Each year, companies in the Gothenburg region invest around SEK 19 billion in research and development, R&D. This implies that the region accounts for 22 percent of Sweden's overall R&D investments.
Key players in this respect are large, research-intensive companies within the pharmaceutical and manufacturing industries, such as Volvo Group, Volvo Cars, AstraZeneca and Ericsson. Conscious efforts focusing on clusters and networks between trade and industry, academia and government also contribute to the Gothenburg region's leading position in R&D.
R&D creates added value
Companies' investments in R&D have a trickle-down effect on the economy of the entire region, strengthen international competitiveness and contribute to the growth of new, knowledge-intensive service companies. This is shown in a report produced by researchers at the University of Lund, commissioned by Business Region Göteborg.
There are currently around 40,000 people with qualified R&D competence within science and technology in the region, an increase of 200 percent since the 1990s and the fastest growth in Sweden. The flexibility of the workforce is significant, as the effect is the spread of knowledge between companies and industries, and from large companies to small. The report also shows that we account for a relatively high proportion of Sweden's patent applications - in terms of applicants whose place of work is in the region.
Did you know that…
… 7,000 highly-trained technology workers per year change employer in the Gothenburg region – which benefits productivity
… inventors whose place of work is in the Gothenburg region account for half of all Swedish patent applications within the transportation industry?
… one new high-technology job generates three new jobs in the local service sector?
… 61 percent of the country's overall R&D investments within the automotive and transportation are made by companies in the Gothenburg region?
Source: Business Region Göteborg