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Publications (7)
Book Chapter
– The Riddle is Still There, But We May Be a Little Wiser
From the book:
Development Success
Working Paper
pdf
– The Riddle is Still There but We May be a Little Bit Wiser
The Nordic countries are often bundled together, as representatives of a ‘model’ which combines high living standards and an open market economy with social insurance and ambitious public services. Yet, the economic and political development of Denmark, Finland, Norway and Sweden towards this model...
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...
– 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
– What can be Learnt from the Successful Late Industrializers?
From the book:
The Role of the State in Economic Change
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