The effect of foreign-owned companies on entrepreneurial survival in the Finnish business sector is analyzed by using a new, exceptionally rich linked data on employees, entrepreneurs and their companies. Our new indicator of foreign presence, based on the observed spatial scopes of the local...

We study how upgrading the skills of the personnel affects a firm’s performance. Two different strategies are examined: 1) providing formal training and 2) strategic recruitment and separation policy. The use of register-based longitudinal employeremployee data supplemented with a survey on...

The appearance of productivity-enhancing restructuring at the plant level (the socalled between and net entry effects) has contributed substantially to the acceleration of labour and total factor productivity growth in Finnish manufacturing in the period from the latter part of the 1980s up to...

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...

This paper investigates the determinants of the between component of aggregate productivity growth, which gauges the productivity-enhancing part of plant-level restructuring. Results obtained from a panel of twelve Finnish manufacturing industries in the period from the mid-70s to the late 90s...

An employer-employee panel is used to study whether the movement of workers across firms is a channel of unintended diffusion of R&D-generated knowledge. Somewhat surprisingly, hiring workers from others’ R&D labs to one’s own does not seem to be a significant spillover channel. Hiring...