Entrepreneurship is one of the most important input in the economic development of a country as it contributes in the wealth creation and increasing of the standard of living of people in the country. While a developing country needs more and more entrepreneurs, entrepreneurs too need a suitable environment for starting up a business or to continue its operations which the residing country provides.
Japan tops the list of the best country on the Entrepreneurship subranking of the 2019 Best countries ranking . These rankings considered the cost and speed of starting a business in each country, as well as attitudes toward risk, and the willingness of companies to embrace disruptive ideas. This implies that Japan provides the best environment and resources to support an entrepreneur.
The rankings are based majorly on the metrics like Human Capital Investment, Policy Dynamics, Research and Development, Technical Workforce and Entrepreneurial Infrastructure.
Talking of India our own country, India stands on 29th position in the Entrepreurship rankings of 2019, which means few countries do have more entrepreneurial potential than India. The youth of India is full of talent and is enthusiastic about businesses in India. India has the advantage of having a huge market which means enough customers for the products and services. Some of the world’s most entrepreneurial countries find themselves that way simply by virtue of being underdeveloped and lacking other opportunities.
Thus, it is fair to say that India being a developing country can provide the willing entrepreneurs a supportive and benevolent environment!
Japan tops the list of the best country on the Entrepreneurship subranking of the 2019 Best countries ranking . These rankings considered the cost and speed of starting a business in each country, as well as attitudes toward risk, and the willingness of companies to embrace disruptive ideas. This implies that Japan provides the best environment and resources to support an entrepreneur.
The rankings are based majorly on the metrics like Human Capital Investment, Policy Dynamics, Research and Development, Technical Workforce and Entrepreneurial Infrastructure.
Talking of India our own country, India stands on 29th position in the Entrepreurship rankings of 2019, which means few countries do have more entrepreneurial potential than India. The youth of India is full of talent and is enthusiastic about businesses in India. India has the advantage of having a huge market which means enough customers for the products and services. Some of the world’s most entrepreneurial countries find themselves that way simply by virtue of being underdeveloped and lacking other opportunities.
Thus, it is fair to say that India being a developing country can provide the willing entrepreneurs a supportive and benevolent environment!
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