The “Finlandisation” of Finland: The Ideal Type,the Historical Model,and the Lessons Learnt

“Finlandisation” has become a buzzword and suggested solution to the on-going Ukrainian crisis. However, in Finland, Finlandisation tends to be a pejorative term because of its negative effects on Finnish domestic politics. Negative effects notwithstanding, Finland’s Cold War experience often appears as a success: it preserved its democratic system, prospered economically, and strengthened its international status. This analysis examines the historical evidence of what role Finlandisation—understood as a policy of collaboration and friendship with the greatest potential security threat to a country’s sovereignty and as a political culture related to that policy—played during the Cold War era. Did the strategy of accommodation go too far and was it superfluous to Finland’s survival and success? In this context, the article also discusses the “dangers” of Finlandisation and the gradual end of the policy.     

Adverse selection and financing of innovation: is there a need for R&;D subsidies?

We study the interaction of private and public funding of innovative projects in the presence of adverse-selection based financing constraints. Government programs allocating direct subsidies are based on ex ante screening of the subsidy applications. This selection scheme may yield valuable information to market-based financiers. We find that under certain conditions, public R&D subsidies can reduce the financing constraints of technology-based entrepreneurial firms. First, the subsidy itself reduces the capital costs related to the innovation projects by reducing the amount of market-based capital required. Second, the observation that an entrepreneur has received a subsidy for an innovation project provides an informative signal to the market-based financiers. We also find that public screening works more efficiently if it is accompanied with subsidy allocation.     

Of Values and Legitimacy – Discourse Analytical Insights on the Copyright Case Law of the Court of Justice of the European Union

The Court of Justice of the European Union (CJEU) increasingly faces societal value‐conflicts in EU law disputes. For example, in EU copyright law, in the digital age, diverse fundamental values, as well as cultural and societal developments, are at stake. This article discusses the role of the CJEU in the European value discourse, using copyright law as a case study. The methodological approach used, critical discourse analysis, is seldom applied in jurisprudential studies, but is well suited for teasing out value‐related aspects of case law. Exploratory research of seminal copyright cases suggests that the CJEU's discourse of the various values seems unnecessarily one‐sided and shallow. A lack of discursiveness in the jurisprudence would diminish the legitimacy of the Court's decisions, and would not offer adequate guidance to national courts or private decision‐makers, to whom the Court at the same time may be leaving more of the task of value reconciliation.     

Policy learning as complex contagion: how social networks shape organizational beliefs in forest-based climate change mitigation

Policy Sciences - Policy learning can alter the perceptions of both the seriousness and the causes of a policy problem, thus also altering the perceived need to do...