The Specificities of Finnish Industrial Policy - Challenges and Initiatives at the Turn of the Century

Christopher Palmberg () and Pekka Ylä-Anttila

No 973, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: The Finnish experience in the 1990s represents one of the few examples of how knowledge can become the driving force in economic growth and transformation. The countrys industrial structure that was previously raw material-, energy-, and capital-intensive changed in less than a decade to primarily a knowledge-intensive on. During the first year of the 21st century Finland has topped the list in various competitiveness rankings and is also number one in OECDs PISA studies of youths learning skills and educational attainment. The aim of this paper is to discuss the nature and role that industry policy has played in these developments, with an explicit focus on the specificities and recent shifts in policy thinking and implementation in Finland. We discuss the emergence of new industrial policies in Finland in the early 1990s, the main policy initiatives and measures, present the organisational landscape of these new policies, and conclude with a partial assessment of the success of policies and future challenges.

Keywords: Finland; industrial policy; innovation systems; clusters; globalization (search for similar items in EconPapers)
JEL-codes: O31 O38 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2006
New Economics Papers: this item is included in nep-cse, nep-his and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.etla.fi/wp-content/uploads/2012/09/dp973.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rif:dpaper:973

Ordering information: This working paper can be ordered from
https://www.etla.fi/en/publications/dp973-en/

The price is 10€.

Access Statistics for this paper

More papers in Discussion Papers from The Research Institute of the Finnish Economy Contact information at EDIRC.
Bibliographic data for series maintained by Kaija Hyvönen-Rajecki ().