Juha Peralampi


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  • Esittely JKL, Esityksen aihe 13.11.12 JAMK/Tulosyksikkösi/Nimesi
  • Esityksen aihe 13.11.12 JAMK/Tulosyksikkösi/Nimesi
  • Esityksen aihe 13.11.12 JAMK/Tulosyksikkösi/Nimesi
  • Esityksen aihe 13.11.12 JAMK/Tulosyksikkösi/Nimesi
  • Juha Peralampi

    1. 1. The Nordic Welfare Model- opportunity or threat for entrepreneurship? “Building the Entrepreneurial University” at Stanford University 12-16 November 2012 by Mr. 13.11.12 1 Juha Perälampi, Manager of JAMK Business
    2. 2. What do you get for your tax dollar?• Free education from Kindergarten through University – Includes free meals, school materials, books, pencils, paper, counseling, etc. – University students are PAID to study including housing• Unemployment benefits between 50-80% of your income• Pension 60 % of your income Juha Perälampi 13.11.12 2
    3. 3. What do you get for your tax dollar?• Free pediatric care• 50 dollars a year covers all healthcare for adults• Medications• Maternity leave 75 % of your income level up to 9 months• Monthly stipend for each child Juha Perälampi 13.11.12 3
    4. 4. The nordic countries• Common history• High income level• Equality principle• The Nordic Welfare Model Juha Perälampi 13.11.12 4
    5. 5. challenges• Globalization (outsourcing)• EU Crisis• Demographic transition”Collective risk sharing should continue to offer a safety net which helps workers and their families to cope with risks and adapt to new circumstances” Juha Perälampi 13.11.12 5
    6. 6. Finland in perspective• The Best Country in the World: Newsweek• The Most Successful Nation: The Fund for peace report• 2nd Happiest Nation: United Nations World Happiness Report• 3rd Most Competitive Economy: The Global Competitiveness Report photo courtesy of FreeDigitalPhotos.net Juha Perälampi 13.11.12 6
    7. 7. Tax burden• Income tax: max 50 % + social costs 6 %• Significant deductions for home owners and underprivilidged• Capital gains tax: 30%• Corporate tax: 26%• Sales tax: 23%• Dont get pulled over! Speeding tickets may be priced according to your income! Juha Perälampi 13.11.12 7
    8. 8. A knowledge-based economy• The major ecocomic and political processes paved the way for Finland’s high-tech industries and educational reform1. The turmoil in the Soviet Union 19912. A deep and severe economic recession triggered by a Finnish banking crisis (1990-1993), unemployment hit 20%,3. Integration with the European Union (1992-1995), membership 19954. Eurozone Crisis 2009- Esityksen nimi, Tekijä 13.11.12 8
    9. 9. Opportunities and threatsfor entrepreneurship Education Juha Perälampi 13.11.12 9
    10. 10. Education #1• The main transformer of social and economic development since the 1940’s• The Finnish education system rated as one of the best• Equal educational opportunity for all• Almost all teachers have a Master’s degree• Teaching is a high-status profession Juha Perälampi 13.11.12 10
    11. 11. Education #2• Education leads the way to employment, not entrepreneurship?• Are you allowed to stand out and shine?• Is this equality principle the right soil high-growth entrepreneurship? photo courtesy of FreeDigitalPhotos.net Juha Perälampi 13.11.12 11
    12. 12. ”NICE-GROWTH””For about two decades building a succesful venturecapital (VC) industry has been among the central policyobjectives in Finland. However, with its high-guality,white- and blue-collar human capital, but small internalmarket and limited VC industry, ”nice-growth” firmsmight better fit Finland’s profile of unique advantagesand social values.”- Professor Martin Kenney, University of California,Davis Esityksen nimi, Tekijä 13.11.12 12
    13. 13. Opportunities and threatsfor entrepreneurship Economy Juha Perälampi 13.11.12 13
