Economic growth and well-being depend crucially on productivity growth. In Finland, however, the productivity has been weak over the past decade. According to a report published by the Finnish Productivity Board last September, one of the features that overshadows the prospects of productivity development is the relatively small number of high-productivity companies in Finland. International comparisons of the productivity dispersion of companies also show that the productivity dispersion of companies in Finland is small compared to companies in the comparison countries.
The aim of this research project is to produce research data on what kind of measures would be needed to support the development of Finnish companies into high-productivity companies and in this way to support the growth of the Finnish economy. The project will increase understanding of the topic and provide information to decision-makers on the best ways to promote the productivity growth and rise of Finnish companies to the forefront.
Previous studies have presented potential reasons for the low productivity dispersion of Finnish companies and the small number of high-productivity companies. However, there is still a lack of research-based overall picture of the differences in productivity between Finnish companies, and especially of the role of the largest and leading companies in productivity development. The previous study also does not provide a clear understanding of the role of various background factors in the productivity development of companies and what measures would be needed to accelerate the productivity growth of Finnish companies and develop them into companies at the forefront of productivity.
Etla is implementing this research project in cooperation with The Labour Institute for Economic Research LABORE.