The study investigates empirically how ownership affects firms domestic employment and its fluctuations. We look at six different ownership categories : first generation family businesses, second generation (or older) family businesses, state-owned companies, foreign-owned companies, publicly...

This paper studies whether family businesses (FBs) differ from non-family businesses (non-FBs) in various dimensions of globalization with a representative sample of businesses in Finnish manufacturing and private services. FBs and non-FBs are not so different when it comes to export and...

Nokia’s ascent, dominance, and descent have resulted in significant labor inflows and outflows in Finland. In this paper, we document the aspects of these flows using official register-based data covering virtually all individuals and organizations in Finland. Our setup may be compared to a...

In an integrated global economy, multinational enterprises (MNEs) have more opportunities than ever to reap the benefits of broader markets and more possibilities for an extensive division of labour between different locations. In spite of this, the evidence on the spread of the activities of...

We use a comprehensive database concerning the application and allocation of business subsidies in Finland merged with the firm-level data comprising about 330 000 firms from the year 2004 to 2008. We find strong continuities in participation both within and between the different public support...

The phenomenon of physical R&D-manufacturing co-location is interesting, because researchers have made very different observations regarding its prevalence. In some populations co-location of the two functions seems to be the norm; in others, an exception. However, we still do not have an...

Evaluating the possible consequences of R&D tax incentives before their introduction is challenging, not least because the details of the system remain unknown, and because the ultimate reactions and responses of various actors involved remain uncertain. In order to shed some light on the issue,...

Even though inter-firm networking is often argued to be among the factors enhancing business performance, empirical research on the topic is scarce. We exploit Eurostats and Statistic Finlands pilot survey on inter-enterprise relations to study the issue. Our uni- and multivariate analysis does...

This study examines how deregulation affects product market competition and thereby productivity. Productivity grows when firms ameliorate their performance, which they will be unwilling to do in the absence of competition. It obliges firms to renounce high rents and cut costs, which increases...