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Memo to entrepreneurs: location counts if you want to start a business

Was one of your New Year's resolutions to finally start your own business? If so, there's growing evidence that suggests at least three things matter a lot: location, location and location.

A broad set of international data compiled and analysed recently by the Organisation for Economic Cooperation and Development, a Paris-based policy research organisation, shows huge variation from one country to another in the business of starting a business, even within Europe. Public attitudes, paperwork requirements, supply of capital, the dynamics in each sector - all show perplexing variation, and can make it easy or hard to get your venture going.

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