Territorial Review Copenhagen - Region Hovedstaden

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Municipalities in the Copenhagen metropolitan region score well in
national entrepreneurship benchmarks. All 98 municipalities in Denmark
have been benchmarked on different aspects of entrepreneurship.
Municipalities in Copenhagen rate the highest for entrepreneurship. Thirteen
of the 20 highest-ranked municipalities are in Copenhagen. The municipality
with the highest entrepreneurship ranking is Horsholm, a suburb to the north
of Copenhagen; the city of Copenhagen ranks second, and Frederiksberg
third. Among the indicators taken into consideration are start-up rates,
growth entrepreneurship rates and global orientation. The city of
Copenhagen ranks first when it comes to global orientation and second with
respect to start-up rates; it scores slightly less well on the indicators for
growth entrepreneurship: 7 th regarding the share of enterprises with more
than 60% turnover growth in three years; and 11 th with regards to enterprises
that grew to over 20 employees in three years (REGLAB, 2007).
Table 1.12. Entrepreneurship in the Capital Region in comparison with
Denmark (2001-03)
Capital Region (%) Denmark (%)
Entrepreneurship rate 5.3 3.9
Start-up rate 10.2 8.4
Survival rate 78.8 80.6
Growth entrepreneurship rate 3.7 3.6
Global orientation 29.8 25.7
Growth of employees 9.7 12.9
Source: Danish Enterprise and Construction Authority; www.regionalt.dk. The
entrepreneurship rate refers to the share of entrepreneurs in the total population. The
start-up rate in this figure refers to newly created businesses as a percentage of total
businesses in an area.
The entrepreneurship rate among immigrants is relatively low. Selfemployment
is often used by immigrants as a means of escaping
marginalisation in the labour market, but the self-employment figures for
immigrants are comparatively low. Although there are no formal obstacles
to self-employment in Denmark directly related to immigrant status, it may
be more difficult for immigrants to obtain loans. This is probably related to
the fact that most immigrant entrepreneurs start up in sectors with low entry
barriers and intense competition, such as restaurants.
Generally supportive conditions for entrepreneurship
Denmark is one of the easiest places in the world to do business. It ranks
first in the business environment ranking of the Economist Intelligence Unit
and fifth in the World Bank‘s Doing Business ranking. Denmark has the