“International investors have been drawn to Stockholm as a result of this, providing fertile ground for creativity and development,” Torstensson says.
Beyond social guarantees, Stockholm possesses other assets that help innovators seize opportunities created by globalization and the Internet, entrepreneurs and experts say.
An entrepreneurial culture, based on the global successes of companies using innovative engineering, such as Ericsson, and new business models, such as Ikea
A geographical concentration of business-savvy investors, dealmakers, entrepreneurial role models, incubators and science parks
Government investment in broadband in the 1990s, which spurred early adoption of information and communications technologies.
Stockholm & Lund, two hotspots in Sweden to follow.