Denmark is EU top performer on global entrepreneurship index

Denmark’s entrepreneurial ecosystem is the best in the EU and fourth best in the world, scoring top on opportunity for startups, technology absorption, human capital and competition, according to the 2019 Global Entrepreneurship Index.

Denmark is no. 4 in the world and no. 1 in the European Union in the Global Entrepreneurship Index 2019, scoring 137 countries on 14 pillars of a healthy entrepreneurship ecosystem.

Denmark’s strongest areas are; opportunity perception, opportunity startup, technology absorption, human capital, competition product innovation and risk capital.

“A healthy entrepreneurial ecosystem will drive total factor productivity through process innovation. The greater total factor productivity, the greater the economy’s capacity to create jobs and wealth”

- The GEDI 2019

Drivers for economic growth

The 2019 Global Entrepreneurship Index measures a country’s entrepreneurial ecosystem by combining individual data such as startup skills, risk acceptance and opportunity recognition with institutional measures, including urbanisation, education and economic freedom.

These measurements help distinguish self-employment and replicative entrepreneurship from the innovative, productive and rapidly growing entrepreneurial ventures that drive real economic growth.

Denmark offers one of the world’s most dynamic and attractive business environments. Denmark is one of the most digital countries in the world, it has an ambitious climate agenda, it is a great place for entrepreneurs, and Copenhagen is ranked one of the best places to live and work”

- Anette Steenberg, Investment Promotion Director, Copenhagen Capacity

The top ten countries for 2019 are:

  1. United States
  2. Switzerland
  3. Canada
  4. Denmark
  5. United Kingdom
  6. Australia
  7. Iceland
  8. Netherlands
  9. Ireland
  10. Sweden

About The GEDI InstituteThe GEDI Institute is a research organisation that advances knowledge on links between entrepreneurship, economic development and prosperity.

The flagship project of the Institute is the Global Entrepreneurship Index, a breakthrough advance in measuring the quality and dynamics of entrepreneurship ecosystems at a national and regional level. Read more about the Global Entrepreneurship Index here.

Want to know more about startups in Copenhagen?

If you want to know more about tech, entrepreneurship and startups in Greater Copenhagen, or if you think Greater Copenhagen sounds like a fit for your startup, please reach out to Oliver Hall, Head of Fintech & AI Investments, via e-mail: ohall@copcap.com or mobile: 0045 21 84 74 44.