The overall objective of the NORWELL project is to scrutinize the current competitiveness of the Nordic Model, identify key challenges, recommend evidence-based policy solutions. For more information, please visit the project homepage.
Finland has advanced from a technology follower towards a technology leader. Firms’ technology choices are increasingly risky. For various reasons there may be too little experimentation and risk taking compared to the social optimum. This calls for a policy intervention. We develop numerical models for (pre-)evaluating alternative policies.
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