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Broad-Based Innovation Policy

In: The Evaluation of the Finnish National Innovation System

Author

Listed:
  • Charles Edquist
  • Terttu Luukkonen
  • Markku Sotarauta

Abstract

We welcome the basic ambition of the broad-based innovation policy. It provides a balance between the supply and demand sides of innovative activity, includes nontechnical innovations, as well as – besides direct economic impact – emphasizes wider societal considerations. Conceptually the new broad-based innovation policy is, however, fuzzy, and it is therefore important that the government soon provides clear contents to the concept so as not to let it dissipate. The Finnish system does not have a strong systems-wide coordination. The lack of involvement of the Ministry of Finance and less active involvement of the Prime Minister’s Office in coordinating research and innovation policy formulations is a drawback. There are significant overlaps in the services offered by public organizations. Streamlining is urgently needed. Broadly speaking the ongoing reforms provide a good basis for pursuance of a broad-based innovation policy. The university reform, offers great opportunities for Finland. We have some concerns as to the university inventions act, but its final impact cannot be conclusively assessed yet. The SHOK initiative may be helpful in incrementally renewing traditional Finnish industries, but it is unlikely that it would breed new clusters or promote radical/disruptive innovations. The reform of public research organizations (PROs) seems to be in a permanent gridlock, which is unacceptable and unaffordable. PROs could be a thrust in the Finnish system – an opportunity that is now being wasted. Sitra is a uniquely Finnish construction and the ‘libero’ of the system. While its position has at times been challenged, it has served a purpose in the past and in our opinion will continue to do so. The Finnish system is highly consensus-driven and needs more diversity in ideas as well as parties willing to take a more futurist long-term view.

Suggested Citation

  • Charles Edquist & Terttu Luukkonen & Markku Sotarauta, 2009. "Broad-Based Innovation Policy," Chapters,in: The Evaluation of the Finnish National Innovation System, pages 11-70 The Research Institute of the Finnish Economy.
  • Handle: RePEc:rif:otchap:489
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    Cited by:

    1. Luukkonen, Terttu, 2010. "The Effectiveness of the Finnish Pre-Seed and Seed Policy Schemes to Promote Innovative High-Growth Entrepreneurial Ventures," Discussion Papers 1221, The Research Institute of the Finnish Economy.
    2. Andrea Renda, 2016. "Selecting and Designing European ICT Innovation Policies," JRC Working Papers JRC103661, Joint Research Centre (Seville site).
    3. Alexander Ebner & Fabian Bocek, 2015. "Best Practices as to How to Support Investment in Intangible Assets," WWWforEurope Working Papers series 101, WWWforEurope.
    4. Niinikoski, Marja-Liisa & Moisander, Johanna, 2014. "Serial and comparative analysis of innovation policy change," Technological Forecasting and Social Change, Elsevier, vol. 85(C), pages 69-80.

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