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

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