Why Does Sweden Have So Many Start-Ups?

“Sweden used to have a heavily regulated economy in which public monopolies dominated the market, which made it difficult for such replacements to occur, but regulations have since been eased. While Sweden was making it harder for monopolies to dominate the market, the U.S. was changing its regulatory landscape to favor big companies and established firms (largely through overturning anti-monopoly laws and permitting industry consolidation), argues Lars Persson, an economist at Sweden’s Research Institute of Industrial Economics who has studied new-business creation in Sweden.”

“Sweden also gives some credence to the controversial idea that cutting corporate tax rates can help stimulate entrepreneurship. The reforms of 1991 lowered corporate income taxes from 52 percent to 30 percent. (Sweden’s corporate tax rate today, at 22 percent, is much lower than the U.S.’s 39 percent, though few companies actually pay a rate that high.)”

“Before the 1990s, there was also little foreign competition in Sweden. Protectionist legislation prohibited foreigners from taking substantial ownership in Swedish companies, and fewer than five percent of private-sector employees worked in foreign-owned companies in the 1980s. Then, Sweden opened its market to foreign competition in the 1990s, which helped in a few ways. Instantly, there were more companies that could acquire mature start-ups, which added to the incentives to start new businesses; Mojang, the gaming company, for instance, was acquired by Microsoft for $2.5 billion in 2014. And inefficient domestic firms that weren’t able to compete with foreign firms tended to go out of business, creating a vacuum in which new companies could arise. The share of foreign ownership of Swedish companies shot up from 7 percent in 1989 to 40 percent in 1999.”




Higher Leaf adds voice to support for city council

Higher Leaf Marijuana Kirkland and Bellevue recently expressed their appreciation for the Kirkland City Council’s resolution to support for H.R. 3534, the State Marijuana and Regulatory Tolerance (SMART) Enforcement Act.”




Dow Constantine personally writes article attacking successful Woodinville winery over zoning issues





Statement from owner Jeff Otis on Woodinville Neighbors:

“I don’t want to justify our behavior, correct some of the content in this article, or try and clarify our intentions on this specific event. I’m just going to say I’m sorry to the local residents that this event upset. I want to represent Woodinville as best as I can, and promote our area to as many people as I can, so I feel bad that those efforts have angered and upset some of our neighbors. We are hopeful, of course, that King County will vote to enable us to continue running daily tasting room operations and continue hosting larger-scale events that bring our community together in some pretty cool ways. It sounds like that will no longer be through our annual White Party, and that’s okay. We’re happy to continue hosting live music nights and non-profit fundraisers and farm-to-table dinners and kids movie nights. But if King County wants to restrict the use of our property, and not allow for those types of gatherings, or not allow for us to operate a tasting room on our property, then we’ll respect their decision. But, I’m proud of what we’ve built. I’m proud of the model we’ve tried to showcase as an example of what can work moving forward. I’m proud of the organic farm we’ve planted on site, and the farm tours we are now giving to our wine tasting guests. I’m proud of the CSA program we’ve launched. I’m proud of the history we can teach our visitors about what Woodinville has always been. We are fully aware that long before Woodinville was wine country, it was farm country. And we think there’s an incredible opportunity to marry food and wine together in a rural, authentic, and natural experience that is so fitting for our region. I fear that Woodinville Wine Country is going to turn into Woodinville Wine City and completely miss what can be so special about our specific setting. As much as we like to champion being the “Napa of the North”, the reality is we don’t have vineyards here. We have farms. So the only way to produce a country-like experience for the hundreds of thousands of visitors we now welcome every year is to find ways to get farms and wineries and tasting rooms working together. And I still believe it can be done, and should be done. But we’ll find out.”