Assessment: The Team Finland operating model has clearly improved – the internal division of tasks and the service promise must be further clarified
The determined promotion of exports and internationalisation in Finnish business life is increasingly important. An efficiently operating Team Finland network plays a key role in this. According to an assessment published by the Government’s analysis, assessment and research activities on 6 June, the operating model of the network has clearly developed but there is still room for improvement in the network activities.
A new study argues that Russia has geared its scientific and technological knowhow towards the unfolding great power competition. During the last decade Russia has sought to restore its scientific and technological prowess through various new strategies, programs and plans in order to regain its sovereign status as a great power.
Study: More efficient allocation of labour and capital would increase productivity and economic wellbeing
The misallocation of labour and capital in the Finnish business sector has increased in the 2000s, which has significantly retarded productivity growth. The concentration of labour to companies with lower productivity is a key factor in retarding growth. A more efficient allocation of labour could be influenced, for example, by dismantling incentive traps and increasing labour mobility and wage competition, states a recent study by Aalto University and ETLA Economic Research.