.SECURITY.. IF DURING THE REAGAN ADMIN. WOULD HAVE DONE SUCH.. BUT OF COURSE.. HE HAD THE CALIF. "KITCHEN CABINET" RUNNING THE GOVERNMENT WHILE HE SLEPT. ALSO.. WE KEEP BUSINESS OVERSEAS,, ONLY IF THAT COUNTRY GIVES US EQUAL FOR OUR EXPORTS TO THEIR COUNTRY. COKE, GE, SONY, ARE JUST SOME OF THE COMPANIES THAT SHOULD DONATE 10% OF THEIR "PROFITS" TO DISASTER RELIEF, LIKE JOPLIN, MO AND ALABAMA'S TORNADOES EARLIER THIS MONTH. IF WE PEOPLE THAT ARE RETIRED, CAN DONATE TO CAUSES, THOSE OVERSTUFF SHIRTS OF THE CEO'S FROM H***.. NO CEO IS WORTH 20 MILLION IN STOCK AND OPTIONS TO RUN A COMPANY WHEN THE UNIONSARE CUT OFF, AND EMPLOYEES ARE GETTING DIRT PAY.
It depends what "business" you are in. I myself would LOVE to pay even MORE taxes..........I F...the US government allowed legal online gaming for US citizens and residents. I'm pretty good at roulette, and often win at dice, (craps), and bacarrat. But it's NOT LEGAL at the present time, (except for high-odds games like horse-racing and fantasy sports -- which I, and most ordinary-income people can't risk). Playing cautiously, setting win and loss limits, not getting greedy....this is the way of the REAL pro, or semi-pro "gamer", (gamblers who practice their favourite games INCESSENTLY, and do NOT trust to "lady luck")....which, as a handicapped seniour citizen without a car, seems -- at prsent at least -- the only "business" open to me. But it's not legal! (Yet????) My mind is as sharp, (or sharper), than it ever was...and all I ask is a LEGAL way to easily make some money with my computer. I'm more than willing to share my winnings with the goverment in the form of taxes -- really! Because right now, I can't make any money legally this way at all! Tax me at TWICE the regular rate...I don't care, because at least I'd be able to make SOMETHING with my brains this way!
(And legalized online gaming can actually INCREASE a person's sense of responsibility, because making $200 a day equals $73,000 a year - IMPOSSIBLE to make at a two week "vacation" to LV or AC! AND THIS SENSE OF RESPONSIBILITY CAN BECOME PART OF OTHER ASPECTS OF A PERSON'S LIFE AS WELL!
So, as far as I'm concerned, ANY country that allows legalized online gaming and gambling is the best for (MY) business. And there are quite a few of these countries around. Sadly -- the USA, (land of the free???? home of the brave?????) is not now one of them. :_(
P.S. If you are at all interested in re-introducing legalized online casino gaming / gambling to the USA, please check out the following website:
www.ThePPA.org
This is the website of the Poker Player's Alliance -- which is trying to help ALL online gamers / gamblers. Free, as well as paying memberships are offered. We are dignified, we are serious, we want our freedom BACK!
Our company/business is interested in Advertising, but prefer to go piggyback advertising.[Like Sharing Ad]
How does this work .Any suggestions
Thank you
Jay
Jayseport@aol.com
THis poll is so wrong. The local goverments are idiots. They could care less about a guy trying to run a business. I used to be able to get a approval in two weeks for 50.00. NOW its two years and $50,000.
NO wonder business is going overseas. The goverment says no cause its easier. Let them try to run a business. Its horrible at the ground level. GOverment made this depression not its business people.