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Publications (3)
Blog
Wim Naudé and Adam Szirmai Nobody can be left in any doubt as to the importance of innovation for prosperity on reading[i] that ‘People living in the first decade of the twentieth century did not know modern dental and medical equipment, penicillin, bypass operations, safe births, control of...
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...
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