--- title: "Crises and Crisis Resilience – What Do We Know About Them?" authors: - name: "Ali-Yrkkö, Jyrki" url: "https://www.etla.fi/henkilot/ali-yrkko-jyrki/" sameAs: - "https://orcid.org/0009-0005-2977-6878" - name: "Kuosmanen, Natalia" url: "https://www.etla.fi/henkilot/kuosmanen-natalia/" sameAs: - "https://orcid.org/0000-0001-5258-5678" - "https://scholar.google.com/citations?user=K6U3xEgAAAAJ" - name: "Pajarinen, Mika" url: "https://www.etla.fi/henkilot/pajarinen-mika/" sameAs: - "https://orcid.org/0000-0001-9087-5991" - "https://scholar.google.com/citations?user=7sGKgwsAAAAJ" - name: "Ylhäinen, Ilkka" url: "https://www.etla.fi/henkilot/ylhainen-ilkka/" sameAs: - "https://orcid.org/0009-0009-1199-5780" date_published: "2024-03-11" series: "ETLA Muistio - ETLA Brief" series_number: "135" issn: - "2323-2463" jel_codes: - "F14" - "L8" language: "fi" publisher: "ETLA Economic Research" pdf_url: "https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-135.pdf" identifier: "https://www.etla.fi/julkaisut/id/ETLA-Muistio---ETLA-Brief-135" abstract_translations: en: "The Finnish economy exhibits greater fluctuations than many other countries, which can be attributed, in part, to its relatively small size. However, this does not fully explain why Finland’s economy is more volatile than those of most other small countries. Firms have the capacity to influence their crisis resilience through actions, such as maintaining solvency and a strong capacity to pay interest. Additionally, engaging in innovation activities is closely linked to a firm’s ability to maintain operations during challenging times." --- # Crises and Crisis Resilience – What Do We Know About Them? **Published:** 2024-03-11 **Categories:** Promemoria **URL:** https://www.etla.fi/sv/publikationer/promemoria/kriisit-ja-kriisinkestavyys-mita-niista-tiedetaan/ #### Abstract The Finnish economy exhibits greater fluctuations than many other countries, which can be attributed, in part, to its relatively small size. However, this does not fully explain why Finland’s economy is more volatile than those of most other small countries. Firms have the capacity to influence their crisis resilience through actions, such as maintaining solvency and a strong capacity to pay interest. Additionally, engaging in innovation activities is closely linked to a firm’s ability to maintain operations during challenging times. --- ## Additional Information **Kirjoittajat:** Ali-Yrkkö, Jyrki - Kuosmanen, Natalia - Pajarinen, Mika - Ylhäinen, Ilkka **Publication Research:** No 65352 **Kansikuva:** https://www.etla.fi/wp-content/uploads/etla-muistio-brief-135-kansi.jpg **Lataa Pdf:** https://www.etla.fi/wp-content/uploads/ETLA-Muistio-Brief-135.pdf **Key Words:** Crisis, Firms, Resilience, Resistance **Jel:** F14, L8 **Paivays:** 11.03.2024 **Sivuja:** 8 **Kieli:** fi **Sarja:** ETLA Muistio - ETLA Brief **Sarja Nro:** 135 **Issn:** 2323-2463 **Saatavuus:** 2 ## Bibliographic metadata (JSON-LD) ```json { "@context": "https://schema.org", "@type": "ScholarlyArticle", "@id": "https://www.etla.fi/julkaisut/id/ETLA-Muistio---ETLA-Brief-135", "headline": "Crises and Crisis Resilience – What Do We Know About Them?", "inLanguage": "fi", "publisher": { "@type": "Organization", "name": "ETLA Economic Research", "url": "https://www.etla.fi", "logo": { "@type": "ImageObject", "url": "https://www.etla.fi/wp-content/uploads/logo-etla_logo.svg" } }, "datePublished": "2024-03-11T00:00:00+00:00", "author": [ { "@type": "Person", "name": "Ali-Yrkkö, Jyrki", "url": "https://www.etla.fi/henkilot/ali-yrkko-jyrki/", "sameAs": [ "https://orcid.org/0009-0005-2977-6878" ] }, { "@type": "Person", "name": "Kuosmanen, Natalia", "url": "https://www.etla.fi/henkilot/kuosmanen-natalia/", "sameAs": [ "https://orcid.org/0000-0001-5258-5678", "https://scholar.google.com/citations?user=K6U3xEgAAAAJ" ] }, { "@type": "Person", "name": "Pajarinen, Mika", "url": "https://www.etla.fi/henkilot/pajarinen-mika/", "sameAs": [ "https://orcid.org/0000-0001-9087-5991", "https://scholar.google.com/citations?user=7sGKgwsAAAAJ" ] }, { "@type": "Person", "name": "Ylhäinen, Ilkka", "url": "https://www.etla.fi/henkilot/ylhainen-ilkka/", "sameAs": [ "https://orcid.org/0009-0009-1199-5780" ] } ], "abstract": "", "keywords": [ { "@type": "DefinedTerm", "name": "Crisis", "@language": "en" }, { "@type": "DefinedTerm", "name": "Firms", "@language": "en" }, { "@type": "DefinedTerm", "name": "Resilience", "@language": "en" }, { "@type": "DefinedTerm", "name": "Resistance", "@language": "en" } ], "isPartOf": { "@type": "PublicationIssue", "issueNumber": "135", "isPartOf": { "@type": "Periodical", "name": "ETLA Muistio - ETLA Brief", "issn": "2323-2463" } }, "mainEntityOfPage": "https://www.etla.fi/sv/publikationer/promemoria/kriisit-ja-kriisinkestavyys-mita-niista-tiedetaan/", "url": "https://www.etla.fi/sv/publikationer/promemoria/kriisit-ja-kriisinkestavyys-mita-niista-tiedetaan/", "hasPart": { "@type": "CreativeWork", "inLanguage": "en", "text": "The Finnish economy exhibits greater fluctuations than many other countries, which can be attributed, in part, to its relatively small size. 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