To steer economies onto a sustainable path in a way that is compatible with the urgent priorities of economic developers, sustainability needs to come with new business opportunities, growing markets and, most importantly, new jobs. The big question becomes then how do you wed economic growth...

This empirical study tests three different theoretical frameworks of capital structure choice on a cross-sectional data of 59 Finnish biotechnology SMEs. The theoretical approaches comprehend principal-agent, asymmetric information and trade-off theories. The purpose of the paper is to trial the...

In this paper our aim is to assess the evolution of the Finnish biotechnology sector during the 2000's. Particular focus is given to the growth expectations and realized outcomes of Finnish biotechnology companies, to the evolution of public investments, and to potential determinants of company...