Research in Sweden
Sweden is among the nations worldwide that devote the most money to research relative to its population. Sweden's expenditures for R&D is total 3.26% of GDP.
The business sector accounts for around 70 percent and the higher education sector for 27% of this spending. Companies largely fund their own research, but receive some contributions from the government and abroad.
Public sector research funding
The public sector finances R&D through grants paid directly to higher education institutions (HEIs) and through support for research councils and sectoral research agencies. In addition, several research foundations have been started with public funds, providing research funding in excess of SEK 1.2 billion annually.
The Swedish Parliament grants R&D funds in all of the ministries' spheres of responsibility. The Minister for Higher Education and Research is responsible for overall coordination of research policy in the Government Offices. By far the greatest share of publicly funded research in Sweden is conducted in HEIs. Research institutes account for only a small share, which distinguishes Sweden by international comparison.
The information above and much more regarding research in Sweden is to be found at the website of the Swedish Research Council, a public agency under the authority of the Ministry of Education and Research.