Mika Pajarinen

We use data from 15508 Finnish companies with 10 or more employees for the years 2003-2008 to explore the relationship between employment growth and three endogenously determined business subsidy types (i.e. employment subsidy, R&D subsidy and other business subsidies). We find a positive contemporary relationship between all business subsidy types and employment growth. Our findings

Our empirical analysis using an extensive database on the allocation of busi-ness subsidies in Finland during the years 2004–2008 finds that large firms are less likely to exit support system and more likely to continue receiving both support from one organization only and simultaneous support from multiple organizations. Large firms’ propensity to transit between subsidies

We use the databases of Statistics Finland to explore the supply of public support for firms in Finland during the years 2000–2008. Particularly, this report provides a de-scriptive analysis of complementarities and repetitiousness of public support from the perspective of the applying firms. We observe that both the order of magnitude of public resources allocated

Finpro is an expert service organization, partly financed from public funds, providing services for internationalization – market information, consulting and advice, business development, and other related services. It is one of the largest organizations in the Finnish innovation and business support system. Finpro regards its mission to include increasingly a role of an information intermediary,

This study analyzes trends in specialization of the Finnish industry since the 1980s. Low technology industries, such as pulp and paper, have had traditionally a large proportion of the Finnish industrial output. During the recent decades their share of output has decreased significantly and Finland has specialized more and more in high technology industries, especially

If entrepreneurs are understood to be individuals who perceive new opportunities, introduce them in the market place, and make decisions regarding the organization of production, they may be considered to be the primary source of a society’s economic well-being. If such entrepreneurship is lacking, an economy is necessarily regressive. Measuring such entrepreneurship, which may also