relationship between innovation and productivity in Finland, Norway and Sweden at the firm level. Although these countries enjoy a … high degree of political, social and cultural similarities, they differ largely from one another in their productivity … productivity growth. Results reveal major discrepancies between the estimated firm-level results and the aggregated figures …

of output, firm size, capital intensity, entry, merger, partial closure or exit of firms. Second, the elasticity of … productivity growth with respect to knowledge capital is doubled when all innovations are substituted for radical innovations …

relationship between innovation and productivity in Finland, Norway and Sweden at the firm level. Although these countries enjoy a … high degree of political, social and cultural similarities, they differ largely from one another in their productivity … productivity growth. Results reveal major discrepancies between the estimated firm-level results and the aggregated figures …