The government presents a research and innovation bill once every government term, and for the current term it will be presented in December 2024. But the ministers responsible have already announced that there will be a total investment of SEK 6.5 billion in annual increases.

That’s a lot of money – in fact, it’s one of the largest investments in recent decades. In 2023, direct government funding will amount to SEK 22.8 billion and total external research funding (government, private, national and international) will amount to SEK 29.3 billion.

Given that research policy did not seem to be a priority in the Tidö cooperation and that there are so many areas that need investment, it is very positive news that so much money is being invested in Swedish research. The government has also shown when and how it intends to distribute the investments. The new funds will be added in stages, with SEK 1.5 billion in 2025 and, as I said, SEK 6.5 billion in 2028.

Of the SEK 6.5 billion, just under SEK 4.9 billion will go to the research councils (VR, Formas, Forte) as well as Vinnova, Rise and the Swedish National Space Board. Just over SEK 1.6 billion will be distributed as increased basic grants to universities and colleges. VR alone will receive a larger increase (just over SEK 2.5 billion) than the higher education sector as a whole. One assumption is that this includes specific funding for large national research infrastructures.

This means that overall external funding for universities will increase. We currently have 62 per cent external funding, and with reasonable success in relation to the additional funding, this percentage will increase in the future.

A high proportion of external funding means a lot of quality-assured allocations, but also considerable transaction costs. There are many judgments to be made and, as always, the question is where the optimal balance lies: When does quality assured funding at project level cost more than the quality gain that this model of funding provides? I think we passed that point a long time ago.

Now that the government has decided to further increase external funding at the expense of basic funding, I would still like to see some innovations in the way research funding organisations work.

Large and long-term funding packages, perhaps focused on broader themes defined by researchers, preferably in collaboration between different higher education institutions; or

strong research career grants that give the most successful researchers more time to freely build successful research environments; or

investment in specific technology areas for the long-term development of innovation capacity, research and scale-up. The key words are long term, long term and long term!