Competition, innovation, productivity

The Nordic Welfare Model after the financial crisis – Challenges and possible solutions (NORWELL)

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.  

Technology choices, experimentation and systemic changes: An economic perspective

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.