This report reviews the Finnish science, technology and innovation (STI) policies. The structure and actors of national innovation system (NIS) are described shortly as well as the functioning of education system. The performance of the Finnish STI policies is evaluated by referring to alternative comparative measurements. The roles of multinational companies and EU research programmes in the NIS are discussed briefly. The main conclusion of this report is that the Finnish STI policy has been successful in creating a wellfunctioning NIS and providing higher education. The main challenges are related to the absorptive capacities of Finland. So far, flows of inward FDI have not been satisfactory.
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Paper provided by Government Institute for Economic Research Finland (VATT) in its series Discussion Papers with number
313.
Length: Date of creation: 03 Sep 2003 Date of revision: Handle: RePEc:fer:dpaper:313
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Find related papers by JEL classification: F00 - International Economics - - General - - - General O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
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