Business renewal

Business renewal

The research of new technologies deals with the impact of the creation, emergence and application of new knowledge on businesses, industries and society. The focus is often on the discontinuities and changes related to technological development. Many of the programme’s projects are strongly interdisciplinary. Almost every project involves cooperation with companies or other stakeholders.

Personnel of the research group

Ali-Yrkkö, Jyrki

Ali-Yrkkö, Jyrki

Research Director, ETLA & CEO, Etlatieto

jyrki.ali-yrkko@etla.fi

046 851 0501

Value creation, global value...

Kuosmanen, Natalia

Kuosmanen, Natalia

Chief Research Scientist

natalia.kuosmanen@etla.fi

0451639660

productivity, business renewal, empirical...

Kulvik, Martti

Kulvik, Martti

Chief Research Scientist (Etlatieto), Researcher (Etla)
On sabbatical leave until 13th May 2023

martti.kulvik@etla.fi

041 543 3342

Knowledge, health care, technology

Pajarinen, Mika

Pajarinen, Mika

Researcher

mika.pajarinen@etla.fi

046 850 6244

Industry- and firm-level data...

Seppälä, Timo

Seppälä, Timo

Researcher, ETLA & Professor of Practice, Digital Operations, Aalto University

timo.seppala@etla.fi

046 851 0500

Global Value Chains, Supply...

Ylhäinen, Ilkka

Ylhäinen, Ilkka

Researcher

ilkka.ylhainen@etla.fi

050 413 3783

Knowledge, technology

Laurikka, Annu

Laurikka, Annu

Research Assistant

annu.laurikka@etla.fi

Selected research

Research began 2022 Research ends 2023

Crisis resilience of companies and improving it

The aim of this research project is to analyse the resilience of various companies and industries, i.e., their crisis resistance, the factors influencing it, and the ability to recover from a crisis. In addition, the project will look at

Research began 2022 Research ends 2023

The impact of foreign investments on critical intangible assets (Etlatieto)

This research project creates a situational picture of the effects of foreign investments on strategic and critical intangible assets. The results of the project help to outline how strategic/critical intangible capital can be defined, what effects foreign investments have

Research began 2022 Research ends 2023

Policy actions promoting productivity and the dynamics of the business sector

The main goal of this research project is to produce research data on how the actions of different policies affect productivity. It is particularly important to better understand the productivity effects of those policy measures that are central from

Research began 2022 Research ends 2023

Barriers to trade and their effects (Etlatieto)

During the last five years e.g. Brexit, COVID-19 crisis and trade wars have probably affected Finnish companies' international trade and barriers to trade. For this reason, Finland does not currently have a recent understanding of the barriers to trade

Research began 2022 Research ends 2023

Structural effects of carbon neutral transition on competitiveness and productivity

Combating climate change will require substantial productive investments around the world. This so-called carbon neutral transition requires both emission reductions in all sectors and the strengthening of carbon sinks. A carbon neutral transition will cause structural changes in production,

Research began 2021 Research ends 2023

Company Resilience in the Era of Globalization (CRIEG)

The 21st century has begun with an era of massive shocks to the world economy, with negative effects on practically all countries. The first major shock, the 2008 global financial crisis, originated in the US financial markets and rapidly

Research began 2019 Research ends 2022

BRIE-Etla 2019-2022

Shaping the Future in the Era of Intelligent Tools: AI and Beyond Over the past decades, information technology has driven societal development and economic growth. The continuing advance of digitalization has enabled individuals and organizations to leverage more and

Research began 2021 Research ended 2022

Exit – foreign acquisitions and the future of innovative companies in Finland

In the international research literature, foreign institutional investors have been found to have a positive impact on corporate innovation. Finnish data have shown that the patenting of companies is positively related to being the target of a foreign acquisition.

Research began 2021 Research ended 2021

Greenhouse gas emissions in the ICT sector: a value chain perspective

The manufacture of electronic devices and service infrastructures for digital applications are mainly located outside Finland. Over time, an understanding has emerged, for example, of how the value of electronic device manufacturing is distributed globally across different supply chains.

