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

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.