This paper studies the effect of foreign-owned companies (FOCs) in the region on establishment survival and growth in the Finnish business sector. We analyze whether the presence of the FOCs has asymmetric effects among the local businesses. Foreign presence in the region is measured in a novel...

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...

The internationalisation of R&D of multinational firms is an important ingredient in the ongoing trend towards globalisation. Previous research on Finnish multinationals has mainly relied on R&D expenditure data. In this paper we provide new insights into how the internationalisation of R&D of...

The direct contribution of foreign-owned companies (FOCs) to productivity-enhancing intra-industry restructuring in Finnish manufacturing is analyzed by means of a productivity decomposition method. It is found that the FOCs have had an increasing role on the micro-level productivity dynamics...

This paper reports the findings of two empirical studies on the value-added of venture capital with special attention on promoting internationalisation of start-up firms. The first study is based on a survey of Finnish (and a few cross-border) venture capital organisations on the value-adding...

This study analyses the relationship between firms’ foreign and domestic investments using a panel dataset containing 218 Finnish manufacturing firms during the years 1998-2002. The study examines whether foreign investments increase or decrease domestic investments and whether the effect...

During the last 10 to 15 years the ownership structure of Finnish business has changed in Finland perhaps more profoundly than in any other European country. Since the early 1990s both portfolio investment by foreigners and inward foreign direct investment (FDI) have grown rapidly. Helsinki...

Etlatieto Oy, VTT:n Teknologian tutkimuksen ryhmä, Finpro ja HKKK toteuttavat vuosina 2002 - 2005 projektin Monikansalliset yritykset Suomen innovaatiojärjestelmän toimijoina (MEFIS), jossa analysoidaan yritysten teknologisen kehittämistyön kansainvälistymisen vaikutuksia yritysten...

Kingdom of Nokia tells a fascinating story of corporatism in Finland. How did the mobile phone giant Nokia make the Finnish elite willing to serve the interests of the company? Nokia became a global player in mobile communications in the 1990s, and helped establish Anglo-Saxon capitalism in...