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Publications (3)
Blog
– Lessons from Finland
Otto Toivanen At least since the 1950s it has been recognized that innovation is central to economic growth. It has also been well understood that innovations both generate and rely on externalities. These twin facts, together with market failures most often thought to arise in financing of...
Blog
by Markus Jantti Finland is now a solid member of the European Union and the OECD. While Finland is not one of the richest countries, as measured by GDP per capita, its economic performance has been quite adequate. Finland is far from the top of the 'league table of aid donors and lies behind both...
– International Evidence and Implications for Economic Development
The often-advocated view that the information technology revolution will change the world must stem from the basic premiss that investment in IT has a visible impact on productivity and economic growth. But how can we measure this impact and how large is it? By surveying previous studies and by...
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