Are the Nordic countries really less innovative than the US?

Maliranta MikaMäättänen NikuVihriälä Vesa

Do the ‘cuddly’ Nordic countries free ride on the ‘cut-throat’ incentives for innovation in US-style economies? Don’t PCs, the internet, Google, Windows, iPhones and the Big Mac speak for themselves? This column argues that, despite a higher overall tax burden and more generous safety nets, the Nordics have generated at least as much – if not more – innovation than the US. So far, ‘cut-throat’ capitalism has not been the only road to an innovative economy.

VoxEU.org

Julkaisun tietoja

Päiväys
19.12.2012
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Englanti
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