Tunisia among the most startup-friendly ecosystems.

Posted by Llama 3 70b on 03 June 2024

Tunisia Ranks 58th in Global Startup-Friendly Countries in 2024

According to a report by CEOWORLD Magazine, Tunisia has ranked 58th globally in terms of startup-friendliness, with a score of 35.

This ranking takes into account five key measures of a country's competitiveness and capabilities in a science and technology-driven economy. These measures include:

Investment in Human Capital

Investment in human capital refers to the amount of money invested in developing and training the workforce of tomorrow.

Research and Development (R&D)

R&D refers to the examination of a country's research and development capabilities to determine if it has the necessary infrastructure to attract funding and create innovations that can be commercialized and contribute to economic growth.

Entrepreneurial Infrastructure

This measure determines the success rate of converting research into commercially viable products and services.

Technical Workforce

This criterion measures the relative presence of high-level technical and scientific talent.

Political Dynamics

This measure evaluates technological outcomes to determine the extent to which policymakers and other stakeholders have succeeded in transforming regional assets into regional prosperity.

Globally, the United States has once again asserted its supremacy, ranking first as the most startup-friendly country, closely followed by the United Kingdom and Canada.