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2019 | OriginalPaper | Chapter

6. Bridges for Finland–India Business

Author : Ajeet N. Mathur

Published in: Finland–India Business Opportunities

Publisher: Springer Singapore

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Abstract

This chapter introduces questions of interest to business enterprises and policy-makers in the context of building bridges for structuring Finland–India business. The bridges and modalities are asymmetric because of the cultural and institutional differences discussed in previous Chaps. 4 and 5. There are also differences on other dimensions such as planning processes, stakeholder involvement, competition policies, ease of doing business, nature of contracts, trust in public–private partnerships, and the scope for statal and parastatal involvement in private business in the two countries. Four gateways are discussed in this chapter B2C (business to consumers), B2B (business to business), B2G (business to government), and G2G (government to government). The chapter also notes Finnish companies that already do business in India and Indian firms that do business in Finland as exemplars who have bridged the chasms and can inspire others.

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Footnotes
1
The word ‘collaborate’ reflecting a joint endeavour with a commonly agreed primary task is not much used in the context of international relations in Finland. Finns speak of ‘cooperation’ by which it is meant that two or more parties could agree to singly undertake performance commitments for respective tasks in a coordinated manner to benefit from exchanges made possible by such coordination.
 
5
Source: Memorandum of Cooperation on Road Transport between Finland and India (copy of original text obtained by the author from the Embassy of India, Helsinki).
 
6
Source: Agreement on Scientific Cooperation between Finland and India (Copy of Original Text obtained by the author from the Ministry of External Affairs, Government of India, New Delhi).
 
Literature
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Metadata
Title
Bridges for Finland–India Business
Author
Ajeet N. Mathur
Copyright Year
2019
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-10-8019-7_6