Finland’s National Innovation Strategy…Toward the Next Generation Innovation Policy… Mikko Kosonen President the FinnishInnovationFund, Sitra
Finland’s Innovation Policy until today • Focus on technologydevelopment, R&D and competitiveness of exportindustry • Based on linearinnovationmodel (Science -> R&D -> Commersialization) • Policyplanned and implemented in manyhierarcicalsilos. • Goodcollaborationbetweencompanies, universities and publicsectoragencies Thishasbeensuccessfullpolicy, BUT the worldhaschanged
The World is Flat…The World is Spiky…. Scientific publications Patents Source: Tim Gulden, UMD, Richard Florida, U of T, Pekka Himanen, HIIT
Key Trends • Globalization • New Division of labor, tapping into globalinnovationflows • Technologydevelopment / Digital convergence Blurringindustryboundaries, new opportunities • ClimateChange Need for sustainablesolutions, intensivepublic-privatecollaboration • Agingpopulation Need for renewedwellbeingservices
Finland’s innovation strategy - Focal points Mobility and attractiveness Participationand contribution WORLD WITHOUTBORDERS Lead markets Innovation communities & hubs INNOVATIVE INDIVIDUALS AND COMMUNITIES DEMAND AND USER ORIENTATION COMPETENCEBASE Individuals and entrepreneurship Co-innovation SYSTEMIC APPROACH Broad-based innovation Leadership & change management
Finland’s vision Finland’s Competitive Edge Collaboration Small size Lead Market for NextGeneration WellBeing Services Culture Education system
Role of Culture • Notveryvisible in the new Innovationstrategybut A hugeadditionalopportunity to Finland • Establishment of Aalto University is an importantfirststep to synthetize Business, Technology and Design & Arts.
Business competitiveness Public sector productivity Work-life quality Economic growth Well-being “Extended” innovation environment Young Innovative firms University research Intermediators (SPs, TLOs) Large corporations Public R&D financiers and programmes Research institutions (VTT) Private investors, financial markets Competition policy, regulatory environment SMEs Sector research Public procurement, tax incentives User-driven innovation Education Learning Open culture of co-operation Work-life development Regional development Public services’ development • Innovation = • improved public service • organisational or ..structural improvement • Innovation = • new product, technical solution • new production process • new (industrial) service • Innovation = • new expert-service • new business model • new design or brand