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New report: Stockholm is Europe's hidden Silicon valley

the capital city of Slovakia Bratislava has the highest regional concentration of highly knowledge-intensive jobs – the so-called brain jobs. Oxfordregionen is the second and Stockholm, sweden, third, with 16.6 percent of the population of working age employees in the industry.

according to a new report, ”The geography of Europe's brain business jobs”, produced for the second year in a row by the research institute European center for entrepreneurship, and policy reform on behalf of the fund company Nordic Capital.

in the working age population that is employed in much knowledge-intensive firms has been extensively analysed in 31 european countries and 283 regions. The report focuses primarily on the proportion of jobs in the skilled branches as IT, telecoms and marketing.

Read more: Stockholm's most dynamic region in the Nordic region, according to new report

At the national level, Sweden is just behind Switzerland – and a lot of talking according to the report that Sweden can go on.

– the Reason is that growth in the digitisation and advanced services such as marketing, market analysis and specialized services to the head office. The knowledge-intensive jobs in Switzerland are, on the other hand, focused on the traditional high-tech, relatively speaking, stagnating, says the report's author Nima Sanandaji.

a wider profile and is well established in all sectors measured.

Tech has in short time become overtaken by it.

2014 was the most of the knowledge-intensive jobs in the techsektorn – the traditional high-tech industry – but already 2016 had ICT – information and communication technology – have become dominant.

– Tech has in short time become overtaken by it, " says Nima Sanandaji.

Innovation is the main factor for high concentration of knowledge-intensive jobs, closely followed by market efficiency. In third place is the disposable income, which shows that knowledge-intensive firms are drawn to regions in Eastern and Central europe where the skilled labour wages are lower than in northern and western Europe.

– the IBM Europachef said in an austrian article that ”as soon as the iron curtain fell we went to Slovakia and began to hire engineers and programmers”. We see more and more how German and austrian companies are doing it, " says Nima Sanandaji.

among the students in Eastern and Central europe are as high as in Sweden, " he says.

But the Swedish students are not as driven, they already have a good life. We can see it both in data and in real life.

– Through a combination of digitisation and traditional high technology, linked to a smart service offerings. We also have a different infrastructure for the innovative companies and a highly innovative entrepreneurship.

We have a different infrastructure for the innovative companies and a highly innovative entrepreneurship.

Read more: Earning a few bucks for a bit – he will now be deported

But Bratislava and Bucharest are in the pipeline, he says, Sweden and Switzerland should suit him.

"I think it is time for an awareness campaign, the eastern and central european capitals are important competitors to Stockholm, not only the subcontractors," says Nima Sanandaji.

also, according to the report, the benefits of having an advanced private sector, which invests heavily in new areas, as finansteknologi, computer games and environmental technology.

Stockholm has a twice as high concentration of knowledge-intensive job that other regions in Sweden. Although the knowledge-intensive jobs are more evenly distributed in Sweden than in other countries, so the success of Stockholm being one of Europe's hidden Silicon valley, says Nima Sanandaji.

– the Other nordic countries drops in the ranking, the gap with Sweden is widening. There needs to be an international cluster in the Nordic countries and it is more and more in Stockholm, which is a good bit of Copenhagen and is to become the Nordic centre for knowledge-intensive companies, " he says.

Fredrik Torehammar pointing out a number of problems: Stockholm has a severe labour shortages and difficult to recruit qualified personnel, the housing market is dysfunctional, the infrastructure should be built out and there is a great shortage in the office.

– And we may not have Europe's best climate. It wants to that we are extra sharp, and competitive in everything that we can affect, " he says.

want to see reforms, both on the residential and the area of taxation and a functioning labour migration, but so-called kompetensutvisningar.

Read more: Stockholm's reputation still in the top

Nima Sanandaji mention the high costs, high taxes and the great difficulties in getting a hold of somewhere to stay.

It must become more attractive for an indian programmer living in Stockholm, sweden, to attract talent across borders is important.

– It needs to become more attractive for an indian programmer living in Stockholm, sweden, to attract talent across borders is important. And we have no Oxfordhögskola, we invest not the money required to get a elitskola. Stockholm deserves a elitutbildning in the subjects it is about. It is a demotivator, " he says.

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