The renewal of Finnish manufacturing companies has often been addressed through their innovative activities. But companies do renew themselves in many other ways. This report takes into account, in addition to innovative activities, product and service range, supply and distribution channels,...

The renewal of Finnish manufacturing companies has often been addressed through their innovative activities. But companies do renew themselves in many other ways. This report takes into account, in addition to innovative activities, product and service range, supply and distribution channels,...

Using three different waves of a survey on compensation practices from 2005, 2007, and 2010, we study the dynamics of incentive plans. We describe that firms frequently discontinue incentive plans and often change performance measures and organizational levels of performance measurement. The...

By using quantitative survey data and conducting a case study, we examine performance measurement of incentive plans in Finnish private sector health care organizations. We find that the performance measures used in the incentive plans are in line with recent economic theories of performance...

The role and tasks of polytechnics in Finland have been debated in recent years. These discussions have brought forth questions regarding the division of labour between the polytechnics and universities, the position of polytechnics in the Finnish national innovation system, and the size and...

This study examines the researchers perspective on the impact of recent major changes in the Finnish research environment. Three virtually simultaneous changes are of special importance. The first is the on-going renewal of the Universities Act governing the Finnish higher education system in...

This paper compares the post-investment value-added activities performed by governmental venture capital (GVC) and independent venture capital (IVC) for their portfolio companies, and controls for the selection effect that the different investment profiles of these investors might have on the...

For developed countries, continuous innovation has been a prerequisite for economic growth for some time. Because radical innovations often require considerable slack and freedom in researching the relevant underlying phenomena, universities are considered the primary loci for generating...

Technological change is one of the key driving forces behind economic growth. In this process, the diffusion of new technologies plays a vital role. In particular, the early stages of diffusion, in which knowledge is created and transferred for wider industrial use, are seen as crucial to the...