India in most entrepreneur-friendly list
India along with Indonesia , the US , Canada and Australia , has been ranked among the nations with the best cultures in the world for people to start a new business, according to a global poll released today.
While India finds itself bracketed with the better ranked countries, Colombia , Egypt , Turkey , Italy and Russia are the least friendly to innovation and entrepreneurship, showed results of the 24-country BBC World Service poll.
The world’s two major economies — US and China — are also among the most favourable countries for innovation and creativity, according to the results. In both nations, 75 % say that their country values innovation and creativity — second only to Indonesia (85 %), and well ahead of other emerging economies such as Brazil (54 %) and India (67 %).
At the other end of the scale, only 24 % of Turks and 26 % of Russians and Egyptians say they feel that innovation and creativity is valued in their country. The results are drawn from a survey of 24,537 adult citizens across 24 countries, including Australia, Brazil, Canada, China, Egypt, France, Germany, India, Indonesia, Italy, Mexico, Nigeria, Pakistan, Russia, Spain, Turkey, the UK, the US, among others.
Most countries surveyed in Asia were found to have a well-developed entrepreneurship culture, and except Pakistan , all had good ratings on the entrepreneur-friendly index. Indonesia scored the highest ratings of all participating countries in the survey (2.81), just ahead of the US . India and Australia were ranked fourth (2.73) and fifth (2.72), while China and the Philippines also rate relatively high (2.66 and 2.62 respectively)....
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