Arbeitspapier
The Finnish paradox: The curious absence of high-growth entrepreneurship in Finland
This paper looks at how well Finland performs in high growth entrepreneurship and uses data from the Global Entrepreneurship monitor to benchmark Finland against other European countries. It is found that Finland's prevalence rate of high growth entrepreneurial activity lags significantly behind most of its European and all of its Scandinavian peers. That this weak performance in high-growth entrepreneurship goes hand in hand with Finland being a world leader in per capita investment in R&D may be described as a paradox. The reasons underlying the underperformance of Finland remain however unclear. At this point, explanations should be sought in culture, industrial traditions and systemic experience in high growth entrepreneurship.
- Language
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Englisch
- Bibliographic citation
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Series: ETLA Discussion Papers ; No. 1197
- Classification
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Wirtschaft
Firm Behavior: Theory
Firm Performance: Size, Diversification, and Scope
New Firms; Startups
Microeconomic Analyses of Economic Development
Economic Growth and Aggregate Productivity: General
- Subject
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Firm growth
high growth firms
gazelles
Unternehmenswachstum
Forschungskosten
Vergleich
Finnland
EU-Staaten
- Event
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Geistige Schöpfung
- (who)
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Autio, Erkko
- Event
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Veröffentlichung
- (who)
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The Research Institute of the Finnish Economy (ETLA)
- (where)
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Helsinki
- (when)
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2009
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Autio, Erkko
- The Research Institute of the Finnish Economy (ETLA)
Time of origin
- 2009