Well, Sweden is indeed one of the known tech powerhouses. But this just seems to prove the parent point, as there are many places in the world with similar population/quality of life/etc., but none of them come even close to Sweden/Israel/Bay Area in terms of tech.
It depends on how you define tech. The Netherlands are small (16m people) and world leaders in Agritech. We've got some decent tech companies in general (Philips, Booking, NXP, TomTom) and of course Shell / Unilever.
You can probably say something similar about Finland or Ireland.
Philips? The same company that sold me 15W grow lights while claiming they were 40w? I don't trust that company as far as I can throw it after that bit of outright fraud they pulled on me.