Ireland ranks eighth as most Entrepreneurial Nation in World

Ireland ranks eighth as most entrepreneurial nation in world Ireland ranks as the eighth most entrepreneurial nation in the world, just behind the US, a new survey has found.

Ireland ranks eight

In Ireland, only 15% of the population not already involved in entrepreneurial activity said they planned on starting a business within three years.

The ranking looked at a number of factors, including fear of failure, availability of financing, education and early-stage entrepreneurial activity.  The ranking, which was compiled by US mergers and acquisitions broker Latona’s, was topped by Chile, with India, Guatemala, Canada and Luxemburg rounding out the top five.  Some 36 per cent of entrepreneurs in Ireland offer a product or service that no other businesses hold, compared with 48 per cent in Chile and Luxemburg.

Source:Irish Times

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