Finland as a Knowledge Economy : Elements of Success and Lessons Learned

In the early 1990s, Finland went through watershed developments due to a severe economic recession, during which unemployment rates rose from around 2 percent to over 15 percent and GDP decreased by more than 10 percent. However, in one decade Finl...

Full description

Bibliographic Details
Main Authors: Dahlman, Carl J., Routti, Jorma, Ylä-Anttila, Pekka
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
ATM
GDP
ICT
NII
PTO
R&D
WTO
Online Access:http://documents.worldbank.org/curated/en/2006/01/7521569/finland-knowledge-economy-elements-success-lessons-learned
http://hdl.handle.net/10986/7138
id okr-10986-7138
recordtype oai_dc
spelling okr-10986-71382021-04-23T14:02:27Z Finland as a Knowledge Economy : Elements of Success and Lessons Learned Dahlman, Carl J. Routti, Jorma Ylä-Anttila, Pekka AGRICULTURE ATM AUTOMATION BASIC BENCHMARKING BROADBAND CAPITAL MARKETS CODE DIVISION MULTIPLE ACCESS COLLABORATION COMMUNICATION TECHNOLOGIES COMMUNICATION TECHNOLOGIES SECTOR COMMUNICATIONS TECHNOLOGY COMPETITIVE ADVANTAGE COMPETITIVE ADVANTAGES COMPETITIVENESS COMPONENTS COMPUTING CONNECTIVITY DATA PROCESSING DEBT DECISION MAKERS DEREGULATION DIGITAL DIGITAL DIVIDE ECONOMIC INCENTIVES ECONOMIC INTEGRATION ECONOMIC SITUATION ECONOMIC THEORIES ECONOMIES OF SCALE EGOVERNMENT ELASTICITY ELECTRONICS ELECTRONICS INDUSTRY END USERS ENGINEERING ENVIRONMENTAL SUSTAINABILITY EQUIPMENT EXCHANGE RATE EXPORTS FACTORS OF PRODUCTION FISCAL POLICIES FREE TRADE GDP GDP PER CAPITA GLOBAL KNOWLEDGE GROSS DOMESTIC PRODUCT HIGH TECHNOLOGY HIGH TECHNOLOGY INDUSTRIES ICT INDUSTRIAL DEVELOPMENT INDUSTRIALIZATION INFORMATION INFRASTRUCTURE INFORMATION STORAGE INFORMATION TECHNOLOGIES INFORMATION TECHNOLOGY INNOVATION SYSTEMS INNOVATIONS INTERNATIONAL TRADE KNOWLEDGE CREATION KNOWLEDGE ECONOMIES KNOWLEDGE ECONOMY KNOWLEDGE FOR DEVELOPMENT KNOWLEDGE STRATEGIES LEARNING LINUX LOCAL AREA NETWORK MACROECONOMIC PERFORMANCE MARKETING MEDIA MESSAGING NANOTECHNOLOGY NATIONAL ECONOMIES NATIONAL INFORMATION INFRASTRUCTURE NATURAL RESOURCES NATURAL SCIENCES NETWORKING NEWLY INDUSTRIALIZED COUNTRIES NII OPEN ECONOMY PATENTS PRIVATE SECTOR PRODUCTIVITY GROWTH PROGRAMS PTO PUBLIC SERVICES PUBLISHING PURCHASING POWER PURCHASING POWER PARITY R&D REAL GDP STRUCTURAL CHANGE TAX REVENUES TECHNOLOGY INDUSTRIES TECHNOLOGY POLICIES TECHNOLOGY POLICY TECHNOLOGY TRANSFER TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONES TEXT TRADE BLOCS TRADE LIBERALIZATION TRANSFER OF TECHNOLOGY UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNIVERSITIES VALUE ADDED WELFARE SYSTEM WIRELESS WOOD WORLD TRADE ORGANIZATION WTO In the early 1990s, Finland went through watershed developments due to a severe economic recession, during which unemployment rates rose from around 2 percent to over 15 percent and GDP decreased by more than 10 percent. However, in one decade Finland became the most ICT-specialized economy in the world. Three times it has ranked number 1 in the World Economic Forum's (WEF) competitiveness index. It also ranked highest in the OECD's Program for International Student Assessment (PISA) studies of learning skills and educational attainment. This paper includes the following headings: introduction; Finland's knowledge economy today; structural changes in the Finnish economy - from agriculture to high-tech; changes in the economic and institutional regimes; innovation and education strategies and policies in Finland; sectoral perspectives on the Finnish knowledge economy -- from forest-related industries to ICT; challenges to the Finnish knowledge economy -- what's ahead; and conclusions and lessons from Finland's knowledge economy for other economies. 