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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

6. Korea (tie)



Many biig name companies, like Hyundai, got their start in South Korea. (© Frank Augstein / The Associated Press)
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  • Ryanair CEO Michael O'Leary grew his company without leaving Dublin. (© London News Pictures / Rex Features)
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  • 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.
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Barrier to entrepreneurship index: 1.14

Korea -- that is, South Korea, according to the OECD -- is the only Asian country to make this top 10 list, and in fact one of only two nations from the continent to have a lower (better) barrier to entrepreneurship index than the entire survey's median score. That other country is Japan, though South Korea has so many big names founded within its borders it's a wonder the nation doesn't score higher. Major corporations like Daewoo, Hyundai, Jeju Air, Kia and LG all began, and continue the bulk of their operations, inside South Korea.

* Bing: What companies are based in North Korea?

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