Swedish business research productivity
Sweden experienced an increase in the ratio of granted patents to research and development spending (R&D) between 1989 and 1998, a period when R&D spending grew rapidly. The ratio of patents granted to R&D spending (research productivity) increased by 40% over the period, and the ratio of quality-adjusted patents to R&D exhibited an even more impressive increase of 60%. Sectors with especially high research productivity and quality-adjusted research productivity include low and medium technology manufacturing, chemicals and transportation. However, the growth in quality-adjusted research productivity was primarily generated by the high-tech pharmaceuticals and electronics industries. The service-based sectors experienced a significant increase in R&D spending over the period, but the research productivity decreased. Copyright 2011 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.
Volume (Year): 20 (2011)
Issue (Month): 4 (August)
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