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Best countries for startups

9 pointsby amrithkover 16 years ago

7 comments

brkover 16 years ago
This is interesting, but I think it is missing some key points for technology startups (it seems to be more "new business" focused):<p>1) Availability of talent 2) Labor laws overall 3) Availability of ready market and spending power<p>I may be biased, but IMO the US is the #1 place in the world for technology startups when you factor all these things in.
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pchristensenover 16 years ago
Also 10 worst: <a href="http://money.cnn.com/galleries/2008/smallbusiness/0809/gallery.20_worst_countries_for_smallbiz.smb/index.html" rel="nofollow">http://money.cnn.com/galleries/2008/smallbusiness/0809/galle...</a><p>Congrats to Venezuela for being the only non-African country to make the list!
axodover 16 years ago
"It only takes 24 hours to set up a business in New Zealand, the speediest start-up time in the world."<p>How many companies do you need to setup???
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cestherover 16 years ago
Don't rely on the CNN piece, they have paraphrased the bugger out of the original report. [ <a href="http://www.doingbusiness.org" rel="nofollow">http://www.doingbusiness.org</a> ]<p>For instance there there significant differences between the US and NZ on labour issues, within the report US is rated 1, NZ - 14.<p>Whereas CNN says:<p>"As in the U.S. and Hong Kong, hiring and firing is relatively easy to do in New Zealand, with no mandated penalties, notice or severance payments for fired workers"<p>If yr really keen to discover more: <a href="http://www.ers.dol.govt.nz/" rel="nofollow">http://www.ers.dol.govt.nz/</a>
furiouslolover 16 years ago
You should base your startup where your market is.<p>If your business is tech related, it would be best to do it in the US since they have the largest spending power for tech-related services.<p>If you are a mining contractor, you should do it in Australia as they are rich in resources.<p>Follow the market.
erictobiaover 16 years ago
Any (non U.S.) folks with startups in the countries on this list? Is the article consistent with your experience?
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mojubaover 16 years ago
A curious fact: all English-speaking countries are in top 10. It would be interesting to speculate why.
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