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Finland’s National Innovation Strategy …Toward the Next Generation Innovation Policy…

Finland’s National Innovation Strategy …Toward the Next Generation Innovation Policy…. Mikko Kosonen President the Finnish Innovation Fund , Sitra. Finland’s Innovation Policy until today. Focus on technology development , R&D and competitiveness of export industry

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Finland’s National Innovation Strategy …Toward the Next Generation Innovation Policy…

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  1. Finland’s National Innovation Strategy…Toward the Next Generation Innovation Policy… Mikko Kosonen President the FinnishInnovationFund, Sitra

  2. 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

  3. The World is Flat…The World is Spiky…. Scientific publications Patents Source: Tim Gulden, UMD, Richard Florida, U of T, Pekka Himanen, HIIT

  4. 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

  5. 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

  6. Finland’s vision Finland’s Competitive Edge Collaboration Small size Lead Market for NextGeneration WellBeing Services Culture Education system

  7. 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.

  8. 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

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