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Do Foreign Players Change the Nature of the Game Among Local Entrepreneurs?
The effect of foreign-owned companies on entrepreneurial survival in the Finnish business sector is analyzed by using a new, exceptionally rich linked data on employees, entrepreneurs and their companies. According to the results, foreign-owned companies crowd out local entrepreneurship.
Link
http://econpapers.repec.org/scripts/redir.pl?u=http%3A%2F%2Fwww.etla.fi%2Ffiles%2F1135_Dp942.pdf;h=repec:rif:dpaper:942