Research began 2021 Research ended 2022

How does the renewal of products and services affect firms’ productivity?

Productivity growth in Finland has remained low for more than a decade, but the reasons behind the stagnation remain unclear. Entry and exit of firms are generally recognized as important drivers of productivity growth. In addition to these well-studied

Research began 2021 Research ended 2022

Evaluation of the effectiveness of Team Finland Network

The aim of this research project is to evaluate the effectiveness of Team Finland Network, especially in terms of the effectiveness of the reforms made in 2018. The aim is to find out what is the added value of

Research began 2020 Research ended 2021

Value chains, international trade, and vulnerability of the economy (Etlatieto Oy)

The functioning of international trade is important for small open economies such as Finland. Changes in international trade shakes the Finnish economy, and due to our export structure, the economic swings are potentially greater than in many other countries.

Research began 2020 Research ended 2021

Reasons for Low Investment

Productive investments in Finland have long been lagging behind the euro area and Sweden. Finland's R&D intensity (R&D expenditure / GDP) has also fallen during this decade. The project analyzes Finland's intangible and tangible investments in relation to other

Research began 2020 Research ended 2021

Business R&D activities and achieving the 4 % R&D intensity (Etlatieto Oy)

The Government has set a goal of research, development and innovation inputs to increase to 4 % by 2030. The objective is very ambitious. Achieving it requires remarkable and properly targeted substantial efforts in both private and public sector.

Research began 2020 Research ended 2021

Financing of growth companies in Finland (Etlatieto Oy)

The purpose of this research project is to evaluate and recognise possibilities to both utilize EU's financial instruments for the development of Finland's growth companies financial markets and possibilities to replace business aids with more market-conform solution. The focus

Research began 2019 Research ended 2022

FutureForest2040 – Finnish forest industry’s structural changes and market and employment visions for 2040 (Etlatieto Oy)

The purpose of the project is by anticipating create a road map how the forest industry and related products, services and the use of wood will change in the next few decades. The results of the projects will significantly

Research began 2019 Research ended 2020

The footprint of health technology in Finland (Etlatieto Oy)

The project examines the overall importance of research-based healthcare industry companies for the Finnish economy. The current state of the industry is estimated and will be linked to the decade's evolution. In addition, future scenarios with policy implications will

Research began 2019 Research ended 2020

Structural competitiveness (Etlatieto Oy)

This research project aims to create a frame and instruments for structural competitiveness which can be utilized in monitoring Finland’s growth conditions. So called “competitiveness pyramid” is used as a frame in this project. This pyramid decomposes competitiveness into

Research began 2020 Research ended 2020

ICT and its energy consumption

The role of Information and Communication Technology (ICT) in the lives of people and organizations is continually more significant. Digitalization is present in both people-to-people communication and corporate business. Previous scientific research results indicate that electricity consumption of ICT

Research began 2019 Research ended 2020

Service Exports and Public Funding

We study service exports and the extent of companies that export services. The data by tax authorities enables us to generate new knowledge about the number of companies with service exports. Furthermore, we study the impact of Business Finland’s

Research began 2019 Research ended 2020

Impact of the digital economy on taxation in Finland (Etlatieto Ltd)

The aim of the project is to analyze digital economy and its impacts on taxation. The first phase of the project focuses on the measurement of the digital economy. The digital economy will be measured in value added terms

Research began 2019 Research ended 2020

Impact Study of Global Growth for Companies (Etlatieto Oy)

This research plan comprises a comprehensive impact study on how Business Finland (BF) has succeeded in achieving the objectives associated with innovation and business subsidy funding and global network services. The data will be analyzed by the two-stage method:

Research began 2020 Research ended 2020

On Artificial Intelligence (Etlatieto Oy)

The purpose of this research project is to produce an expert opinion assessing, on the basis of the "AI White Paper", the impacts of the European Union's artificial intelligence policy and regulation on the competitiveness and sustainable growth of

