COPENHAGEN: The figures also showed that Danish business investment in research and development has increased by 15 percent since 2010, which is less of a spike compared to what Sweden (18 percent) and Norway (32 percent) saw during the same period (see graph below).
Finland, meanwhile, has seen a nearly 30 percent decrease since 2010 – a downturn that has probably been spurred on by the demise in the fortunes of telecom giant Nokia.
Pyndt complained that one of the issues hampering further growth in Denmark was the state cutting 700 million kroner in funding to Innovation Fund Denmark – a stalwart when it comes to supporting research and development in business.
“In particular, it is the smaller companies that have a serious need for these kinds of schemes to get over that wall and grow.
