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Small country strategies in global competition : benchmarking the Finnish case
Yhteenveto: Pienen avotalouden strategiavaihtoehdot globaalissa kilpailussa.
Determinants of Internationalisation Through Strategic Alliances
Tiivistelmä: Suurten suomalaisten yritysten kansainvälistyminen strategisten allianssien kautta.
Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia
Do workers hired from superstar tech-firms contribute to better firm performance? To address this question, we analyze the effects of tacit knowledge spillovers from Nokia in the context of a quasi-natural experiment in Finland, the closure of Nokia’s mobile device division in 2014 and the massive labor movement it implied. We apply a two-stage difference-in-differences approach with heterogeneous treatment to estimate the causal effects of hiring former Nokia employees. Our results provide new evidence supporting the positive causal role of former Nokia workers on firm performance. The evidence of the positive spillovers on firms is particularly strong in terms of employment and value added.
The Global Dispersion of Innovative Activities
Tiivistelmä: Suomalaisten monikansallisten yritysten innovaatiotoiminnan kansainvälistyminen patentoinnin näkökulmasta.
Alliance Capitalism and the Internationalisation of Finnish Firms
Tiivistelmä: Allianssikapitalismi ja suomalaisten yritysten kansainvälistyminen.
Opacity of Young Firms
Tiivistelmä.
When Small States Make Big Leaps
At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and econom...
Good Governance Gone Bad
If we believe that the small, open economies of Nordic Europe are paragons of good governance, why are they so prone to economic crisis? In Good Governance Gone Bad, Darius Ornston provides evidence that adapting flexibly to rapid, technological change and shifting patterns of economic competition may be a great virtue, but it does not prevent countries from making strikingly poor policy choices and suffering devastating results. Home to three of the "big five" financial crises in the twentieth century, Nordic Europe in the new millennium has witnessed a housing bubble in Denmark, the collapse of the Finnish ICT industry, and the Icelandic financial crisis. Ornston argues that the reason for...
