A data-driven analysis revealing why legacy equity incentives are ineffective in the contemporary startup and scale-up economy — and how organisations may redesign these incentives for a post-2020 landscape.

HBG has published a new data-driven research brief, “The Nordic Industrial Opportunity: Re-Shoring Will Benefit Finland Most,” which presents a contrarian conclusion: Finland is well placed to outperform every major European competitor in the continent’s industrial re-shoring cycle.

Finland is widely perceived to be heading towards a major “succession crisis” as tens of thousands of ageing entrepreneurs prepare to retire.

Finland Venture Capital Market Analysis 2023–2025: Data, Trends, and Outlook Finland’s venture capital market underwent significant shifts between 2023 and 2025, driven by changes in foreign investor participation, sector performance, and capital composition.