Advanced

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

Torregrosa Hetland, Sara LU ; Pelkonen, Antti; Oksanen, Juha and Kander, Astrid LU (2017) In Lund Papers in Economic History
Abstract
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... (More)
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). (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Working Paper
publication status
published
subject
keywords
public policy, innovation, LBIO method, I28, N70, O38, O57
in
Lund Papers in Economic History
issue
160
pages
47 pages
publisher
Department of Economic History, Lund University
ISSN
1101-346X
language
English
LU publication?
yes
id
1b0451fb-c74c-4ecc-a3c9-df36e8beb0e3
date added to LUP
2017-04-25 09:05:20
date last changed
2017-04-25 09:06:55
@misc{1b0451fb-c74c-4ecc-a3c9-df36e8beb0e3,
  abstract     = {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.<br/><br/>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.<br/><br/>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).},
  author       = {Torregrosa Hetland, Sara and Pelkonen, Antti and Oksanen, Juha and Kander, Astrid},
  issn         = {1101-346X},
  keyword      = {public policy,innovation,LBIO method,I28,N70,O38,O57},
  language     = {eng},
  note         = {Working Paper},
  number       = {160},
  pages        = {47},
  publisher    = {Department of Economic History, Lund University},
  series       = {Lund Papers in Economic History},
  title        = {Impact of innovation policy on firm innovation : A comparison of Finland and Sweden, 1970-2013},
  year         = {2017},
}