Research began 2015 Research ended 2020

DDI – Digital disruption of Industry

The Digital Disruption of Industry -project acronym: DDI, http://ddi.aalto.fi/en/) studies the impacts of digitalization to the Finnish society through the lens of the industry. The next industrial revolution has already started with digitalization making it possible to create intelligent

Research began 2019 Research ended 2021

Trends In Global Governance and Europe’s Role (TRIGGER)

The objective of the TRIGGER research project is to provide EU institutions with the competence and the tools required to address global challenges through international collaboration and global governance. A part of the project focuses on examining the possibilities

Research began 2018 Research ended 2020

Competitiveness and renewal of the construction industry (Etlatieto Oy)

Construction has many implications for the economy and society. Despite the relevance of the construction industry, business and market knowledge of the sector is lacking, and the cost and growth competitiveness of the sector is not well known. The

Research began 2019 Research ended 2019

Industry and data

Information and communication technologies (ICTs) have long been studied as a form of business investment. Data sharing is a newly popular type of collaboration between industrial companies. For the first time a research is focusing on the impact of

Research began 2018 Research ended 2019

Brexit – What kind of value chains are there between Finland and Britain? (Etlatieto Oy)

British exit from the European Union (Brexit), has raised questions about its effects. Both Sweden, Ireland and Denmark have made estimates about the consequences of Brexit. The effects of Brexit on global trade are not limited only to trade

Research began 2018 Research ended 2019

Artificial intelligence, robotics, and blockchains

A consortium has been established between VTT Technical Research Center of Finland Ltd, The Research Institute of the Finnish Economy (ETLA), Aalto University, University of Helsinki, University of Jyväskylä, Silo.AI, and TMikko with a research focus on artificial intelligence,

Research began 2015 Research ended 2018

Work and Wealth in the Era of Digital Platforms

Work and Wealth in the Era of Digital Platforms (acronym: BRIE-ETLA 2015-2018) studies implications of digital platforms on business strategies and national policies. It consists of international scholarly, business and policy relevant, research joint effort of BRIE, The Berkeley

Research began 2016 Research ended 2019

Smart Work in Platform Economy

Smart Work in Platform Economy (acronym: SWiPE) is the Academy of Finland and Strategic Research Council funded strategic research consortium, which studies how recent advances in digitalization changes content, quality, and quantity of human-performed work and implications of these

Research began 2014 Research ended 2018

Personalized health diagnostics and care

Etla participates in Salwe Ltd’s Get It Done -program by conducting cost-benefit analyses of new forms of health diagnostics and care in collaboration with the participating companies. The program creates new technologies and practices for healthcare professionals to provide

Research began 2017 Research ended 2018

Globally Competitive Business and Industry – Innovation‐led Export Growth – Impact Study (Etlatieto Oy)

In this study, we combine robust econometrics with interactive forms of data collection to form a detailed view on the impacts of Team Finland collaborators in innovation-led export growth. In our methodology we utilize our experts’ in depth understanding

Research began 2016 Research ended 2018

Blockchains Boosting Finnish industry (BOND)

Finnish blockchain ecosystem consisting of public sector, research organisations and companies fully exploits the potential of blockchain technology in their research, business and technology portfolio. Finnish blockchain development and solutions are internationally competitive and well-known. The overall objective of

Research began 2015 Research ended 2016

Hunger for growth: Private equity -backed companies as agents for change (Etlatieto Oy) [Completed]

The project studies the roles of two parties – the members of the Finnish Venture Capital Association (FVCA) as well as Tekes, the Finnish Funding Agency for Innovation – in supporting companies’ growth ambitions and actual growth in Finland.

Research began 2016 Research ended 2017

Economic role of startups?

The project studies the amount, quality and economic impact of startup entrepreneurs and their ventures. Even though large incumbent corporations are the cornerstone of the Finnish economy, startups are a necessary “feed” into longer-term creative destruction and thus economic

Research began 2016 Research ended 2017

Integrating platform competences toward network effects

Integrating platform competences toward network effects -project (acronym: iPlate) focuses on companies looking to tap into the network effects – using ecosystem and platforms value creation. The project identifies and strives toward unleashing platform competences that can be addressed

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