We study the effect of new product introduction on firm value. Using a unique sample on mobile phone handset introduction by 16 major handset manufacturers over 10 years, we distinguish between imitative product introduction and truly innovative product introduction. We find that while most...

Most existing empirical work on technology diffusion assumes technologies to remain constant throughout the diffusion process. However, many consumer technologies improve significantly over time. Using data on the characteristics of new mobile handsets over a ten-year period and controlling for...

We study firm-level adoption of packaged software products of almost 4,000 UK sites between 2000 and 2003. We consider all software used in a firm as its software product and categorize it into related, but distinct subsystems: the core subsystem (Operating Systems), and Desktop and Enterprise...

This paper focuses on the effects of within and between standards competition and competition between firms on the performance of an emerging new technology, digital mobile telecommunication (2G). Our empirical exploration provides a more complete picture of the market dynamics of digital mobile...

Research and development (R&D) tax credits are widely employed among the OECD countries to promote business sector investments in innovation. The implementation of R&D tax credit schemes, however, varies across countries. The empirical research on the effectiveness of R&D tax incentives suggests...

This article empirically explores whether and how providing consumers with detailed access to their past food purchase data at different levels of aggregation affects their subsequent food purchase behavior. We employ unique data covering more than 84,000 quarterly observations on Finnish...

This study investigates the impact of firm-level investments in data assets on productivity growth during the COVID-19 pandemic, utilizing matched employer-employee data of 13,609 Finnish firms for 2015-2020. Our estimation results indicate that firms with greater pre-pandemic investments in...

This study examines the allocation of business subsidies introduced due to the COVID-19 pandemic to different types of companies. The results show that most of the supported companies would not have needed the subsidy, as they would have remained profitable also in the absence of it....

The Data Act, coming into effect in September 2025, imposes new obligations on manufacturers of connected products and providers of related services. This report provides insights into the markets affected by the Data Act and evaluates the scope of business activity it covers in Finland. Large...

This study uses a unique survey data from 398 Finnish manufacturing firms to explore how the order of magnitude of mobility and connectivity of a firm's ICT stock in conjunction with various organizational innovation and HRM practices affect the firm's performance. The data suggest that mobile...