Petri Rouvinen

Which Companies Receive Public Support in Finland

Statistics Finland maintains a database which includes firm level data on public support in Finland. During this study it contained data from the years 2000–6. So far the data has been underutilized in economic and statistical analyses. We use the database in this descriptive study mainly to test the usability of the database. We analyze,

Firms and Consumers in the Financial Crisis – Effects, Reactions, and Outlooks

In order to shed light on the consequences of the ongoing financial crisis, ETLA conducted two surveys at the end of October 2008. The firm survey targeted firms employing at least 10 persons in Finland (2,017 observations with a response rate of 33%) and the consumer survey targeted 15–74-year-old Finns (2,025 observations with a response

Does Inter-Organizational Networking Support Regional Development? Evidence from a Survey of Finnish Enterprises

Three fourths of Finnish business enterprises have relationships that are deeper than those associated with normal market transactions, i.e., they are involved in inter-organizational networking. Regionally networking is more commonplace in North Savo, North Karelia/Kainuu, Central Finland and Lapland/Northern Ostrobothnia. Connections to other firms is the most prevalent and qualitatively most important type of networking.

Does Female Leadership Boost Firm Profitability?

Less than a tenth of Finnish firms’ CEOs and chairmen of the board are women; less than a fourth of Finnish firms’ board members are women. An empirical regression analysis of a large firm-level data set suggests that a company led by a women CEO is on average about ten per cent more profitable than

Family Businesses and Globalization in Finland

This paper studies whether family businesses (FBs) differ from non-family businesses (non-FBs) in various dimensions of globalization with a representative sample of businesses in Finnish manufacturing and private services. FBs and non-FBs are not so different when it comes to export and off-shore (includes both in-house moves and outsourcing) probabilities and intensities. After controlling for

Growth-orientation of nascent entrepreneurs (in Finnish with English summary)

This report studies Finnish growth-orientated nascent entrepreneurship on the basis of an extensive computer-aided telephone survey. The findings suggest that growth-orientated entrepreneurs are typically well-educated men with a technical degree; they have prior managerial and/or entrepreneurial experience; they are risk-takers; and they have had a high (prior) paid-employment income. The proportion of growth-oriented businesses is