International Comparison
2
Business
Environment
and Innovation
Cost of capital
Cost of capital encourages business development (1=worst; 10=best), 2012
Source: IMD World Competitiveness...
Transparency
Transparency of government policy is satisfactory (1=worst; 10=best), 2012
Source: IMD World Competitiveness ...
Corruption Perceptions Index (CPI)
The corruption perceptions index (1=high; 10=low), 2011
Source: Transparency Internatio...
Ease of doing business
Ease of doing business is supported by regulations (1=worst; 10=best), 2012
Source: IMD World Compe...
Number of procedures required to start a business
Number of procedures required to start a business, 2010
Source: The Glob...
Time required to start a business
Number of days required to start a business, 2010
Source: The Global Competitiveness Rep...
Bureaucracy
Bureaucracy does not hinder business activity (1=worst; 10=best), 2012
Source: IMD World Competitiveness Yearb...
Foreign investors
Foreign investors are free to acquire control in domestic companies (1=worst; 10=best), 2012
Source: IMD...
Total tax rate
Combination of profit tax (% of profits), labor tax and contribution (% of profits), and other taxes (% of
...
Easy of accesses to loans
How easy to get a bank loan with only good business plan and no collateral (1=very difficult; 7=...
Venture capital availability
How easy is it for entrepreneurs with innovative but risky projects to find venture capital? ...
University-industry collaboration in R&D
To what extent do business and universities collaborate on research and developme...
Source: World Bank
http://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS
R&D investments (as % of GDP), 2010
15
0 0.5 1 1....
Quality of the educational system
How well does the educational system in your country meet the needs of a competitive eco...
Language skills
Language skills are meeting the needs of enterprises (1=worst; 10=best), 2012
Source: IMD World Competitiv...
Global competitiveness- Score and Rank in the
Global Competitiveness Index (2011-2012)
Country Score Rank
Finland 5.47 4
S...
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Criteria: Business, environment and innovation in Finland

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International comparison on the Finnish business environment. Invest in Finland's marketing materials.

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  • Chian and the USA > 2008, Germany and Sweden > 2009, Finland> 2010
  • Criteria: Business, environment and innovation in Finland

    1. 1. International Comparison
    2. 2. 2 Business Environment and Innovation
    3. 3. Cost of capital Cost of capital encourages business development (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/# 0 1 2 3 4 5 6 7 8 China The USA Germany Sweden Finland
    4. 4. Transparency Transparency of government policy is satisfactory (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/# 0 1 2 3 4 5 6 7 8 China The USA Germany Sweden Finland
    5. 5. Corruption Perceptions Index (CPI) The corruption perceptions index (1=high; 10=low), 2011 Source: Transparency International Corruption Perceptions Index 2011 http://cpi.transparency.org/cpi2011/ 0 1 2 3 4 5 6 7 8 9 10 China The USA Germany Sweden Finland
    6. 6. Ease of doing business Ease of doing business is supported by regulations (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/# 0 1 2 3 4 5 6 7 China The USA Germany Sweden Finland
    7. 7. Number of procedures required to start a business Number of procedures required to start a business, 2010 Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 0 2 4 6 8 10 12 14 China The USA Germany Sweden Finland
    8. 8. Time required to start a business Number of days required to start a business, 2010 Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 0 5 10 15 20 25 30 35 40 China The USA Germany Sweden Finland
    9. 9. Bureaucracy Bureaucracy does not hinder business activity (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/# 0 1 2 3 4 5 6 7 China The USA Germany Sweden Finland
    10. 10. Foreign investors Foreign investors are free to acquire control in domestic companies (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/# 0 1 2 3 4 5 6 7 8 9 10 China The USA Germany Sweden Finland
    11. 11. Total tax rate Combination of profit tax (% of profits), labor tax and contribution (% of profits), and other taxes (% of profits, 2010) 0 10 20 30 40 50 60 70 China The USA Germany Sweden Finland Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf
    12. 12. Easy of accesses to loans How easy to get a bank loan with only good business plan and no collateral (1=very difficult; 7=very easy), 2010–2011, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 China The USA Germany Sweden Finland
    13. 13. Venture capital availability How easy is it for entrepreneurs with innovative but risky projects to find venture capital? (1=very difficult; 7=very easy), 2010–2011, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 China The USA Germany Sweden Finland
    14. 14. University-industry collaboration in R&D To what extent do business and universities collaborate on research and development (R&D) in your country? (1 = do not collaborate at all; 7 = collaborate extensively), 2010–2012, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 0 1 2 3 4 5 6 China The USA Germany Sweden Finland
    15. 15. Source: World Bank http://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS R&D investments (as % of GDP), 2010 15 0 0.5 1 1.5 2 2.5 3 3.5 4 China The USA Germany Sweden Finland
    16. 16. Quality of the educational system How well does the educational system in your country meet the needs of a competitive economy? (1 = not well at all; 7 = very well), 2010–2011, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 0 1 2 3 4 5 6 China The USA Germany Sweden Finland
    17. 17. Language skills Language skills are meeting the needs of enterprises (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/# 0 1 2 3 4 5 6 7 8 9 China The USA Germany Sweden Finland
    18. 18. Global competitiveness- Score and Rank in the Global Competitiveness Index (2011-2012) Country Score Rank Finland 5.47 4 Sweden 5.61 3 Germany 5.41 6 The USA 5.43 5 Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf18
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