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BizWorld Updates Monthly Draper Innovation Index Global Nations Compete to Land in Top Ten of Best Places Globally to Launch a Startup
Denmark Falls Sharply in DII Global Top 10 Canada, Australia and Sweden Rise in Top 10 Norway Continues to Slide
South American Countries See Long-Term Positive Innovation Trends
Jamaica, Ukraine, Belize, Ecuador Climb
Nigeria, Mexico, Egypt, Jordan, and Turkey Fall
Oakland, California – BizWorld announces its July 2024 update to the Draper Innovation Index Global (DII Global), which evaluates each nation’s ability to develop, support, and retain entrepreneurs, innovators, startups, and investors. First published in 2021, the DII Global provides the most well-rounded and up-to- date look at entrepreneurial environments across the globe.
“This month features a spotlight on high-performing South American economies,” said BizWorld founder Tim Draper. “Countries such as Uruguay, Argentina, Paraguay, and Chile, which have all risen by dozens of ranks since we started the Draper Innovation Index, speaks to the impact that sound economic freedom policy can have. The DII Global rankings powerfully demonstrate that many South American countries have made major progress within fairly short time periods. In other words, if new leadership pursues economic freedom policies, nations can make a real difference in their entrepreneurial and innovation environment and therefore in the lives of their citizens.”
Top Takeaways from the DII Global July 2024 Update
South American Highlight on DII Global Emerging Innovation Rankings
Since the start of the DII Global, several South and Central American countries have seen considerable improvements in their scores, largely due to new economic freedom policies
“Leadership embracing economic freedom and crypto-friendliness were key factors in driving increased venture capital momentum and economic growth,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “Collectively these countries have made notable strides putting economic freedom at the top of their respective policy priorities. As seen in most of the countries at the top of the global rankings, economic freedom, openness, and transparency are the best foundations for stable long-term economic success.”
The DII Global will release monthly updates to continually reflect the latest developments in global innovation and entrepreneurship, available here.
About BizWorld
BizWorld.org is a global non-profit organization based in Oakland, CA, whose mission is to enable youth from all backgrounds to unlock the power of entrepreneurship to create career opportunities, inspire self- reliance, and build confidence that drives economic prosperity globally. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/
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