Estonia is regarded as one of the most entrepreneurial nations on earth. What lessons can be learned about how entrepreneurs can be grown?
by researchers at the University of Texas at Dallas highlights the value of tapping into such an ecosystem. The researchers draw a comparison with an apple seed that has the potential to grow into something great, but that potential is far from guaranteed.
In addition to building such an infrastructure, however, the University of Texas at Dallas authors advocate greater guidance and support on how to set up a business, and indeed how to respond should it fail. Estonia was no different, with the population of the country falling from over 1.5 million in 1991 to around 1.3 million today. It’s a situation that was only made worse by the country joining the European Union, which granted citizens free movement to any of the 27 other member states . The country has responded to this potential brain drain in a number of ways, but foremost among them is the e-residency program that aims to create an army of digital citizens of the country.
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