The provided transcript does not offer information about the implications of Beowulf's South Scandinavian setting for its origin beyond stating that the poem is of "northern European origin." Therefore, I cannot answer your question using only the provided transcript.
This video begins an exploration of Beowulf and the Anglo-Saxons. The first part focuses on the historical context of the Beowulf poem, its creation, and its significance in the study of Anglo-Saxon language and literature. The video also touches upon the poem's narrative beginning, introducing Beowulf's journey to Denmark.