Stopping The Brain Drain Of Entrepreneurs To Western Europe GettyIn 2017 the European Commission published a report highlighting the importance of boosting innovation across the European Union, after statistics emerged highlighting the clear east-west divide in entrepreneurship across Europe. The European Index of Digital Entrepreneurship Systems (EIDES) aims to rank each of the 28 EU Member States across a range of metrics to gauge their ability to support entpreneurialism. No lack of talentWhat is not lacking in these countries is technical capabilities, with Coursera's Global Skills Index highlighting the strong technical skills in many eastern European countries. Spreading the netOf course, providing budding entrepreneurs with business-related skills is a relatively small part of building a successful startup. A recent survey from Startup Heatmap highlighted how many entrepreneurs from central and eastern Europe are flooding west in the hope of growing their business.

Source: Forbes October 17, 2019 12:22 UTC