Quick Notes on the Analysis of countries for Start-ups
Germany — 80 million big market, centre of Europe (400M), Berlin is the centre in Europe for start-ups — International flavour.
Several regions with individual characteristics.
German people are reluctant to take on new ideas and products.
Bureaucracy and regulations which can cause troubles for new start-ups. Language always a difficulty. Require networks, intermediaries are in place.
Zambia — Largest producers of copper, global prices are down, currency is weaker.
Quite easy to start a business but it is hard to sustain it.
Challenges — weak economy, falling currency, rolling power outages and lack of funding
Imports mean that fluctuation of local currency increase the prices of goods, 30% inflation unreasonable
Pakistan — Economic necessity for entrepreneurship. Few angel investors, or funding generally. Practically, have to make do with bootstrapping.
India — Emerging economies, huge population, huge potential with huge domestic market, investors do not like uncertainty — election, political uncertainty can affect entrepreneurship
Engineering companies rely on infrastructure investment
Supply chain point of view — China production costs are increasing — looking to produce in India more
Singapore — Emerging Asia — regional hub, high intellectual property protection and English language, Between India and China
Middle East — Governmental instability means investors are hesitant to invest, Cultural norms, Optimism, Parents frown upon children going into entrepreneurship instead of into fields such as medicine or engineering.
UK — Deregulated environment, flexible labour markets, well-funded elite universities, strong protection of Intellectual property rights. Supportive entrepreneurial ecosystem.
2011 — Micro-business Moratorium — a freeze on new regulation for start-ups and companies with fewer than 10 employees.
Why US is better than Europe for entrepreneurship — More rigid employment in Europe than in the US so harder to obtain periodic use of employees. Need to benefit the risk takers, easy to start-up.
