business in sweden & usa
DOING BUSINESS IN SWEDEN
In the ever-increasing global market, Sweden hosts one of the most internationally integrated economies in the world. With a focus in technology-driven commerce, Sweden’s sizeable trade and foreign investment are only a few signs of the nation’s competitive business.
In addition to a notable business sector, Sweden focuses on the future through a qualified, highly-developed workforce and education system – Swedish schools and universities meet high international standards. Swedish society itself is reflective of the country’s widespread innovation in information technology.
This inventive technological pioneering stems from Sweden’s high expenditure on and investment in Research & Development (R&D). R&D is an integral part of Sweden’s economy, providing for the necessary breakthrough technology so vital to business. Due to this as well as Sweden’s commitment to education and Information & Communications Technology (ICT), Sweden is recognized as one of the world’s most knowledge-based economies.
Sweden’s business sector is unique for its large number of multinational corporations in relation to the relative size of the national economy. It is known for its innovational climate, its skilled and productive http://essayonlinewriter.com/case-study-writing/ work-force, and its openness and willingness to work globally.
- Sweden places third in economic competitiveness within the EU, after Switzerland and Denmark (Source: World Economic Forum, 2008-2009).
- Sweden is ranked as number four in economic competitiveness (Source: World Economic Forum, 2009-2010).
- Sweden is ranked number one when it comes to technological readiness (Source:World Economic Forum, 2009-2010)
- The highest internet penetration in Europe; 80% (Source: Invest in Sweden Agency)
DOING BUSINESS IN USA
The United States of America is a hub of economic progress and leads in virtually every high-technology field. With an industrial culture of business, the U.S. has the largehttp://https://www.sacc-usa.org/export-guides/st entrepreneurial marketplace made up of over 100,000 SME companies with which to do business. The U.S. is a prime place for international investment in that exactly one-third of the economy is dependent upon global successessay.co.uk market trade. With recent legislation pushing the U.S. towards “going green,” the American economy is pursuing more and more biotechnological and renewable resource routes in the recent years. The American communication system is also a vital and ever-expanding field with over 300 million people in a land 30 times larger than Sweden.
- The U.S. strives to provide diversity in the workplace, with many SME’s being owned by women and minorities. This equal-opportunity nation allows for a wide business and clientele base. Additionally, the entrepreneurship available in the U.S. employs over half of the nation.
With over 3,000 accredited colleges of business in the nation, the U.S. provides a competitive workforce (Source: U.S. College Search). Each year there are numerous graduates in the field of commerce, adding well-educated individuals to the growing numbers of businesses across the country.
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