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...

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...

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...

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 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...

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...

This report summarizes 39 detailed ETLA case studies of global value chains (GVCs). The findings suggest that the value added in global value chains is less tied to their tangible aspects than what conventional wisdom suggests. Intangible aspects of GVCs tend to be more important, but their poor...