Technology Disruptions as Enablers of Organizational and Social Innovation in Digitalized Environment

This paper illustrates how disruptive technologies primarily shaking the functioning of service sector are spreading to the manufacturing industries, and vice versa, and further change the roles of consumers and users. Software and data that first transformed the provision of services now lead the transition of traditional manufacturing companies towards the production of smart, connected […]

Developments in new entrepreneurial activity in Finland

About half of all new business activity in Finland can be categorized as being entrepreneurial. The number of this kind of new businesses has not increased dramatically during the last ten years. However, the characteristics of these businesses have changed. Nowadays, new entrepreneurs have higher education background, they have more likely work experience from a […]

Characteristics of Finnish startups

In this study, we analyze the characteristics and development of Finnish startups based on firm-level data available in public databases. By startups we refer to young, small, and independent firms holding basic elements for growth. Some 4 000–5 000 of such firms are being established annually, of which 6–7% grow to employ at least 10 […]

Initial aspirations, size, and being a limited-liability company cause growth among startups

In this report, we study the development of Finnish startup firms based on both survey and register data. The sample includes all firms that were founded in the first half of the year 2005, and those firms have been monitored for eight years. We find that entrepreneurs in growth-oriented startups have had typically already some […]

Earnings-related unemployment security, employment and lifetime income

Earnings-related unemployment benefits weaken markedly the economic incentives for searching and accepting a job. This study estimates that the current Finnish unemployment insurance scheme lowers the number of employed by tens of thousands of persons. The scheme may also weaken the incentives of the firms to create new vacancies and thereby hinder the employment of […]

Situation of young NEETs needs better interpretation

Over the past months there have been lively discussions about Finnish NEETs, i.e. those young people who are Not in Education, Employment, or Training. Recent OECD calculations show that of all the OECD countries, the NEET share of people aged 20–24 is among the highest in Finland, 18.3 %. In addition, the share is reported […]

Technology Disruptions as Enablers of Organizational and Social Innovation in Digitalized Environment

This paper illustrates how disruptive technologies primarily shaking the functioning of service sector are spreading to the manufacturing industries, and vice versa, and further change the roles of consumers and users. Software and data that first transformed the provision of services now lead the transition of traditional manufacturing companies towards the production of smart, connected […]

Developments in new entrepreneurial activity in Finland

About half of all new business activity in Finland can be categorized as being entrepreneurial. The number of this kind of new businesses has not increased dramatically during the last ten years. However, the characteristics of these businesses have changed. Nowadays, new entrepreneurs have higher education background, they have more likely work experience from a […]

Characteristics of Finnish startups

In this study, we analyze the characteristics and development of Finnish startups based on firm-level data available in public databases. By startups we refer to young, small, and independent firms holding basic elements for growth. Some 4 000–5 000 of such firms are being established annually, of which 6–7% grow to employ at least 10 […]

Initial aspirations, size, and being a limited-liability company cause growth among startups

In this report, we study the development of Finnish startup firms based on both survey and register data. The sample includes all firms that were founded in the first half of the year 2005, and those firms have been monitored for eight years. We find that entrepreneurs in growth-oriented startups have had typically already some […]

Earnings-related unemployment security, employment and lifetime income

Earnings-related unemployment benefits weaken markedly the economic incentives for searching and accepting a job. This study estimates that the current Finnish unemployment insurance scheme lowers the number of employed by tens of thousands of persons. The scheme may also weaken the incentives of the firms to create new vacancies and thereby hinder the employment of […]

Situation of young NEETs needs better interpretation

Over the past months there have been lively discussions about Finnish NEETs, i.e. those young people who are Not in Education, Employment, or Training. Recent OECD calculations show that of all the OECD countries, the NEET share of people aged 20–24 is among the highest in Finland, 18.3 %. In addition, the share is reported […]