Strategy Behind Finnish Innovation Policy on the Mission Towards Carbon Neutral Finland

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Journal Title

Journal ISSN

Volume Title

School of Business | Bachelor's thesis

Date

2021

Department

Major/Subject

Mcode

Degree programme

(Mikkeli) Bachelor’s Program in International Business

Language

en

Pages

34

Series

Abstract

Objectives The main objectives of this study were to examine strategic side of Finnish innovation policy and its use in reaching carbon neutrality. Another objective was to compare and benchmark the Finnish innovation policy to Swedish and Norwegian innovation policies to find differences which help reaching carbon neutrality. Summary First the strategic side of Finnish innovation policy was reviewed in relation with carbon neutrality. Then, the study benchmarked Finnish innovation policy against Swedish and Norwegian innovation policies to find differences which help in reaching carbon neutrality. Finally, these differences were used to create suggestions for possible improvements to the Finnish innovation policy to help Finland reach carbon neutrality by 2035. Conclusions The main conclusion of this study is that there are differences between Finnish, Swedish and Norwegian innovation policies, which can be used to improve Finnish innovation policy. For example, decentralization of decision-making, a platform for evaluation and collaboration, increasing budget outlay for R&D, and innovation of concrete solutions to carbon neutrality through applied deployment of knowledge.

Description

Thesis advisor

Rannikko, Heikki

Keywords

carbon neutrality, innovation policy, governance, innovation finance, research organizations

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