In the presence of network externalities, demand is strongly affected by major technology diffusion processes. Therefore, not only sales levels, but also the installed user base of network technologies may influence R&D intensity via the price mechanism. This causality may, however, not be...

Tämä selvitys tarkastelee yrittäjiä, jotka kuuluvat Ekonomiliittoon, Insinööriliittoon tai Tekniikan akateemisiin. Palkkakyselyihin perustuva aineisto kattaa vuodet 1999-2002. Selvityksessä keskitytään tuloihin ja työaikaan. Huolimatta keskittymisestä korkeasti koulutettuihin, ovat...

This study analyses how public R&D financing impacts the labour demand of companies. To our knowledge, no previous studies have distinguished the impact on the firm’s global and domestic employment. Our company-level panel data covers a period from 1997 to 2002. The statistical method employed...

Tämä raportti koskee biotekniikka-alan patentointikäytäntöjä. Keksintöjen hyödyntämisen turvaaminen patenttien avulla on biotekniikka-alalla erittäin tärkeää pitkien tuotekehittelyprosessien vuoksi. Silti kaikki alan yritykset eivät patentoi. Lääkekehitysyritykset patentoivat...

While the negative qualitative relation between the cost of debt capital and firm age is rather well established in the financial economics literature, there are few, if any, quantitative estimates available of the magnitude of the age effect. This study analyses this effect by utilizing a large...

This paper explores the connection between alcohol mortality, drinking behaviour and macroeconomic fluctuations in Finland by using both aggregate and micro-level data during the past few decades. The results from the aggregate data reveal that an improvement in regional economic conditions...

Natural disasters have a statistically observable adverse impact on the macro-economy in the short-run. Not surprisingly, costlier events cause more pronounced slowdowns in production. Yet, interestingly, developing countries, and smaller economies, face much larger output declines following a...