Publications

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,
Working Papers 97

The Labor-market Effects of Service Offshoring: A Synthetic Control Approach with High-dimensional Microdata

Kässi Otto
I use novel high-quality survey data on firms’ international sourcing activities combined with firm-level financial and linked employer–employee data
Other publications

The Global Polarisation of Remote Work

Braesemann FabianStephany FabianTeutloff OleKässi OttoGraham MarkLehdonvirta Vili
The Covid-19 pandemic has led to the rise of digitally enabled remote work with consequences for the global division
Working Papers 96

Mind the Gap – Assessing the Size and Determinants of the Life Insurance Gap

Ropponen OlliKuusi TeroValkonen Tarmo
Preparing for the monetary loss associated with premature death of the breadwinner has become more relevant during the COVID-19
Reports 131

Structural Changes in the Finnish Forest-based Sector, and Market and Employment Impacts in 2040

Berg-Andersson BirgittaKulvik MarttiLintunen JussiKunttu JanniOrfanidou Timokleia
Forests can be seen as a source of wood raw material and bioenergy, a recreational area with health benefits,
Briefs 113

Electricity Markets in a State of Crisis: An Overview of the Suggested Policy Measures

Kuusela Olli-PekkaLintunen Jussi
If the worst-case scenarios materialize during the upcoming winter months, electricity markets are in danger of plunging into a
Other publications

Returns to Vocational Education and Training

McNally SandraVentura GuglielmoVirtanen Hanna
Returns to Vocational Education and Training
What are the consequences of choosing the vocational track over the general or academic track in upper secondary education?
Reports 130

Public Debt and Economic Growth from the Perspective of Private Investment

Puonti Päivi
Corporate investment is crucial for productivity growth. When economic growth is sluggish and productivity growth weak, the government is

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