{"id":135079,"date":"2024-11-04T07:35:26","date_gmt":"2024-11-04T05:35:26","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/how-the-nordic-nations-could-become-europes-answer-to-silicon-valley\/"},"modified":"2024-11-04T07:35:26","modified_gmt":"2024-11-04T05:35:26","slug":"how-the-nordic-nations-could-become-europes-answer-to-silicon-valley","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/how-the-nordic-nations-could-become-europes-answer-to-silicon-valley\/","title":{"rendered":"How the Nordic nations could become Europe\u2019s answer to Silicon Valley"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/135079\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The Nordic countries along with the Baltic region are both leading contenders in the contest to become Europe\u2019s centre for digital technology. In the intensely competitive battle to reap the rewards from digital technology and innovation, Europe is constantly on the look out for new unicorns. These are the privately owned tech start-ups valued at more than $1bn (\u20ac920m).<\/p>\n<p>Such magical creatures traditionally thrive in California\u2019s Palo Alto city, which has come to be known as Silicon Valley. Among others, it is home to such global tech giants as Amazon, Facebook and Google. But Europe\u2019s own map of unicorn factories remains quite fragmented.<\/p>\n<p>Europe has the talent, it also has the money and the eco-system, yet it still lags behind when compared to the US and China. There has been an undoubted boom in unicorns since the term was first coined in 2013 by venture capitalist Aileen Lee to describe a privately owned, tech or innovative company valued at more than $1 billion. Then there were 39, but the number of unicorns globally had swelled to more than 1,200 by last year. According to Dealroom\u2019s figures, the United States is home to more than half of them, followed by China and the UK. And half of those in the US were created in Silicon Valley itself.<\/p>\n<p>So where is a similarly good ecosystem in the block to mint a herd of European unicorns?<br \/>\nWithin the EU, unicorns are particularly concentrated in Germany (which accounted for 30% of the total between 2008 and 2021), followed by France (15%) and Sweden (14%), according to a research paper commissioned by the European Commission in 2022.<\/p>\n<p>When the success stories are looked at by region, the Nordic and Baltic countries together emerge with the highest numbers of unicorn per capita. With a population of 27 million, the Nordic nations created 73 unicorns between 2013-23, which accounts for 17% of all Europe&#8217;s unicorns with only 4% of its population, according to data of Nordic-founded early-stage venture capital firm node.vc. \u201cThere&#8217;s been a lot of really, really strong companies coming out of a very, very small region\u201d, said John Elvesj\u00f6, Managing Partner at node.vc, adding that \u201cjust from Sweden alone, we have seen 39 unicorns, while Denmark has 16, Norway 11 with seven from Finland.\u201d<\/p>\n<p>Despite being a relatively small country, Estonia, with its population of around 1,355,375 is home to 10 unicorns including Skype, Playtech, Wise and Bolt, amongst others. Sweden, the main hub of unicorns within the region, has been ranked highest among the EU countries for its startup ecosystem by Startup Blink&#8217;s Global Startup Ecosystem Index 2024. The country has been named the 6th best country in the world to create a start-up, closely followed by Germany, France and the Netherlands.However, on this ranking, the country&#8217;s business environment was graded worse than last year, falling to 9th place from 5th in 2023.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/11\/03\/how-the-nordic-nations-could-become-europes-answer-to-silicon-valley\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/11\/03\/how-the-nordic-nations-could-become-europes-answer-to-silicon-valley\">Euronews Business<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/how-the-nordic-nations-could-become-europes-answer-to-silicon-valley\/\">How the Nordic nations could become Europe&#8217;s answer to Silicon Valley<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[555,696,16776,16777],"class_list":["post-135079","post","type-post","status-publish","format-standard","hentry","category-news","tag-csr-news-en","tag-europe","tag-nordic-country","tag-silicon-valley"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/135079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=135079"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/135079\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=135079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=135079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=135079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}