Originally written by Timothy Adler on Small Business
Estonia has the highest concentration of entrepreneurs in Europe, according to research.
Nearly one in five adults (19.4 per cent) see themselves as either a would-be entrepreneur or owner/manager of a new business in the Baltic state.
Montenegro (14.9 per cent) and Turkey (14.2 per cent) were in second and third place when it comes to the concentration of start-ups, according to tech supplier RS Components.
>See also: What Estonia’s youngest inventor can teach us about entrepreneurship
The UK by comparison ranked in 17th place in Europe with 8.2 per cent of the country being entrepreneurs. In fact, Britain lags behind Kazakhstan and Romania when it comes to entrepreneurial activity.
Top 20 countries with most aspiring entrepreneurs and new business owners
#Country%
1Estonia19.4
2Montenegro14.9`
3Turkey14.2
4Latvia14.2
5Israel12.7
6Netherlands12.3
7Slovakia12.1
8Kazakhstan11.3
9Lithuania11.3
10Austria10,9
11Romania10.8
12Luxembourg10.7
13Iceland10.6
14Ireland9.6
15Croatia9.6
16Georgia8.6
17United Kingdom8.2
18Portugal8.2
19Hungary7.9
20Switzerland7.4
Source: RS Components
What can the UK learn from Estonia?
Estonia ranks #1 in ease of its tax system
The International Tax Competitiveness Index measures how easy or not it is to run a business in different countries of the OECD, according to several metrics. Estonia has maintained pole position for several years compared with 25th-ranked Britain.
Digital-first administration
Estonia is recognised as the world leader for digital e-government and that has extended to registering a business remotely in Estonia without having