Impact of innovation policy on firm innovation: A comparison of Finland and Sweden, 1970-2013

Research output: Working paper

Standard

Impact of innovation policy on firm innovation : A comparison of Finland and Sweden, 1970-2013. / Torregrosa Hetland, Sara; Pelkonen, Antti; Oksanen, Juha; Kander, Astrid.

Lund : Department of Economic History, Lund University, 2017. (Lund Papers in Economic History; No. 160).

Research output: Working paper

Harvard

Torregrosa Hetland, S, Pelkonen, A, Oksanen, J & Kander, A 2017 'Impact of innovation policy on firm innovation: A comparison of Finland and Sweden, 1970-2013' Lund Papers in Economic History, no. 160, Department of Economic History, Lund University, Lund.

APA

Torregrosa Hetland, S., Pelkonen, A., Oksanen, J., & Kander, A. (2017). Impact of innovation policy on firm innovation: A comparison of Finland and Sweden, 1970-2013. (Lund Papers in Economic History; No. 160). Lund: Department of Economic History, Lund University.

CBE

Torregrosa Hetland S, Pelkonen A, Oksanen J, Kander A. 2017. Impact of innovation policy on firm innovation: A comparison of Finland and Sweden, 1970-2013. Lund: Department of Economic History, Lund University. (Lund Papers in Economic History; 160).

MLA

Torregrosa Hetland, Sara et al. Impact of innovation policy on firm innovation: A comparison of Finland and Sweden, 1970-2013. Lund Papers in Economic History; 160. Lund: Department of Economic History, Lund University. 2017., 47 p.

Vancouver

Torregrosa Hetland S, Pelkonen A, Oksanen J, Kander A. Impact of innovation policy on firm innovation: A comparison of Finland and Sweden, 1970-2013. Lund: Department of Economic History, Lund University. 2017. (Lund Papers in Economic History; 160).

Author

Torregrosa Hetland, Sara ; Pelkonen, Antti ; Oksanen, Juha ; Kander, Astrid. / Impact of innovation policy on firm innovation : A comparison of Finland and Sweden, 1970-2013. Lund : Department of Economic History, Lund University, 2017. (Lund Papers in Economic History; 160).

RIS

TY - UNPB

T1 - Impact of innovation policy on firm innovation

T2 - A comparison of Finland and Sweden, 1970-2013

AU - Torregrosa Hetland, Sara

AU - Pelkonen, Antti

AU - Oksanen, Juha

AU - Kander, Astrid

PY - 2017

Y1 - 2017

N2 - To what extent have public policies contributed to the innovation performance of Finland and Sweden in the period 1970-2013? This paper aims to assess the share of innovations stimulated by the public sector, specifically because of receiving public funding or being the result of research collaboration with public institutions. We combine survey and LBIO results on these variables, to overcome reporting biases found in the two methods.The main data comes from the new UDIT dataset, which gathers the most significant innovations of both countries for the period, in total about 4,100 Swedish and 2,600 Finnish innovations. It has been constructed following the LBIO method (Literature Based Innovation Output), which obtains information on relevant commercialized innovations from general technology journals as well as industry specific trade journals.Our results indicate that Finland had a substantially larger public involvement in these innovations than Sweden. This is specially true in the years between 1990 and 2000, when we see a drop in the relative role of the Swedish public sector in innovation output, while the Finnish trends are constant or slightly increasing over the period. However, in both countries public policies lie behind a significant share of the innovations (30-50% in Finland, 15-35% in Sweden), and in the Swedish case we can further assess that the publicly stimulated innovations were more often found among the most significant new products (written about in several articles).

AB - To what extent have public policies contributed to the innovation performance of Finland and Sweden in the period 1970-2013? This paper aims to assess the share of innovations stimulated by the public sector, specifically because of receiving public funding or being the result of research collaboration with public institutions. We combine survey and LBIO results on these variables, to overcome reporting biases found in the two methods.The main data comes from the new UDIT dataset, which gathers the most significant innovations of both countries for the period, in total about 4,100 Swedish and 2,600 Finnish innovations. It has been constructed following the LBIO method (Literature Based Innovation Output), which obtains information on relevant commercialized innovations from general technology journals as well as industry specific trade journals.Our results indicate that Finland had a substantially larger public involvement in these innovations than Sweden. This is specially true in the years between 1990 and 2000, when we see a drop in the relative role of the Swedish public sector in innovation output, while the Finnish trends are constant or slightly increasing over the period. However, in both countries public policies lie behind a significant share of the innovations (30-50% in Finland, 15-35% in Sweden), and in the Swedish case we can further assess that the publicly stimulated innovations were more often found among the most significant new products (written about in several articles).

KW - public policy

KW - innovation

KW - LBIO method

KW - I28

KW - N70

KW - O38

KW - O57

M3 - Working paper

T3 - Lund Papers in Economic History

BT - Impact of innovation policy on firm innovation

PB - Department of Economic History, Lund University

CY - Lund

ER -