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These are the world's 16 most competitive nations for attracting and retaining entrepreneurs

Jan 21, 2019, 21:35 IST

Farmer Piet Warmerdam picks up a yellow tulip from a red flower field as its growth could damage the rest, in Den Helderin, Netherlands.Reuters/Cris Toala Olivares

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  • A huge part of economic success for any nation is ensuring that the best possible talent is in place in key industries, and that it stays there.
  • A survey from French business school INSEAD looked at four key categories for encouraging entrepreneurship and innovation: a nation's ability to enable, attract, grow, and retain entrepreneurship.
  • Major Western economies like the USA, Germany, and the UK are close to the top of the list, but smaller nations such as Switzerland, Luxembourg, and Singapore also feature.

A huge part of economic success for any nation is ensuring that the best possible talent is in place in key industries, and that it stays there.

But which nations are best at attracting talent in business? A new survey, conducted by French business school INSEAD and tech firms Adecco and Tata Communications, aims to find out.

The survey looked at four key categories for encouraging entrepreneurship and innovation: a nation's ability to enable, attract, grow, and retain entrepreneurship.

These four pillars were then sub-divided into categories such as the regulatory environment, quality of educational institutions, and quality of life. Each country was then given a score out of 100.

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Major Western economies like the USA, Germany, and the UK are close to the top of the list, but smaller nations such as Switzerland, Luxembourg, and Singapore also feature.

Check out all the nations with scores above 70 below.

16. Ireland — 70.15

15. Canada — 70.43

14. Germany — 70.72

13. Iceland — 71.03

12. Australia — 71.08

11. New Zealand — 71.12

10. Luxembourg — 71.18

9. United Kingdom — 71.44

8. Netherlands — 73.02

7. Sweden — 73.53

6. Finland — 73.78

5. Denmark — 73.85

4. Norway — 74.67

3. USA — 76.64

2. Singapore — 77.27

1. Switzerland — 81.82

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