2012-06-05T17:43:35Z 2012-06-05T17:43:35Z 2006 http://documents.worldbank.org/curated/en/2006/01/7521569/finland-knowledge-economy-elements-success-lessons-learned http://hdl.handle.net/10986/7138 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Europe and Central Asia Europe Finland
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURE
ATM
AUTOMATION
BASIC
BENCHMARKING
BROADBAND
CAPITAL MARKETS
CODE DIVISION MULTIPLE ACCESS
COLLABORATION
COMMUNICATION TECHNOLOGIES
COMMUNICATION TECHNOLOGIES SECTOR
COMMUNICATIONS TECHNOLOGY
COMPETITIVE ADVANTAGE
COMPETITIVE ADVANTAGES
COMPETITIVENESS
COMPONENTS
COMPUTING
CONNECTIVITY
DATA PROCESSING
DEBT
DECISION MAKERS
DEREGULATION
DIGITAL
DIGITAL DIVIDE
ECONOMIC INCENTIVES
ECONOMIC INTEGRATION
ECONOMIC SITUATION
ECONOMIC THEORIES
ECONOMIES OF SCALE
EGOVERNMENT
ELASTICITY
ELECTRONICS
ELECTRONICS INDUSTRY
END USERS
ENGINEERING
ENVIRONMENTAL SUSTAINABILITY
EQUIPMENT
EXCHANGE RATE
EXPORTS
FACTORS OF PRODUCTION
FISCAL POLICIES
FREE TRADE
GDP
GDP PER CAPITA
GLOBAL KNOWLEDGE
GROSS DOMESTIC PRODUCT
HIGH TECHNOLOGY
HIGH TECHNOLOGY INDUSTRIES
ICT
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INFORMATION INFRASTRUCTURE
INFORMATION STORAGE
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INNOVATION SYSTEMS
INNOVATIONS
INTERNATIONAL TRADE
KNOWLEDGE CREATION
KNOWLEDGE ECONOMIES
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE STRATEGIES
LEARNING
LINUX
LOCAL AREA NETWORK
MACROECONOMIC PERFORMANCE
MARKETING
MEDIA
MESSAGING
NANOTECHNOLOGY
NATIONAL ECONOMIES
NATIONAL INFORMATION INFRASTRUCTURE
NATURAL RESOURCES
NATURAL SCIENCES
NETWORKING
NEWLY INDUSTRIALIZED COUNTRIES
NII
OPEN ECONOMY
PATENTS
PRIVATE SECTOR
PRODUCTIVITY GROWTH
PROGRAMS
PTO
PUBLIC SERVICES
PUBLISHING
PURCHASING POWER
PURCHASING POWER PARITY
R&D
REAL GDP
STRUCTURAL CHANGE
TAX REVENUES
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICIES
TECHNOLOGY POLICY
TECHNOLOGY TRANSFER
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONES
TEXT
TRADE BLOCS
TRADE LIBERALIZATION
TRANSFER OF TECHNOLOGY
UNEMPLOYMENT
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
UNIVERSITIES
VALUE ADDED
WELFARE SYSTEM
WIRELESS
WOOD
WORLD TRADE ORGANIZATION
WTO
spellingShingle AGRICULTURE
ATM
AUTOMATION
BASIC
BENCHMARKING
BROADBAND
CAPITAL MARKETS
CODE DIVISION MULTIPLE ACCESS
COLLABORATION
COMMUNICATION TECHNOLOGIES
COMMUNICATION TECHNOLOGIES SECTOR
COMMUNICATIONS TECHNOLOGY
COMPETITIVE ADVANTAGE
COMPETITIVE ADVANTAGES
COMPETITIVENESS
COMPONENTS
COMPUTING
CONNECTIVITY
DATA PROCESSING
DEBT
DECISION MAKERS
DEREGULATION
DIGITAL
DIGITAL DIVIDE
ECONOMIC INCENTIVES
ECONOMIC INTEGRATION
ECONOMIC SITUATION
ECONOMIC THEORIES
ECONOMIES OF SCALE
EGOVERNMENT
ELASTICITY
ELECTRONICS
ELECTRONICS INDUSTRY
END USERS
ENGINEERING
ENVIRONMENTAL SUSTAINABILITY
EQUIPMENT
EXCHANGE RATE
EXPORTS
FACTORS OF PRODUCTION
FISCAL POLICIES
FREE TRADE
GDP
GDP PER CAPITA
GLOBAL KNOWLEDGE
