An analysis of the interaction between R&D expenditure in industry and industry growth in Sweden 1987-2007
This thesis disaggregates the ‘Swedish paradox’ with respect to Swedish manufacturing from 1987 to 2007. This is done by analyzing the impact of R&D expenditure in industry on industry growth of the manufacturing industry in Sweden from 1987 to 2007. A quantitative approach using panel-data from Statistics Sweden (SCB) and OECD is used to investigate the effect of R&D expenditure on econom