new business cities stockholm sweden


Stockholm has already produced Spotify and SoundCloud, and with nearly 700 high-tech companies located in its Kista neighborhood (Sweden's "Wireless Valley") the world can expect more tech innovations. The government spends on R&D (3.6% of GDP), and the country's world-class education system churns out a large pool of scientific publications and research. Intel, Symantec, and Oracle all have local offices, but lest you think Stockholm is studious and serious, please note that Angry Birds maker Rovio just opened a studio there.

Good for

  • Software
  • R&D/inventions
  • Business-friendly policies

  @FortuneMagazine - Last updated September 19 2012 05:43 AM ET
Join the Conversation
Facebook's China problem

CEO Mark Zuckerberg would like to reach the country's 513 million Internet users. Too bad local entrepreneurs have beaten him to the punch.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.