#466 Sweden 100%/3.7% R&D

#news #trendingThe empirical research provides different ways of analysing the role of knowledge in companies and its impacton regional growth. The starting point for this report is based on the theory of knowledge that is embodied inthe companies’ production function (drawn from e.g. Schumpeter 1934 and 1942, Arrow 1962, Chambers1988, Romer 1990, Grossman and Helpman 1991 and Hamermesh 1993). The theory relates to the wayincreased human capital (known as R&D work) in the production process results in increased productivityamong the workforce (Lucas 1988), but also to how an increase in R&D capital (through R&D investments)in production increases the companies’ ability to renew themselves (Romer 1990). In this respect, knowledgeis embodied in the theory in various formshttps://www.investingothenburg.com/sites/investingothenburg/files/downloadable_files/business-rd-in-west-sweden-2022_1.pdfhttps://www.paypal.com/paypalme/AVCORPORATELTD?country.x=GB&locale.x=en_GBhttps://www.avcorporateltd.co.uk