GROSS DOMESTIC PRODUCT
HIGH TECHNOLOGY
HIGH TECHNOLOGY INDUSTRIES
ICT
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INFORMATION INFRASTRUCTURE
INFORMATION STORAGE
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INNOVATION SYSTEMS
INNOVATIONS
INTERNATIONAL TRADE
KNOWLEDGE CREATION
KNOWLEDGE ECONOMIES
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE STRATEGIES
LEARNING
LINUX
LOCAL AREA NETWORK
MACROECONOMIC PERFORMANCE
MARKETING
MEDIA
MESSAGING
NANOTECHNOLOGY
NATIONAL ECONOMIES
NATIONAL INFORMATION INFRASTRUCTURE
NATURAL RESOURCES
NATURAL SCIENCES
NETWORKING
NEWLY INDUSTRIALIZED COUNTRIES
NII
OPEN ECONOMY
PATENTS
PRIVATE SECTOR
PRODUCTIVITY GROWTH
PROGRAMS
PTO
PUBLIC SERVICES
PUBLISHING
PURCHASING POWER
PURCHASING POWER PARITY
R&D
REAL GDP
STRUCTURAL CHANGE
TAX REVENUES
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICIES
TECHNOLOGY POLICY
TECHNOLOGY TRANSFER
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONES
TEXT
TRADE BLOCS
TRADE LIBERALIZATION
TRANSFER OF TECHNOLOGY
UNEMPLOYMENT
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
UNIVERSITIES
VALUE ADDED
WELFARE SYSTEM
WIRELESS
WOOD
WORLD TRADE ORGANIZATION
WTO
Dahlman, Carl J.
Routti, Jorma
Ylä-Anttila, Pekka
Finland as a Knowledge Economy : Elements of Success and Lessons Learned
geographic_facet Europe and Central Asia
Europe
Finland
description In the early 1990s, Finland went through watershed developments due to a severe economic recession, during which unemployment rates rose from around 2 percent to over 15 percent and GDP decreased by more than 10 percent. However, in one decade Finland became the most ICT-specialized economy in the world. Three times it has ranked number 1 in the World Economic Forum's (WEF) competitiveness index. It also ranked highest in the OECD's Program for International Student Assessment (PISA) studies of learning skills and educational attainment. This paper includes the following headings: introduction; Finland's knowledge economy today; structural changes in the Finnish economy - from agriculture to high-tech; changes in the economic and institutional regimes; innovation and education strategies and policies in Finland; sectoral perspectives on the Finnish knowledge economy -- from forest-related industries to ICT; challenges to the Finnish knowledge economy -- what's ahead; and conclusions and lessons from Finland's knowledge economy for other economies.
format Publications & Research :: Publication
author Dahlman, Carl J.
Routti, Jorma
Ylä-Anttila, Pekka
author_facet Dahlman, Carl J.
Routti, Jorma
Ylä-Anttila, Pekka
author_sort Dahlman, Carl J.
title Finland as a Knowledge Economy : Elements of Success and Lessons Learned
title_short Finland as a Knowledge Economy : Elements of Success and Lessons Learned
title_full Finland as a Knowledge Economy : Elements of Success and Lessons Learned
title_fullStr Finland as a Knowledge Economy : Elements of Success and Lessons Learned
title_full_unstemmed Finland as a Knowledge Economy : Elements of Success and Lessons Learned
title_sort finland as a knowledge economy : elements of success and lessons learned
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2006/01/7521569/finland-knowledge-economy-elements-success-lessons-learned
http://hdl.handle.net/10986/7138
_version_ 1764399202904834048