Innovation as a Contributor         to Growth                   Mr Jouni Hakala                   State Secretary         ...
GDP growth in Finland                    %             8             6             4             2             0          ...
Manufacturing; investments, % of value added                               Tangible investments     R&D   Investments + R&...
Finnish Innovation System in International Comparison:                                                   Input indicators ...
Finnish innovation environment                    = public-private partnership                                      Parlia...
Government R&D funding in 2012© TEM / INNO 2009© TEM / INNO 2008
Strategic Centres for                    Science, Technology and Innovation (SHOKs)                                       ...
…innovation is not only about R&D…        technological innovation        service innovation        business model innovat...
Three dimensions of innovation promotion                                                                      Demand      ...
© TEM / INNO 2011© TEM / INNO 2008
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Innovation as a Contributor to Growth, Jouni Hakala, Ministry of Employment and the Economy

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Seminar material 11.6.2012

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Innovation as a Contributor to Growth, Jouni Hakala, Ministry of Employment and the Economy

  1. 1. Innovation as a Contributor to Growth Mr Jouni Hakala State Secretary Finnish-Polish business-seminar 11.6.2012, Helsinki Exhibition & Convention Centre
  2. 2. GDP growth in Finland % 8 6 4 2 0 -2 -4 -6 -8 -10 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 Sources: Statistics Finland, Ministry of Finance.© TEM / INNO 2011© TEM / INNO 2008
  3. 3. Manufacturing; investments, % of value added Tangible investments R&D Investments + R&D Current prices. Sources: ETLA, Statistics Finland© TEM / INNO 2011© TEM / INNO 2008
  4. 4. Finnish Innovation System in International Comparison: Input indicators (relative fields of strength in pink) Government R&D budget Foreign-owned 400 companies share of Annual increase in business sector government R&D budget turnover 300 Venture capital Funding for basic investment 200 research 100 Government funding R&D in the of business R&D 0 service sector (incl. tax incentives) Higher education Lähde: TIN linjaraportti 2010 Foreign-born researchers in expenditure on R&D R&D personnel financed by enterprises Foreign students Business enterprise R&D in higher education financed by abroad R&D personnel© TEM / INNO 2010 Average of OECD/EU Finland Average of top 5 countries by indicator
  5. 5. Finnish innovation environment = public-private partnership Parliament of Finland Government Ministry Ministry OtherResearch and of Education of Employment ministries Innovation and Culture and the Economy Council The Finnish Funding Agency The Finnish Funding Agency The Finnish Innovation Fund for Basic Research for Technology and Innovation Finpro Universities and other Finnvera research centers Industry Investment Regional Industries & Enterprises ELY-Centers© TEM / INNO 2009© TEM / INNO 2008
  6. 6. Government R&D funding in 2012© TEM / INNO 2009© TEM / INNO 2008
  7. 7. Strategic Centres for Science, Technology and Innovation (SHOKs) • Radical renewal • Focus & Impact • Visibility Metal products • Attractiveness Forest Cluster Built and mechanical environment engineering • Industry steered research plans and agendas • 20-50 M€ per SHOK p.a., from private and public funding sources Energy and Health and well- ICT industry • Basis for stronger environment being and services international partnerships© TEM / INNO 2009© TEM / INNO 2008
  8. 8. …innovation is not only about R&D… technological innovation service innovation business model innovation social innovation workplace (arbetslivs) innovation …
  9. 9. Three dimensions of innovation promotion Demand (science, technology) Know-how Users Users Users Users Innovations Know R&D UDI UDI = • Using Businesses & New and Public • Doing© TEM / INNO 2011 clusters growing services • Interacting firms© TEM / INNO 2008
  10. 10. © TEM / INNO 2011© TEM / INNO 2008

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