Last week, I wrote on why the US is the best place for entrepreneurship and cited that the attitudes of the people, who mattered the most (VCs, Angels, entrepreneurs, and legislators), as the primary reason for this. Refer: https://koonal.wordpress.com/2011/03/15/why-is-the-us-the-best-place-for-entrepreneurship/
I included a link to an article talking about the efforts of many to incorporate an easier startup visa for entrepreneurs.
Just today, UK had beaten the US to a Startup Visa. Check the article: http://techcrunch.com/2011/03/17/the-uk-beats-the-us-to-a-startup-visa-but-will-it-make-a-real-difference-tctv/
Will it make a difference? I think so. UK has taken a large step towards encouraging innovation in their country and that’s a fantastic thing. Will they overtake the US, in terms of innovation and entrepreneurship? I doubt it. The sheer number of people, the established entrepreneurship, and the venture capital already present in the US will be the differentiating factor. But that being said, I like how more than one country is opening the doors to innovation. Waiting for China, Brazil, India to follow.