R&D Activities in the Machinery and Equipment Industry

Jyrki Ali-Yrkkö and Mika Pajarinen

No 156, ETLA Reports from The Research Institute of the Finnish Economy

Abstract: Abstract The machinery and equipment industry accounts for one-third of the R&D activities in the Finnish manufacturing sector. Since 2017, the Finnish machinery and equipment industry has increased its R&D investment more than its counterparts in other countries. In Finland, the growth rate of R&D investment in medium-sized companies has been faster than in small and large companies. However, according to a survey, small companies are expected to increase their R&D investment more than medium-sized and large companies by 2027.

Keywords: Research; Development; R&D; Machinery; Manufacturing (search for similar items in EconPapers)
JEL-codes: L6 L64 O3 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2024-12-12
New Economics Papers: this item is included in nep-sbm
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