0000000001229489
AUTHOR
Leena Ilmola
Soft Innovation Resources: Enabler for reversal in GDP Growth in the Digital Economy
While Finland and Singapore have been maintaining world digital leaders position, they demonstrate interlaced contrast: high welfare with low GDP growth in Finland and higher GDP growth with lower welfare in Singapore. This provokes an uncaptured GDP postulate that Finnish wellbeing has developed more than one might conclude by GDP. However, a recent reversal in the GDP growth trend suggests the possibility that uncaptured GDP contributes to remove structural impediments in GDP growth.This paper demonstrates this hypothesis. An empirical analysis elucidating the inside the national accountings and institutional systems revealed that soft innovation resources have substituted for service cap…
Digitalization of global economy and public sector funding
This report aims to trigger discussion. Our recent research reveals that digitalization, platform economy, Internet of Things, and artificial intelligence will change the structures of the global economy. All this will have an impact on the sources of the public sector funding. We present here strong claims because the solutions should be identified and discussed widely in the Finnish society. The scientific background you will find from references. We had the pleasure to work with a group of taxation experts with a wide and diverse background. We are grateful for the contribution of the PVN researchers: Raija Koivisto, Heidi Auvinen, Brenda Fox, Victor Vurpillat and David Rejeski. Conclusi…