They’re still really good at some things. For example, they have more entrepreneurs – people who organise and operate businesses – than any other country in the world. About one of every 13 Americans is an entrepreneur, according to The Economist. That’s almost 7.5 percent of the population! The Netherlands isn’t too far behind in the ratio of entrepreneurs to population at large (about 6.5 percent). However, less than 4 percent of us Brits are entrepreneurs and less than 3 percent of the citizens of France, Sweden, and Germany are so inclined.
Forbes.com postulates entrepreneurship in America can be attributed, in part, to the fact that the country is a magnet for venture capital. During 2012, the U.S. ranked second overall – ahead of Sweden and behind Israel – in venture-backed capital as a percentage of GDP, according to The Organisation for Economic Cooperation and Development (OECD).
With this said, the UK is one of the leading business locations in the world and the number one destination for inward investment (FDI) in Europe. A rich and diverse market with world-class industries including Life Science, ICT, Creative, Aerospace and Automotive engineering, the UK offers an attractive location for businesses with easy access to customers, product innovators, suppliers and partners.
Whether it is the manufacturing sector, the service sector or a company seeking to locate a specific business unit such as a European headquarters operation or an R&D facility, the UK’s business environment is a core component of commercial success for international firms.
- We are one of the top ten manufacturers in the world; and have the largest industries in Europe for Life Sciences, ICT and the Creative Industries.
- The UK is home to three of the top five globally ranked universities, including Cambridge, ranked number one and offers a strong skills base.
- The UK is at the forefront of the international digital revolution. It includes Tech City, which aims to make London the digital capital of Europe.
- The UK Government has set out plans for £200bn in infrastructure investment.
As one of the most cosmopolitan countries in the world, the UK provides a welcoming environment for international business executives and their families.
Source; UK Trade & Investment website