> very interesting stats, but what are "high-tech rents to the EU and USA"?
Selling bleeding-edge tech, patents, software, chips, furniture etc. to EU and US firms at above-average profit rates. Swedish firms are quite competitive globally.
> also, how do stats distinguish capital inv. from R&D inv.? isn't it ALL
> capital?
Nope. Some goes to variable capital, salaries and benefits and whatnot; investment would include things like research plant and equipment, lab tools, etc. What the stats say is that Sweden, like the US, is investing heavily in high-tech, but not much else.
This isn't to say that investment is necessarily a good thing; a lot of it is ecologically toxic, and driven by the mania of accumulation. But countries which don't invest in their future have this bad habit of, well, not having one.
-- Dennis