Frictionless Finland Leading country in ICT competence Research results on Finland Third-best digital economy Best country in the world Economist Intelligence Unit 'Finland is one of the most innovative economies in the world, and is the only country where students leave high school ‘innovation-ready’.' • Tony Wagner, Harvard University, The New York Times, 30 March 2013. Newsweek Third-most competitive economy in the world Least corruption Transparency Int. WEF Second-best operating environment for ICT companies in the world BSA From the forest to Angry Birds 19th century Solid engineering competence develops in the forestry and metal industries • StoraEnso, UPM-Kymmene, Outokumpu, Rautaruukki 20th century Growth of production technology • Cargotec, Kone, Konecranes, Metso, Outotec, Wärtsilä 1990–2000 Rise of the ICT sector accelerates • Nokia, NokiaSiemensNetworks, Angry Birds, Tieto, Vaisala Competence attracts companies Product development in Finland Electronic Arts, Ericsson, Huawei, Intel, Samsung Hardware room in Finland Best basic education in the world Google, IBM, Yandex World's second-best university tuition in mathematics Source: The Global Competitiveness Report 2012–2013 World Economic Forum More speed for growth Finland will accelerate innovation with the Frictionless Finland programme being launched in the spring of 2013 The goal is to be the leading country in ICT technology, an attractive product development environment for companies where public services are customeroriented and frictionless • Technological development is the strongest engine of change (Richard Solow) ICT is the foundation of growth Frictionless Finland • ICT is the most powerful generalpurpose technology • The Internet opens up possibilities for creating new services in all industries and in the public sector • The Internet has created 2.6 jobs for every one it has destroyed (McKinsey) • • • • Improve infrastructure Consolidate competence Diversify funding Accelerate procedures Power in infrastructure Faster connections to facilitate the growth of digital services Consolidate international connections Better integration of public information systems More test frequencies for universities and companies More competence Ten-year R&D programme Unites universities, research institutes and companies More in-depth competence in data processing Key technologies: digital services, gamification, information security, mobility and big data Welcome to develop in Finland! R&D programmes and corporate subsidies are open to all companies, regardless of ownership. Bounce to funding A billion-euro boost to growth funding over ten years More direct investment in companies A fund of growth funds implemented by the public and private sectors in cooperation Intended for both the seed and growth phases of companies Networks to continue work Prime Minister's ICT Expert Group • Monitors implementation • Knits projects together across administrative branches • Reacts to changes in the environment • Makes proposals for new motions • Continuous ten-year programme Grow and develop in Finland! When you are thinking of investing • www.investinfinland.fi Public capital investment Research funding • www.teollisuussijoitus.fi • www.tekes.fi