Several regional technology and innovation strategy documents have been written covering every region within Finland in recent years. However, the approaches, methods and semantics used in those documents vary considerably. This variation has made it difficult to compare them with each other....

In the report we analyse the reasons for the weakness of Finland’s economic performance over the past decade and assess the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU-countries since 2009 can largely be explained by the collapse...

Several regional technology and innovation strategy documents have been written covering every region within Finland in recent years. However, the approaches, methods and semantics used in those documents vary considerably. This variation has made it difficult to compare them with each other....

This study utilizes unique Finnish firm-level microdata on service imports, productivity, and employment during the 2002-2016 period. We use world service export demand shocks as an instrument to identify the causal effect of service offshoring on firm-level performance. Our results indicate...

This study utilizes unique Finnish firm-level microdata on service imports, productivity, and employment during the 2002-2016 period. We use world service export demand shocks as an instrument to identify the causal effect of service offshoring on firm-level performance. Our results indicate...

This study examines mergers and acquisitions and their economic impact on companies. The study examined which companies in Finland become the targets of acquisitions, how the economic activities of the target companies develop after the change of ownership and whether there is a difference...

International corporate tax system does not succeed very well in taxing the cross-border business of the multinational enterprises. Therefore, both the European Union (EU) and the Organization for Economic Cooperation and Development (OECD) have proposed several tax reforms. We recognize in this...

We examined mergers and acquisitions in the service sector and the effects of the transition to foreign ownership. We analyzed firm-level data encompassing 1,243 service sector acquisitions that occurred from 2009-2018. The most foreign acquisitions occurred in the health and social services,...

This report reviews some of the most recent literature examining the home country employment effects of internationalisation. A brief overview of the history of the internationalisation of Finnish firms is also presented. The general conclusion from the literature is that the absolute employment...

This study analyses those country characteristics, which lead those regions to become as productive operation and innovation environments for firms and research centres. This study shows that those countries who invest wisely to develop their innovation environment will be successful in high...