new evaluation framework in finnish innovation policy · tekes impact model dm 36100 02-2015...

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

”Faith can move mountains”

Thank you! Jari Hyvärinen, PhD jari.hyvarinen@businessfinland.fi