    14. 14. Finland strong Points• Very industrialized economy, based mainly on the free market• Nokia and Rovio Entertainment• Significant investments done in R&D (ranked 3rd in the world)• Investing in education and innovation during recessions Juha Perälampi 13.11.12 14
    15. 15. finland Weak Points• A limited domestic market• Relies heavily on exports (40% of the GNP)• In Finland, it is acceptable to become rich by winning the lottery or being an athlete, NOT by employment nor being an entrepreneur Juha Perälampi 13.11.12 15
    16. 16. Opportunities and threatsfor entrepreneurship Mindset Juha Perälampi 13.11.12 16
    17. 17. Mindset #1• Diplomacy and seeking consensus• Problem-solving and efficiency• Accountability and honesty• Sisu=determination and strength of will Juha Perälampi 13.11.12 17
    18. 18. Mindset #2• ”The Finnish Dream”• Older generation has laid the very foundations of the success story, hard to ”let go” and understand that foundations need to be changed Juha Perälampi 13.11.12 18
    19. 19. Enrepreneurship creates jobs and calls for global cooperation“During the next 10 years about 1.2billion young 15-to-30-year-olds will beentering the job market. With the meansnow at our disposal, about 300 millionwill get a job. What will we offer theseyoung, about a billion of them? I thinkthis is one of the greatest challenges ifwe want to achieve peacefuldevelopment and hope for these young.”- Mr. Martti Ahtisaari (former President of Finland(1994-2000) and Nobel Peace Prize winner 2008) Juha Perälampi 13.11.12 19
    20. 20. Thank you! Questions and comments? Juha Perälampi 13.11.12 20
    21. 21. Contact informationMr. Juha PerälampiManager, JAMK-Business IncubatorSenior Lecturer,International Business and Entrepreneurshiptel. +358 (0)41-534 3603Email: juha.peralampi@jamk.fiJAMK University of Applied SciencesRajakatu 35, FI-40200 Jyväskylä, Finland Esityksen nimi, Tekijä 13.11.12 21
    22. 22. Sources / Links• Finnish Lessons-Pasi Sahlberg at http://www.finnishlessons.com/• The Nordic Welfare Model- Embracing globalization and sharing risks at http://www.etla.fi/julkaisut/b232-fi• http://en.wikipedia.org/wiki/Nordic_countries• http://www.google.fi/imgres? q=nordic+countries&um=1&hl=fi&sa=N&biw=1920&bih=986&tbm=isch&tbnid=WXpnGVQ4ffwWpM:&imgrefurl=http://www.corbacho.info/finlandia/2009/07/finlan dia-suomi-laponia-vikingos-paises-nordic-escandinavia/&docid=S511wgEZ0bvv_M&imgurl=http://www.corbacho.info/finlandia/wp- content/uploads/2009/07/nordic-countries-500x424.png&w=500&h=424&ei=UVnHT83TEajV4QTistWyDg&zoom=1• http://www.emeraldinsight.com/journals.htm?issn=1756-6266&volume=3&issue=2&articleid=1937351&show=html&view=printarticle&nolog=258380• http://www.svrez.gov.si/fileadmin/svez.gov.si/pageuploads/docs/Strategija_razvoja_Slovenije/The_Nordic_Model.PDF• http://en.wikipedia.org/wiki/Nordic_model• http://www.taxrates.cc/html/us-tax-rates.html• http://www.weforum.org/issues/global-competitiveness• http://www.fundforpeace.org/global/?q=fsi-about• http://www.huffingtonpost.com/2012/04/06/world-happiness-report-2012_n_1408787.html• http://www.thedailybeast.com/newsweek/galleries/2010/08/15/best-countries-in-the-world.html#slide91• http://www.globaltrade.net/m/c/Finland.html• http://www.tem.fi/files/32926/TEMjul_20_2012_web.pdf• http://en.wikipedia.org/wiki/File:Europe_polar_stereographic_Caucasus_Urals_boundary.svg Juha Perälampi 13.11.12 22
    23. 23. images• http://blog.nolo.com/estateplanning/tag/gift-tax/• http://www.careerrocketeer.com/2012/04/attention-are-you-retraining-your-mindset-for- career-success.html• http://www.posti.fi/english/current/2008/20081022_ahtisaari.html• http://www.smbtraining.com/blog/less-is-more-usually• http://npoliticsf.wordpress.com/2012/05/21/what-is-happening-in-education/• http://www.freedigitalphotos.net Juha Perälampi 13.11.12 23