In this paper, we study the value chain of a Finnish designed bicycle and how the value added of the product is spread through the value chain in three distinct cases. In the first case the bicycle is manufactured in Finland by the researched company. In the two other cases the manufacturing of...

We analyse the exports of industrialised countries in the 1996-2006 period. First, there is a short discussion of the theory of international trade and its recent theoretical developments. After that we have analysed the long-run development of the structure of Finnish exports, and its structure...

European Union and the United States have decided to start negotiations over a Transatlantic Trade and Investment Partnership. Among other things, the agreement would include a reduction in trade and investment barriers as well as barriers against participation in public procurement projects. If...

This report uses an international input-output dataset to present an analysis of Finland’s position in global value chains. The results show that intermediate products account for a larger share – some three-quarters – of Finnish exports than they do in most other countries. The share of...

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 report examines the resilience of firms during crises from two perspectives: their ability to resist crises and their capacity to recover. The findings reveal that innovative firms are less likely to cease operations than other firms and are more likely to recover faster. The study further...

This report examines the development and composition of Finland's international trade in services compared to other countries. The findings reveal a substantial growth in Finland's service exports, though at a slower pace than the EU average. Different countries have specialized in various types...

EU's trade sanctions against Russia came into force 1.8.2014. Sanctioned products were exported to Russia at a value of 22 billion euros during the time period 2001-2017. The most important exporting countries were Ukraine, China, South Korea, Germany and the United States. Exports of banned...

In this paper, we study service exports by Finnish companies,with a special focus on their EU trade. We use a register-based dataset of all Finnish service export firms. We find that service export growth has been fast. In 2010–2017, Finland's service export volume grew by more than 50%, which...

According to a company survey, global value chains are changing. Even though big changes were expected during the Covid period, the actual changes were quite small at the time. Instead, after the early 2022, more obvious change has already been in the sourcing of materials and parts. They are...