Estonia has earned a global reputation as one of the world’s most startup-friendly economies. Here’s how Estonia became a global leader in startup innovation. Why Is Estonia Considered One Of The World’s Most Startup-Friendly Economies? Estonia is widely recognised as one of the world’s most startup-friendly economies because it has created an environment where entrepreneurs can start, manage, and grow businesses with minimal bureaucracy. Estonia has simplified the business formation process by combining efficient regulations with advanced digital services.