The Blockchain Phenomenon – The Disruptive Potential of Distributed Consensus Architectures

Blockchain technology is disrupting society by enabling new kinds of disintermediated digital platforms. Furthermore, it is also providing efficiency gains on top of old existing structures by removing the need for actively intermediated data-synchronization and concurrency control. Due to this dual effect, blockchain technology has the potential to impact all sectors and layers of society, […]

Offshoring R&D

Abstract This paper explores offshoring of firms’ research and development functions. Our analysis employs a previously untapped and unique Eurostat International Sourcing Survey. The results are easy to summarize. First, the magnitude of R&D offshoring is small. Second, a large majority of R&D is offshored within the enterprise group, in contrast to offshoring outside of […]

Globalization Threatens One Quarter of Finnish Employment

We find that one quarter of Finnish employment is highly susceptible to offshoring in the next decade. That is, one in four jobs are easy to move abroad. The share is large. Offshorable workers are often highly educated. And innovators are particularly offshorable. In international comparison, our findings for Finland are similar to those in […]

The Blockchain Phenomenon – The Disruptive Potential of Distributed Consensus Architectures

Blockchain technology is disrupting society by enabling new kinds of disintermediated digital platforms. Furthermore, it is also providing efficiency gains on top of old existing structures by removing the need for actively intermediated data-synchronization and concurrency control. Due to this dual effect, blockchain technology has the potential to impact all sectors and layers of society, […]

Offshoring R&D

Abstract This paper explores offshoring of firms’ research and development functions. Our analysis employs a previously untapped and unique Eurostat International Sourcing Survey. The results are easy to summarize. First, the magnitude of R&D offshoring is small. Second, a large majority of R&D is offshored within the enterprise group, in contrast to offshoring outside of […]

Globalization Threatens One Quarter of Finnish Employment

We find that one quarter of Finnish employment is highly susceptible to offshoring in the next decade. That is, one in four jobs are easy to move abroad. The share is large. Offshorable workers are often highly educated. And innovators are particularly offshorable. In international comparison, our findings for Finland are similar to those in […]