The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … profitability in opposite directions. In this analysis both problems are avoided by using firm-level Financial Statement Statistics … of Statistics Finland over the years 1995-2006 and by applying a decomposition method. With these tools the micro- level …

North Savo, North Karelia/Kainuu, Central Finland and Lapland/Northern Ostrobothnia. Connections to other firms is the most … associated with better firm profitability in low-tech industries. Participating in a national cluster may be associated with … ; business collaboration ; profitability ; growth …