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Large firm dynamics on the Nordic-Baltic scene: Implications for innovation and growth
KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS. KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics.ORCID iD: 0000-0003-0218-7924
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics. KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS.
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2010 (English)Report (Other academic)
Abstract [en]

This paper investigates the role of the 30 largest firms in the respective Nordic country and in Estonia over the last decade and for some variables between 1975 to 2006. The analysis confirms that the largest firms play a critically important role for industrial dynamics in the Nordic countries. Statistics are presented with regard to e.g. ownership, the distribution of employment between home country and foreign units, internationalization, R&D, the share of overall employment and value-added, and the dynamics over time. Both firms in the manufacturing and the service sectors are included. Even though large firms differ in terms of size and industry distribution, they do still play a dominant in all Nordic countries, albeit somewhat diminished over the investigated time period. From a policy point of view it seems of vital concern for the Nordic countries to retain their increasingly foot-loose and globally oriented large firms.

Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2010. , 165 p.
Series
CESIS Working Paper Series in Economics and Institutions of Innovation, 244
Keyword [en]
Large firms, internationalization and industrial dynamics.
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-67488OAI: oai:DiVA.org:kth-67488DiVA: diva2:485033
Note
QC 20120213Available from: 2012-02-13 Created: 2012-01-27 Last updated: 2012-02-13Bibliographically approved

Open Access in DiVA

CESISWP244(2027 kB)