Publications

Working Papers 101

Breakthrough Innovations and Productivity: An International Perspective

Kuusi TeroNevavuo Jenni
In this paper, we shed new light on the productivity impact of breakthrough patents, as well as their role
Reports 137

Imports of Services and Offshoring

Ali-Yrkkö JyrkiKuosmanen Natalia
According to our results the imports of services to Finland have increased. The share of services in total imports
Other publications

Macroeconomic Impact of Climate Change on Public Finances

Valkonen TarmoKuusi TeroPohjola JohannaSillanaukee OtsoKuusela Olli-PekkaLehmus MarkkuLintunen JussiSarkia KatriFronzek Stefan
Macroeconomic Impact of Climate Change on Public Finances
This project provided an overall picture of the effects of climate change and mitigation on the sustainability and risks
Academic Publications

Assessing Components of Uncertainty in Demographic Forecasts with an Application to Fiscal Sustainability

Alho JuhaLassila Jukka
When the future evolution of demographic processes is described in a stochastic setting, the challenge is to communicate the
Other publications

Trade Barriers in International Trade

Ali-Yrkkö JyrkiKaitila VilleKuusi TeroPajarinen Mika
Trade Barriers in International Trade
Companies quite often face trade barriers in their international operations. According to our survey results, 41 per cent of
Reports 136

The Number of Employed Immigrants Has Increased in Finland

Kangasharju AkiKauhanen AnttiKalmbach AinoValkonen Tarmo
The decline of working age population makes it difficult to find employees. In this report we analyze the evolution
Briefs 119

Did Digitalization Increase the Resilience of Societies During the COVID-19 Pandemic?

Kässi OttoAli-Yrkkö JyrkiHirvonen JohannesPajarinen Mika
The gross domestic product of countries with high levels of digitalization decreased less during the first year of the
Working Papers 100

Inter-industry and Intra-industry Switching as Sources of Productivity Growth: Structural Change of Finland’s ICT Industries

Kuosmanen NataliaKuosmanen Timo
Structural change is an important driver of productivity growth at the aggregate level. While previous productivity decompositions account for
Other publications

AI Diffusion Monitoring among S&P500 Companies: Empirical Results and Methodological Advancements

Mucha TomaszSeppälä Timo
With the increasing pace of digital technology innovation and commercialization, monitoring commercial diffusion of technologies becomes more important for
Reports 135

Are Global Value Chains Changing?

Ali-Yrkkö JyrkiHirvonen JohannesPajarinen Mika
According to a company survey, global value chains are changing. Even though big changes were expected during the Covid
Reports 134

Efficiency and Well-being at Work – with Knowledge Towards Balanced Work

Kuusi TeroKulvik MarttiHärmä MikkoRopponen Annina
This project investigated how register data on daily working hours and hospital patients can be used to measure the
Briefs 118

Tools to Promote Productivity in Finland

Koski HeliMaliranta Mika
We present an overview of the recent productivity development in Finland. In particular, we focus on what distinguishes companies
Reports 133

Study on Completing Multiple Higher Education Degrees in Finland

Virtanen HannaVanhala Pekka
This brief provides descriptive evidence on completion of multiple higher education degrees in Finland. In the year 2020, there were
Reports 132

Immigration and the Adequacy of Labor Force – Evaluation of the Economic Effects

Alho JuhaKangasharju AkiLassila JukkaValkonen Tarmo
This Report analyzes the impacts of population ageing on the Finnish economy and the possibilities to avoid its negative
Other publications

EU’s Fiscal Framework – Identified Shortcomings and Proposed Remedies

Puonti Päivi
Fiscal rules seek to limit the tendency of governments to run deficits, to steer them towards countercyclical and sustainable
Briefs 117

What Explains the Reduction of Greenhouse Gas Emissions of the Finland’s Manufacturing Sector?

Kuosmanen NataliaMaczulskij Terhi
Energy-intensive industry is one of the largest sources of greenhouse gas emissions in Finland: its share in the total
Working Papers 99

The Role of Firm Dynamics in the Green Transition: Carbon Productivity Decomposition in Finnish Manufacturing

Kuosmanen NataliaMaczulskij Terhi
This paper investigates the importance of firm dynamics, including entry and exit and the allocation of carbon emissions across
Other publications

Foundation Model Use for Technology Diffusion Monitoring

Mucha TomaszSeppälä Timo
Foundation models (FMs) challenge our assumptions about how organizations can develop and use machine learning (ML) technologies in their
Working Papers 98

R&D and Productivity in Finnish Firms

Valmari Nelli
Productivity of the Finnish private sector decreased during the financial crisis of 2008–2009 and, since then, productivity growth has
Other publications

Augmented Scholar: Opportunities and Threats (Not Only) for IS Scholars

Mucha TomaszSeppälä Timo
It is hard not to notice the proliferation of machine learning (ML) techniques in research and practice. Organizations globally
Briefs 116

Reigniting Growth Through Innovation: Challenges and Answers

Kuusi TeroAli-Yrkkö JyrkiHelanummi-Cole HeliKoski HeliKovalainen AnneKässi OttoPoutanen SeppoValmari Nelli
The Reigniting growth through innovation project, funded by Business Finland between 2020 and 2022, addressed the key challenges to
Academic Publications Publications

Ex Ante Predictability of Rapid Growth: A Design Science Approach

Hyytinen AriRouvinen PetriPajarinen MikaVirtanen Joosua
Abstract We develop a machine learning (ML) procedure that enables a venture capitalist to optimize deal sourcing and to
Briefs 115

Forest-based Production in Finland: Conclusions and Recommendations of the FutureForest2040 Project II

Kulvik MarttiLintunen JussiKunttu JanniOrfanidou Timokleia
Forests can be seen as a source of wood raw material and bioenergy, a recreational area with health benefits,
Briefs 114

Management Practices and Use of Finnish Forests: Conclusions and Recommendations of the FutureForest2040 Project I

Kulvik MarttiLintunen JussiKunttu JanniOrfanidou Timokleia
Forests can be seen as a source of wood raw material and bioenergy, a recreational area with health benefits,

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