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New Evaluation Framework in Finnish Innovation Policy Jari Hyvärinen, PhD Business Finland
New Evaluation Framework in Finnish Innovation Policy
Jari Hyvärinen, PhD
Business Finland
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“Finland needs to tap new sources of growth based on new and
sustainable export strengths, as well as by revitalizing
traditional industries, fostering their capability to compete
globally through new economic competences and value added.
This transformation will require Finland to engage more in
‘radical innovation’ and become more effective in utilizing its
valuable knowledge capabilities and transforming them into
globally competitive innovation.”
Ministry of
Education and
Culture
Finnvera
Academy of Finland
Business Finland (Tekes+Finpro)
Finnish Industry Investment
Sitra
Public funding actors in the Finnish innovation environment
02-2015 DM 36100
Basic research Applied research Business R&D Business development Marketing Internationalisation
Regional ELY Centres
Tekes Impact Model
02-2015 DM 36100
Capabilities
Tekes
objectives
Productivity
and Renewal
Wellbeing and
Environment
Impact • Digitalisation • Services and
well-being • Bio economy
and cleantech
Output
Activities
Input
• Growth of firms and internationalization
• Productivity • Utilization and spillovers of
new knowledge and know-how
• Innovations: products and services, processes, organization and methods
• New firms, business areas and services
• R&D and innovation activities • Education • New methods and networking
• Investment in intangible and tangible capital
• Existing knowledge, information and know-how
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Spillovers
Inputs
Services
Funding
Themes
Customers
Market failures (networks, information,
finance, climate change)
Activities
Funding increase companies’ own
funding
Capabilities in business, intenarnationalization
and r&d increase
Amount of customers and networking (domestically
and globally) increase
Results
Increase of turnover, jobs and exports
High value added products and services improve productivity
New companies, trial platforms and ecosystems
are born in Finland
Entry of Finnish companies in the global
market increase
Impacts
Business scalability and economies of scale
improve
Trial platforms and ecosystems attract new global actors to Finland
Finnish companies have focal involvement in global
ecosystems
Goals
Radical innovations and new business models
renew economic structure
Impacts on society
Well-being of citizens and environment
Impacts spill widely over the society and economy, and improve
productivity and sustainable economic growth
Creating new markets
Global growth of companies
World-class ecosystems
Competitive business environment
Companies acquire new information about global
challenges
Impact Model in Business Finland
