Although Finland achieved a widely acclaimed transformation to become a leading knowledge-based economy in the late 20th century, the 2009 recession and disruptive change contributing to a deep restructuring of the information and communication technology (ICT) industry and the downsizing of traditional sectors have weighed on the economy, productivity growth and international competitiveness. Numerous policy reforms have since been undertaken, and public and private investment, especially in applied R&D, has been cut back. Strengthening and lifting Finland’s innovation system out of a period of uncertainty requires a coherent and unified new vision for science, technology and innovation (STI), renewed investment and policy instruments. This vision should be oriented towards renewal tackling societal challenges and developing new knowledge-based competitive advantages at global scale. Success calls for better co-ordination and co-operation among policy actors and national and regional-levels, and further internationalisation.
This report examines the relationship between SMEs' management of intellectual assets, innovation and competitiveness.
This study shows how knowledge-intensive services activities (KISAs) contribute to the acquisition and growth capabilities of firms and public sector organisations.
These peer reviews (of Belgium, Canada, Denmark, Finland, Netherlands, Norway, Sweden) present recommendations for policy actions in each country based on strengths and weaknesses observed in the policy approach to developing highly skilled workers to fulfil future industry requirements.
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Analysing trends and policies of foreign direct investment in Finland, this report concludes that national apprehension about it is now a thing of the past. In recent years, Finland has made considerable progress in removing discriminatory regulations against foreign investors. The desire to foster integration into the European Economic Area and the European Communities has boosted this process. No longer the outpost it once was,