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🇩🇰 Denmark /Technology

Denmark Is Good at Creating Startups, but Still Struggles With a Fundamental Challenge

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

Opinion Named sources Context piece
  • Denmark is among the world’s best countries for starting and running a business, according to the commentary.
  • The number of owner-operated companies has risen 38% since 2016.
  • Sine Linderstrøm argues that Denmark must improve conditions so companies can scale and stay in the country.

Denmark is one of the world’s best places to start and run a business. But once companies begin to grow, the country still struggles to keep them at home.

That is the central argument from Sine Linderstrøm, head of SMEs and entrepreneurship at the Confederation of Danish Industry. In the commentary, she calls for much better conditions so that more businesses are not only founded in Denmark, but also grow into large companies and remain there.

The country’s startup environment has shown clear progress. The organisation’s Entrepreneurship Barometer found that the number of companies run directly by their owners has increased by 38 percent since 2016.

For Linderstrøm, however, creating new businesses is only part of the challenge. Denmark must also become better at holding on to companies as they expand, rather than losing them when they reach a larger scale.

About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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