Industrial policy is back on the agenda and the consensus is that it must be different "this time" from the past. We redefine industrial policy for industrialised countries as a strategy to promote "high-road competitiveness", understood as the ability of an economy to achieve "Beyond-GDP"...

In Finland, universities have the explicit mandate to support the transformation of high-quality knowledge into profitable business, as well as to promote the creation of new businesses and workplaces within the boundaries of their so-called third mission. This report looks at how Finnish...

The paper presents an analytical assessment of the implementation of European Innovation Partnerships (EIPs) launched as one of the commitments of the EU Flagship Initiative Innovation Union with the aim to achieve innovative breakthroughs addressing major societal challenges. The EU launched...

This dissertation consists of five distinct empirical papers covering two large areas of research that are rather independent from each other: the economics of ageing and the economics of innovation. The first three chapters cover the impact of intergeneration interaction on the parents of adult...

In this paper, we study service exports by Finnish companies,with a special focus on their EU trade. We use a register-based dataset of all Finnish service export firms. We find that service export growth has been fast. In 2010–2017, Finland's service export volume grew by more than 50%, which...

The paper provides an overview of the development of public procurement (PP) rules in the EU and in selected international organisations. The EU rules were originally designed to foster competition and efficiency, and the dominant award criterion was the price. Over time, and in particular in...

With reference to the use of material and energy resources, we seek to • underline the need for a marked socio-ecological transition. Business-as-usual will fail in the face of an unprecendented rise in global demand, a rising price level and volatility of raw materials and indications of...

It is expected that binding biophysical constraints have the potential to slow growth and impede the improvement of other key macroeconomic variables. Using a DYNK (Dynamic New Keynesian) model of the EU27, we study two different environmental policy options and evaluate their impact on...

This contribution focuses on the heterogeneity in innovation capacity within Europe across its different Member States. Who are the leading and who are the lagging EU countries? Is there a trend towards convergence over time? And how has the crisis affected this trend of convergence? We then...