The relationship between firm size and age relative to technical change and efficiency is examined in a highly innovative and dynamic sector, the Finnish ICT equipment manufacturing industry. A stochastic frontier model is applied to an unbalanced firm level panel over the period 1990?2003. The...

A stochastic frontier model is applied to firm level panel data from the Finnish ICT manufacturing sector to explore the role of R&D and technological progress in the outstanding productivity growth Finland demonstrated in the latter half of the 1990?s. The sample is representative of over 90 %...

Technical efficiency levels in Finnish ICT manufacturing are established by applying a stochastic frontier model and retrieving Method of Moments and Battese-Coelli efficiency measures to identify both permanent and time-varying efficiency levels, as well as determinants of inefficiency such as...

The relationship between product market competition (PMC) and innovative activity has attracted the attention of many economists lately. In this study we elaborate the theory of Aghion et al. (1997, 2001) of an inverted-U relationship between competition and innovations. We provide a theoretical...

This study reviews the key economic features of the telecommunications industry and outlines two benchmark models that have been developed in previous literature for introducing competition into local telecommunications. One possibility is services based competition, where entrant telephone...

The fast development in communications and information based industries as well as in other network related industries gives rise to new constellations in competition and innovation. These are strongly dependent on strategic decisions which can be analysed by the concepts of network...

In 1990s there has been a "boom" of extensive technology foresight studies based on the use of the Delphi method. This study examines critically e.g. national foresight studies made in Japan, Germany, the United Kingdom and Austria. The study suggests that the epistemic paradigm of the general...

The aim of this report is to look at the role of science, technology and innovation policies from the perspective of the national policy process and to offer certain conclusions for the tasks related to the progress toward a knowledge-based society and economy in the European union. Three...

This KNOGG report analyses the role of Transnational Corporations in the small European countries and synthesises their importance in generating spillovers. For dissemination of technology it is important to build and/or increase the efficiency of national innovation systems and strengthen the...