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 growth. In Finland, excitement over startups have now lasted for a decade. Yet, no comprehensive information exists on startups, in part due to the fact that there are difficult to identify in the population of all firms. This project exploits newly-established employer-employee-owner data as well as recent surveys to throw light on the issue.
University of Jyväskylä and Statistics Finland are Etla’s partners in this project. The project is conducted jointly with the Competition, innovation and productivity programme at Etla.