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...

Much of the recent evidence on the internationalisation patterns of Finnish MNEs has come from analyses of the Top 30 firms. This paper uses newly available data from the Orbis database on the foreign affiliates of Finnish MNEs, and compares this to the existing sources of data from the Bank of...

The widening range of countries acting as home and host to MNEs, and the continuing growth in all forms of cross-border economic activity, have prompted a large literature on the effects of outward MNE activity on the host countries. A smaller body of work has examined the effects on the home...

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...

The offshoring of manufacturing has been the most visible ingredient of economic globalization in recent years. However, the rapid change in the global division of manufacturing has overshadowed another and perhaps even more significant phenomena namely the internationalization of the R&D and...

The structures of industries, the economic geography of multinational enterprises (MNEs) and the global configurations of supply chains can be considered to be the three key factors essential to understanding contemporary globalization on a micro-level. In practice, the competitive position of a...

The paper summarizes the findings of a follow-up study on the globalization of the largest Finnish multinational enterprises. The study highlights the connection between company strategy and location decisions. Chandlers famous argument was that the organizational structures of big companies...

This study analyses the relationship between firms foreign and domestic investments using a panel dataset containing 218 Finnish manufacturing firms during the years 1998-2002. The study examines whether foreign investments increase or decrease domestic investments and whether the effect varies...

This study focused on two primary areas: 1. To determine what can be learned from biotech and drug development companies that suffered from financial problems and ultimately failed at the beginning of the 21st century. 2. To determine how intellectual capital developed in accordance with such...

This study analyses how R&D expenditure impacts the productivity of companies. We analyse the productivity impact of R&D using a large panel dataset of Finnish firms over a nine-year period from 1996 to 2004. Our results are two-fold. In the short run (in 1-2 years) we find no statistically...