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Sweden Travel Guide
Science and Technology in Sweden

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Being an advanced industrial nation, research plays a key role for economic development as well as for society at large, Sweden's high-quality scientific and technological development is renowned throughout the world.

Altogether, the public and the private sector in Sweden allocate nearly four per cent of GDP to research & development (R&D), which makes Sweden one of the countries that invest most in R&D in terms of percentage of GDP. The standard of Swedish research is high and Sweden is a world leader in a number of important fields. Sweden tops Europe in comparative statistics both in terms of research investments as a percentage of GDP and in the number of published scientific works per capita.[102]

Though a relatively small country, Sweden has long been at the forefront of research and development. For several decades, the Swedish government, committed to strengthening R&D, has set high priorities on scientific and R&D activities. This strong engagement has helped make Sweden a leading country in terms of innovation.

For many years, Sweden has been a leading player among OECD countries in terms of its investments in and use of advanced technology. In international comparison, Swedish high-technology manufacturing is relatively large in all high-technology segments, and particularly in telecommunications and pharmaceuticals.

Statistics show that during the entire period 1970–2003, the Swedish national innovation system was among the leading countries in the OECD in terms of generating technological inventions, measured as international patenting in relation to population size. The statistics evaluating countries in terms of triadic patenting, i.e. patents assigned in the three patenting areas USA, EU and Japan, were even more outstanding. Only Switzerland reported a higher rate of triadic patenting.

Furthermore, Sweden ranked either as the first or second country publishing the highest number of scientific publications in the fields of medical science, natural science and engineering in 2001. Sweden was world-leading in medical science and second only to Switzerland in natural science and engineering in terms of the number of publications in relation to its population size.

In terms of structure, the Swedish economy is characterized by a large knowledge-intensive and export-oriented manufacturing sector, an increasing, but comparatively small, business service sector, and by international standards, a large public service sector. Large organisations both in manufacturing and services dominate the Swedish economy.

Source: Wikipedia Encyclopedia

 




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