Countries with most number of flourishing startups and why: 1) United States - They want to be boss or nobody wants to employ them. Hence many millionaires in US never finish high school nor been to universities 2) Israel - Many have post-degree qualification (42% of workforce have Masters or PhD) and refuse to work for degree qualified bosses 3) India - Booming economy and IT sectors post 1990, poor working condition and low wages per inflation caused many Indian left their job to found their own way. 4) Australia - Australia strong economy undisturbed for 22 years produce many venture capitalist funding allowing new starts up to flourish faster. 5) Singapore - The education system produce some of best problem solvers on the planet allowing Singapore to see and solve problems 3 years ahead of most countries. 6) China & HK - The dominances of state own enterprise (SOE) in major sectors, hectic work conditions of corporate and society craving to become millionaires faster made many young Chinese to find a better working life. 7) Ireland - Many large companies (Microsoft, Apple, Google, etc) have setup office allowing local people to be trained in Fortune 500 environment who later left to found their own companies with this experience. 8) Switzerland - Referendum held for any decision in govt created a open mind, analytic society and acceptance to failure promote out of box thinking. 9) South Korea- Cheap and fast to start own company and everyone wants to be millionaire. 10) Chile - Booming prosperous country have more incentives to promote entrepreneur but now the incentives are one the reasons causing wealth gap.
Posted on: Wed, 09 Apr 2014 04:01:17 +0000