Skype, Spotify, IKEA, Ericsson, Sobi, Elekta, Recipharm, the Nobel Prize along with a highly skilled and flexible workforce makes Sweden one of the coolest and most innovative places on the planet.
Academia, healthcare providers, research infrastructure including biobanks, incubators, investors and industry are all set to accelerate innovation and international collaborations within drug development and medtech.
At first glance, a number of factors are easily recognizable. Swedes are used to collaborating to get the job done. English is like a second language and up to date education in ICT and telecoms, clean tech, materials science, automation, law, finance, marketing/PR and transport/ logistics continues to provide a highly skilled workforce.
Similarly, the Swedish government is investing heavily in infrastructure. Any visitor can see that Sweden is among the most modern countries in the world, one example being that Sweden has the highest internet usage per capita in the world.
Despite the common perception of a high tax economy, Sweden is also in fact one of Europe’s most business friendly environments with a competitive corporate tax rate. Since Viking times, Sweden has also been a trading nation. Swedish companies embraced globalisation long before the term was even coined, with the result of Sweden being the world´s 6th most globalized country.