The aim of this study is to depict the ownership and financial structure of Finnish small and medium-sized biotechnology enterprises. Most of the firms are owned by several groups of owners. In small companies the largest share of equity is held by individuals active in the business. Private...

ETLA, the Research Institute of the Finnish Economy, conducted surveys at the end of 2004 and at the beginning of 2002 on the enterprises listed in the Index of Biotechnology Companies in the Finnish Bioindustries organization. The surveys provide data on financial accounting, R&D activities,...

This study investigates the capital and ownership structures of small and medium-sized pharmaceutical-related biotechnology firms (bio-pharmaceutical companies) in Finland. These structures are also analyzed taking into account general characteristics and intangible assets of the business...

This paper presents the first results of ETLA and Etlatieto Ltd Study of Finnish biotechnology firms. The majority of Finnish biotechnology firms are quite young and still in the early stages of gainful economic activities. Their turnover, profits and exports are, for the younger firms in...