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...

We examine the process of internationalisation of firms, contributing to the knowledge on the factors behind a successful entry and operation in the export markets using duration analysis. Rich longitudinal microlevel data on Finnish manufacturing plants allow an indepth analysis of the life...

We examine the sources and micro-level mechanisms of the changes in the labor share of value added. We link the micro-level dynamics of the labor share change with that of productivity and wage growth. Using a useful variant of the decomposition method we make a distinction between the change in...

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...