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Enterprise · Enterprise Biz Bytes · 17 Feb 2020 · 12:00 pm · 19 mins listen
For the last 20 or so years, workers in Sweden have enjoyed an unusual perk – a statutory right to take six months off and start their own business. The Right to Leave to Conduct a Business Operation Act is one of a series of rights afforded to Swedish employees, allowing them to take time off to study or care for a family member. It’s also one of the reasons the country’s capital, Stockholm, has become Europe’s start-up capital, second only to California’s Silicon Valley for the number of unicorns (billion-dollar tech companies) that it produces per capita.
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