Austria Climbs to Fifth Place in Entrepreneurial Rankings

BusinessEconomy ♦ Published: February 7, 2013; 18:39 ♦ (Vindobona)

The world's largest entrepreneurship study reports rises in business start-ups in Austria.

Austria Climbs to Fifth Place in Entrepreneurial Rankings / Picture: © Vindobona.org

The Global Entrepreneurship Monitor (GEM) has highlighted Austria’s strengths as a place for doing business. With a TEA (Total Early-Stage Entrepreneurial Activity) rate of 9.6%, Austria took an impressive fifth place in a comparable group of 24 developed industrial nations from Europe, Asia and America. It also did well in an additional comparison of all participating EU countries:…