The Swedish R&D Paradox – The Basis for its Existence and its Policy Implications
This paper explores the validity of assuming the existence of a Swedish R&D paradox based on the relationship between R&D expenditures and economic growth, and what implications the existence of such a paradox ought to have on policies that concern R&D expenditure. Consequently, in the first instance, the relationship between Gross Expenditure on Research & Development (GERD) and G
