National innovation system profile of Finland

Mika Naumanen, Jukka Hyvönen

    Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional

    Abstract

    Finland's competitive position is facing challenges and its large export businesses have suffered. Considering its high level of R&D inputs, the country has a relatively low contribution of high-tech and medium-high-tech goods to the trade balance. Within the past few years, the decline of the important electronics (telecommunications) sector in particular has created pressure for structural change in Finland. The decline of this sector is reflected in a decrease in business R&D investments - dominated by Nokia. Consequently, the extent to which the business and public sectors will be capable of absorbing new innovations from the ICT sector - and more concretely the available highly-skilled human resources - is considered a determinant for new growth. The action plan for research and innovation policy presents four major themes where Finnish research and innovation policy needs to improve itself (MEC and MEE 2012): (1) Increasing the attractiveness of Finland and enhancing the internationalisation of the RDI system. (2) A research and innovation system with better quality and more flexibility: Structural reforms of funding agencies, research institutes and universities have advanced creating relevant mergers and further coordination that are expected to improve, together with more excellence driven funding models, the quality of scientific research. (3) Increasing effectiveness by expanding the scope of innovation activities and increasing experimentation and (4) Greater value and new competitive advantages through intangible investments. In May 2015, a new Centre Party -led government started its reign. In its strategic programme, the new government states that Finland's competitiveness is built on high expertise, sustainable development and open-minded innovations based on experimentation and digitalisation.
    Original languageEnglish
    Title of host publicationFRIENZ, Facilitating Research and Innovation Cooperation between Europe and New Zealand
    Subtitle of host publication Compendium of innovation measures and national innovation system profiles
    PublisherEuropean Union
    Pages5-61
    Publication statusPublished - 2015
    MoE publication typeD2 Article in professional manuals or guides or professional information systems or text book material

    Fingerprint

    National innovation system
    Finland
    Experimentation
    High-tech
    Research policy
    Funding
    Innovation policy
    State government
    Internationalization
    Excellence
    Competitiveness
    Public sector
    Intangibles
    Innovation
    Business sector
    Structural reforms
    Sustainable development
    Competitive advantage
    Attractiveness
    ICT sector

    Keywords

    • innovation measures
    • national innovation systems

    Cite this

    Naumanen, M., & Hyvönen, J. (2015). National innovation system profile of Finland. In FRIENZ, Facilitating Research and Innovation Cooperation between Europe and New Zealand: Compendium of innovation measures and national innovation system profiles (pp. 5-61). European Union.
    Naumanen, Mika ; Hyvönen, Jukka. / National innovation system profile of Finland. FRIENZ, Facilitating Research and Innovation Cooperation between Europe and New Zealand: Compendium of innovation measures and national innovation system profiles. European Union, 2015. pp. 5-61
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    Naumanen, M & Hyvönen, J 2015, National innovation system profile of Finland. in FRIENZ, Facilitating Research and Innovation Cooperation between Europe and New Zealand: Compendium of innovation measures and national innovation system profiles. European Union, pp. 5-61.

    National innovation system profile of Finland. / Naumanen, Mika; Hyvönen, Jukka.

    FRIENZ, Facilitating Research and Innovation Cooperation between Europe and New Zealand: Compendium of innovation measures and national innovation system profiles. European Union, 2015. p. 5-61.

    Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional

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    T1 - National innovation system profile of Finland

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    AB - Finland's competitive position is facing challenges and its large export businesses have suffered. Considering its high level of R&D inputs, the country has a relatively low contribution of high-tech and medium-high-tech goods to the trade balance. Within the past few years, the decline of the important electronics (telecommunications) sector in particular has created pressure for structural change in Finland. The decline of this sector is reflected in a decrease in business R&D investments - dominated by Nokia. Consequently, the extent to which the business and public sectors will be capable of absorbing new innovations from the ICT sector - and more concretely the available highly-skilled human resources - is considered a determinant for new growth. The action plan for research and innovation policy presents four major themes where Finnish research and innovation policy needs to improve itself (MEC and MEE 2012): (1) Increasing the attractiveness of Finland and enhancing the internationalisation of the RDI system. (2) A research and innovation system with better quality and more flexibility: Structural reforms of funding agencies, research institutes and universities have advanced creating relevant mergers and further coordination that are expected to improve, together with more excellence driven funding models, the quality of scientific research. (3) Increasing effectiveness by expanding the scope of innovation activities and increasing experimentation and (4) Greater value and new competitive advantages through intangible investments. In May 2015, a new Centre Party -led government started its reign. In its strategic programme, the new government states that Finland's competitiveness is built on high expertise, sustainable development and open-minded innovations based on experimentation and digitalisation.

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    Naumanen M, Hyvönen J. National innovation system profile of Finland. In FRIENZ, Facilitating Research and Innovation Cooperation between Europe and New Zealand: Compendium of innovation measures and national innovation system profiles. European Union. 2015. p. 5-61