This study analyzes trends in specialization of the Finnish industry since the 1980s. Low technology industries, such as pulp and paper, have had traditionally a large proportion of the Finnish industrial output. During the recent decades their share of output has decreased significantly and...

In the globalized world economy the crucial issue is locational competition - where internationally competitive firms invest and locate their high value-added production. The policy challenge is to enhance firms' capabilities to create firm-specific competitive advantages linked to certain...