Nordic Capital introduces the ninth edition of the Brain Business Jobs Index | Nordic Capital
BBJ 2026 Cover

Nordic Capital introduces the ninth edition of the Brain Business Jobs Index

Europe’s knowledge economy continues to evolve, with smaller and medium-sized countries leading at national level, Central European capitals dominating the regional ranking and strong long-term growth across Southern, Central and Eastern Europe.

SEPTEMBER 22 2026

The ninth edition of the Brain Business Jobs Index, produced by the European Centre for Entrepreneurship and Policy Reform (ECEPR) with support from Nordic Capital, maps knowledge-intensive employment across 34 European countries and 244 regions. The study measures the share of the working-age population employed in highly knowledge-intensive businesses across technology, ICT, advanced services and creative professions, providing a picture of how Europe’s knowledge economy is developing over time.

Findings 2026

Switzerland remains in the lead, while Sweden and Denmark share third place

Switzerland remains Europe’s leading brain business economy, with 11.4 percent of working-age adults employed in knowledge-intensive jobs, followed by Ireland at 11.1 percent. Sweden and Denmark both stand at 10.4 percent, followed by Malta and the Netherlands. Estonia and Cyprus are also close to the ten-percent mark. All eight countries at or around this level are small or medium-sized European economies.

The UK returns to the index and leads among Europe’s larger economies

For the first time since Brexit, the UK is included again in the study. With 8.6 percent of working-age adults employed in brain business jobs, it ranks ahead of Germany at 8.2 percent, France at 6.5 percent and Italy and Spain at 5.6 percent.

Central European capitals continue to dominate the regional ranking

Bratislava remains Europe’s leading region, with 24.8 percent of working-age adults employed in brain business jobs. Prague and Budapest follow at 22.2 percent, with Lisbon in fourth place, ahead of Bucharest and Zagreb. Six of the top ten regions are in Central Europe, while Copenhagen and Stockholm represent the Nordics. Nine of the top ten are capital regions.

Southern, Central and Eastern Europe continue to record strong long-term growth

Since 2014, Cyprus has increased its concentration of brain business jobs by 159 percent, followed by Portugal at 110 percent and Croatia at 102 percent. Lithuania, Poland, Bulgaria, Romania, Malta and Estonia have also recorded increases of more than 75 percent over the period.

Brain business jobs remain linked to lower regional unemployment

The study again finds a relationship between knowledge-intensive employment and regional labour-market outcomes. Each percentage point increase in the share of people employed in brain business jobs is associated with 0.18 percentage points lower regional unemployment. This means that a region where the share is ten percentage points higher has, on average, unemployment 1.8 percentage points below that of the typical European region.

Rate of change in brain business jobs concentration
(per capita working-age inhabitants) between 2014 and 2026

Cyprus 159%
Portugal 110%
Croatia 102%
Lithuania 83%
Poland 81%
Bulgaria 78%
Romania 77%
Malta 77%
Estonia 76%
Slovenia 68%
Slovakia 65%
Spain 54%
Hungary 54%
Latvia 53%
Italy 48%
Greece 42%
Czechia 39%
Belgium 33%
Netherlands 29%
Austria 24%
Norway 23%
Germany 20%
France 18%
Sweden 16%
Finland 16%
Denmark 15%
Switzerland 12%
Iceland 3%
Luxembourg 3%

Source: ECEPR's analysis of Eurostat structural business statistics, short-term business statistics, and population data. For countries which long data series on brain business jobs exist.

For more information or questions, please contact the author Nima Sanandaji at nima@sanandaji.se.