Malmö is the capital and most populous city of Skåne County in the far South of Sweden. It is the third largest city in Sweden and constitutes, together with Copenhagen, the transnational Øresund Region which is the most densely populated area in Scandinavia. Malmö is classified as a global city and ranked 5th in Scandinavia by the Global Cities Index in 2012. It is ranked the fourth-most inventive city in the world, based on the number of patent applications per 10,000 residents and the 7th-most bicycle friendly city in the world, according to the Copenhagenize Index in 2013.
Malmö was one of the earliest and most industrialized towns of Scandinavia, but it struggled with the adaptation to post-industrialism. Since the construction of the Øresund Bridge, Malmö has undergone a major transformation with architectural developments. Which has attracted new biotech and IT companies and particularly students through Malmö University, founded in 1998. The city contains many historic buildings and parks, and is also a commercial center for the western part of Scania.