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Stockholm is the 6th most competitive knowledge economy in the world

Press release   •   Aug 19, 2008 10:00 UTC

Stockholm is the 6th most competitive knowledge economy in the world according to World Knowledge Competitive Index 2008. Stockholm is also the only European region among the top ten, otherwise dominated by North America.

Stockholm has also climbed two places from last year’s study, which is conducted by Centre for international Competitiveness at University of Wales.

“The Stockholm region belongs to the global top frontrunners, within sectors such as ICT, Life Sciences and Finance. WKCI 2008 is yet another proof of that”, said Sten Nordin mayor of Stockholm and chairman of the board at Stockholm Business Region.

The top rating is based upon gains across a range of indicators, in particular business R&D spending, biotechnology employment and higher educational spending.The study is a comparison between 145 regions in 19 countries. San José and Silicon Valley holds yet again the first position. The index has been based upon a large number of variables, such as productivity, number of employed in knowledge sectors, educational level, per capita private equity investment and number of patents.

For more information
Per Holmlund, PR Manager Stockholm Business Region
+46 (0)70-472 80 69, per.holmlund@sbr.stockholm.se

About Stockholm Business Region
Stockholm Business Region is the official investment promotion agency for the Stockholm region. Stockholm is one of Europe’s most dynamic regions. With continual high growth, world-leading clusters within life science, cleantech and ICT, and as a center for fashion and design, Stockholm is the natural capital city of Scandinavia.
www.investstockholm.com