Innovaatiotoiminta - Suomi globaalitaloudessa. Loppuraportti

Jari Hyvärinen

No 1263, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: This study analyses those country characteristics, which lead those regions to become as productive operation and innovation environments for firms and research centres. This study shows that those countries who invest wisely to develop their innovation environment will be successful in high technology export markets. In recent years, Finnish high technology exports have declined because of difficulties in telecommunication sector. Productivity analysis shows that high country-level R&D expenditures as in Finland and the United States - have positive correlation with labour productivity in manufacturing. Moreover, labour productivity in manufacturing in OECD countries relates positively with FDI and R&D expenditure growth. Also the level of education and firm-level sophistication increase labour productivity. Chinas role as global production factory and exporter has increased during 2000s. For example, Japanese and the US companies are leading actors, which are offshored their operations to China. However, deepening European integration has liberated and expanded intra-EU27 trade.

Keywords: productivity; global production sharing; innovation activities (search for similar items in EconPapers)
JEL-codes: F12 F15 F23 F43 J24 L23 O31 O38 (search for similar items in EconPapers)
Pages: 54 pages
Date: 2012
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