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Thu, 03 May 2012 12:38:09 GMT | By By Jason Buckland, MSN Money
The world's best countries for entrepreneurs

8. Denmark (tie)



JYSK is a Danish retai chain that sells mattresses, furniture and decor. (© Andrew Tolson / Macean's Magazine / The Canadian Press)
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  • The failing of small businesses contribute to the erosion of the middle class.
  • Ryanair CEO Michael O'Leary grew his company without leaving Dublin. (© London News Pictures / Rex Features)
  • News Corp. boss Rupert Murdoch started his business in Adelaide, Australia. (© Matt Dunham / The Associated Press)
  • JYSK is a Danish retai chain that sells mattresses, furniture and decor. (© Andrew Tolson / Macean's Magazine / The Canadian Press)
  • Many biig name companies, like Hyundai, got their start in South Korea. (© Frank Augstein / The Associated Press)
  • Canada is home to many major consumer brands from Tim Hortons to Flickr. (© Boris Minkevich / Winnipeg Free Press / The Canadian Press)
  • Slovenia.
  • Armani is just one of many luxury companies started in Italy.
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Barrier to entrepreneurship index: 1.15

Denmark is home to plenty of landmark companies, including high-end audio manufacturer Bang & Olufsen and beer maker Carlsberg, though few names exhibit the way the Danes can grow a business more than JYSK. The retailer was founded in 1979 by Lars Larsen, who opened his first store in the Danish city of Århus. Some 30 years later, Larsen has managed to maintain control of his company, which now sells mattresses, furniture and home décor, making him one of the country's wealthiest people. Today in Canada there are some 45 JYSK stores across the nation.

* Video: How a female entrepreneur thrived under Taliban rule

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