“…On the other hand, Finland's economy and, thereby, a large proportion of Finnish firms are highly open to global product and financial markets, exhibit top-tier competitiveness according to international standards, and manifest orientation toward free market philosophy, high technology, and R&D intensiveness (e.g. The Economist, 2006;Ryan, 2008;Ylä-Anttila & Palmberg, 2007). These country characteristics are likely to make our results best generalizable to firms based in other similar countries, that is, developed, Western (European) countries that have open market economies and rely on international trade and exports.…”