Nordic Microdata Database

Project

PHASE: In progress

PERIOD: 2022-12-01 — 2026-10-31

LEADER: Antti Valkonen

LINKS:

External wiki - External documentation

Internal wiki - Internal documention

DOCUMENTS

Project plan

Consortium Agreement

Business Case

NMD1 Project End Report

Nordic Microdata Database

Nordic Microdata Database (NMD)

Background

In 2018, Idar Kreutzer, CEO of Finance Norway, was commissioned by the Nordic Council of Ministers to write a report on fostering innovation and green growth in the Nordic region. A key recommendation from the report was to establish a new academic research initiative to enhance policymaking in the field of risk capital and early-stage companies.

The Nordic Microdata Database (NMD) project, initiated ultimately based on this recommendation, seeks to improve data access to support research and policy development in the Nordics. It has academic participants from Sweden, Finland, Denmark, and Norway, and has gained momentum with funding and support from the Nordic Council of Ministers and the relevant national ministries. The project’s main goal is to provide researchers and eventually policy makers access to unified Nordic corporate microdata as well as data on household finances in the future.

Currently, the project is in it’s second phase and the first phase end report is accessible in the links above.

Objectives

The goal of the Nordic Microdata Database project is to create a one-stop service for researchers and policy makers to use unified Nordic corporate microdata. This will enable researchers and policy makers to conduct more high-quality research and policy analysis than previously possible. The indirect benefit of this is an improved reseach and policy making landscape in the Nordics. NMD will also eventually contribute towards similar goals but regarding household and individual microdata.

Project partners

  • Aalto University, FI
  • Copenhagen School of Business, DK
  • Norwegian School of Economics, NO
  • Reseach Institute for Industrial Economics (IFN), SE
  • Stockholm School of Economics, SE

PEOPLE