OECD Review of Innovation Policy: Finland 2017

Picture of the cover of the publicationAlthough 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 internationalization. 

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Past Events

OECD Innovation Policy Review of Finland: Launch of the Final Report

The Ministry of Economic Affairs and Employment and the Ministry of Education and Culture organized the launching of the final report of the OECD review of Finland’s innovation policy on 9 June 2017 in Helsinki.

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OECD Review of Finland’s Innovation Policy : Stakeholder Discussion on Preliminary Overall Assessment and Recommendations

The Ministry of Economic Affairs and Employment and the Ministry of Education and Culture organised a discussion for interest groups about OECD review of Finland’s innovation policy on 8 February 2017 in Helsinki.

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Seminar: ”The Role of R&D in Fostering Economic Performance: Lessons from Research and Implications for Finland”

 The seminar was organised jointly by the Ministry of Economic Affairs and Employment of Finland (MEAE) and the Organisation for Economic Cooperation and Development (OECD) in December 2016.

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Latest companion publications

The role of R&D in fostering economic performance:

 A survey of the macro-level literature and policy implications for Finland