Lower growth in Nordic R&D activity

Recent figures from the Nordic producers of R&D statistics show that approximately NOK 475 billion was spent on research and experimental development (R&D) in the Nordic region in 2020. Adjusted for inflation, this equals an overall increase from 2019 of just over 3 per cent. Sweden had the...

Full description

Bibliographic Details
Main Authors: Wendt, Kaja, Steine, Frøydis Sæbø
Format: Other/Unknown Material
Language:English
Published: NIFU 2021
Subjects:
Online Access:https://hdl.handle.net/11250/2831977
Description
Summary:Recent figures from the Nordic producers of R&D statistics show that approximately NOK 475 billion was spent on research and experimental development (R&D) in the Nordic region in 2020. Adjusted for inflation, this equals an overall increase from 2019 of just over 3 per cent. Sweden had the strongest real growth in 2020, followed by Finland and Denmark. Norway and Iceland had almost zero growth in R&D expenditure. Sweden also had the highest R&D share of GDP at 3.53 per cent.