Economics
  • ISSN: 2155-7950
  • Journal of Business and Economics

Behind the Finnish Innovation System

 
 
Yan Castonguay
(University of Quebec at Rimouski (UQAR), Canada)
 
 
Abstract: One of the most successful national innovation systems in the world is that of Finland (European Center ICEG, 2011). Based on an exploratory methodological approach, 11 semi-structured interviews were conducted in the summer of 2014 with the main actors of the national innovation system of Finland. The results of this study allowed identifying the policies, strengths, and weaknesses as well as innovation management mechanisms in the Finnish model. In addition, this study allowed understanding the partnership between Finnish firms and stakeholders (universities, regional support organizations, technology transfer centers and other firms). The results of this study are likely to contribute to the development of a new theoretical framework. This study provides actionable insights to improve policy decisions related to fostering collaboration between the actors of the national innovation system. In short, this research will bring many contributions to the scientific community, business environment, and political environment.
 
 
Key words: national innovation system; innovation system; Finland model
 
JEL codes: O38, O32




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