Copenhagen (my former home turf) used to be not great, basically software engineering was/is considered low status and all the smart devs in corporations were steered to higher status, but less technical, roles like architect, consulting or project management (or other middle management). Denmark really bought into the idea that we're the ideas people, the grunt work can be done in India or Poland or whatever. Some successful software startups came out of there, like Endomondo, Vivino and Zendesk, but they moved their centre of gravity to the bay area at first opportunity. This has since changed, and from what I've heard there's a fairly happening startup scene there now (still an awful place to be a corporate dev, though).