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Publications (13)
Blog
Why does a mother from a poor African village not send her daughter to school, but instead marries her off to an old man as a second or third wife? This way poverty is inherited from parent to child. Or why does a boy from a remote village in a developed country, such as a Finland, drop out from...
Entrepreneurship and innovation are two of the most pervasive concepts of our times, yet there are still gaps in our understanding of the interactions between entrepreneurship and innovation, particularly in developing countries. This book is an attempt to fill this gap. It focuses on the...
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...
Working Paper
pdf
– A Finnish View
This article first reviews the economic rationales for innovation policy. It then describes the Finnish innovation policy and policy making environment. The Finnish policy is evaluated from the point of view of fostering entrepreneurship. R&D subsidies, the main tool of Finnish innovation policy...
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
Markus Jäntti and Juhana Vartiainen Finland is an example of a late but successful state-led industrialization that was carried out rapidly. The economic policy strategy that achieved this was a judicious mix of heavy governmental intervention and private incentives. Governmental intervention aimed...
Working Paper
pdf
This paper reviews Finland’s growth strategy in the postwar decades. Finland was able to initiate an impressive mobilization of resources during this period, reflected mostly in a high rate of capital accumulation for manufacturing industries. This was achieved by an unorthodox combination 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...
Book Chapter
– Unemployment and Mortality in Finland
From the book:
The Mortality Crisis in Transitional Economies
Displaying 13 of 13 results