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Innovaatiotoiminta - Suomi globaalitaloudessa. Loppuraportti

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  • Hyvärinen, Jari

Abstract

This study analyses those country characteristics, which lead those regions to become as productive operation and innovation environments for firms and research centres. This study shows that those countries who invest wisely to develop their innovation environment will be successful in high technology export markets. In recent years, Finnish high technology exports have declined because of difficulties in telecommunication sector. Productivity analysis shows that high country-level R&D expenditures as in Finland and the United States - have positive correlation with labour productivity in manufacturing. Moreover, labour productivity in manufacturing in OECD countries relates positively with FDI and R&D expenditure growth. Also the level of education and firm-level sophistication increase labour productivity. Chinas role as global production factory and exporter has increased during 2000s. For example, Japanese and the US companies are leading actors, which are offshored their operations to China. However, deepening European integration has liberated and expanded intra-EU27 trade.

Suggested Citation

  • Hyvärinen, Jari, 2012. "Innovaatiotoiminta - Suomi globaalitaloudessa. Loppuraportti," Discussion Papers 1263, The Research Institute of the Finnish Economy.
  • Handle: RePEc:rif:dpaper:1263
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    More about this item

    Keywords

    productivity; global production sharing; innovation activities;

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F15 - International Economics - - Trade - - - Economic Integration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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