Finland as a Knowledge Economy 2.0 : Lessons on Policies and Governance

The technology and innovation landscape has changed considerably since 2006 when Finland as a Knowledge Economy: Elements of Success and Lessons Learned [see also report 39378] was first published by the World Bank Institute (WBI). Finland is known for its consistent progress in the economy and competitiveness, as well as the egalitarian society underneath it. Yet, the challenges experienced by Finland in the beginning of the 20th century were similar to those experienced by many countries today. Finland emerged as an independent nation in the midst of international economic and political turbulence. In spite of its remoteness, relative scarcity of natural resources, smallness of the home market and recent history characterized by wars and social cleavages, Finland transformed itself from an agriculture-based economy in the 1950's into one of the leading innovation-driven, knowledge-based economies and high-tech producers in the twenty-first century. The development was rapid, and involved determined action and sometimes drastic decisions by the government and other key actors. Today, at the end of 2013, Finland is facing new types of challenges both domestically and internationally in efforts to maintain its societal sustainability and economic competitiveness. Finland Knowledge Economy 2.0 presents some of the key policies, elements, initiatives and decisions behind Finland's path into the Knowledge Economy of today. The authors hope to provide the readers inspiration, new ideas, and novel insights. Hopefully some of the lessons learned may prove valuable in another context. Based on this account of the development of Finnish Knowledge Economy, the authors have identified six areas of lessons, each described in detail in respective chapters. The book should not be seen as a scientific all encompassing study, but rather as a "Knowledge Economy cook-book", with practical cases, links and insights provided for further exploration.

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URL http://hdl.handle.net/10986/17869
URL http://documents.worldbank.org/curated/en/2014/04/19376245/finland-knowledge-economy-20-lessons-policies-governance
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Access Right Open Access
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Author Halme, Kimmo
Author Lindy, Ilari
Author Piirainen, Kalle A.
Author Salminen, Vesa
Author White, Justine
Contributor Halme, Kimmo
Contributor Lindy, Ilari
Contributor Piirainen, Kalle A.
Contributor Salminen, Vesa
Contributor White, Justine
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Collected From Open Knowledge Repository
Hosted By Open Knowledge Repository
Publication Date 2014-04-08
Publisher Washington, DC: World Bank
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Country United States
Language English
Resource Type UNKNOWN
keyword R and AMP;D
keyword KNOWLEDGE and AMP; LEARNING
system:type other
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Source https://science-innovation-policy.openaire.eu/search/other?orpId=od______2456::1780e739099f4db4b7490be39aa2b6c4
Author jsonws_user
Last Updated 19 December 2020, 14:09 (CET)
Created 19 December 2020, 14:09 (CET)