Information about science based innovations, solid facts to support decision-making, performance and business development for VTT’s partners, customers and anyone interested in high technology and its applications.
A magazine on science, technology and business

​​​

Serious efforts to boost the Finnish economy

Antti Vasara | 15.1.2016

Our national economy has felt the full impact of the economic uncertainty for some time now. The Finnish government is trying to identify means of securing economic growth, employment and jobs in a way that maintains our competitiveness. The measures proposed by the government have been consistent and well-targeted. At the same time, it is worth asking whether the most central factor in terms of our national competitiveness – the role of new expertise and innovations – has been put to the back burner. Throughout history, technological progress has generated wealth for nations. Now is the time to use visionary, ambitious and well-focused R&D&I projects to take Finland back to a growth path.


Finland is known for its effective education system and innovation-friendly attitude. We have received consistently high marks in the PISA education comparison results, and the gross domestic expenditure on R&D (GERD) in Sweden and Finland has traditionally been the highest globally. Building upon a strong foundation of product development and highly refined products, our export industry has been reporting great results, and Finland has featured among the top nations in the global innovation index. However, at the moment, Finland’s GERD is declining in both relative and absolute terms. Driven into a corner, both the public and private sector are prepared to focus on short-term benefits instead of the long-term creation of wealth.

Inconsistent investment in research provides poorer economic results than systematic research efforts that leverage our national strengths. Since I took the helm at VTT, I have watched with great concern how numerous profitable research areas have been affected by short-term thinking in terms of both their strategy and financing. Good R&D&I is based on long-term strategies and science; it is well-targeted, ambitious, innovative and profitable. It also involves the courage to terminate programmes that do not take off and re-allocate the resources to more promising new areas. It must have a clear objective. Applied research also needs a visionary view that allows businesses and society to benefit quickly from its results.


Good research is a profitable investment – for both the public and private sector. It is productive and will pay for itself.

The seed for growth can be planted specifically during challenging times, when industries are facing disruptions and economic pressures. Success is created by the ability to foresee and recognise the upcoming shift. Radical innovations created during industrial change plant the seed for success, establishing completely new kinds of business and promoting industrial renewal. Good examples in Finland include mobile communications, forestry bioeconomy and smart machines that utilise ICT. These areas are also where successful companies can be found.

Innovations often require a catalyst in the form of a strong R&D&I player with multi-disciplinary expertise, such as VTT, and cooperation between industries. Large enterprises can also utilise this method to generate new business with radical innovations. For example, Stora Enso and Neste Oil have worked in cooperation to create biodiesel, and Kemira has coordinated a programme developing new water treatment technologies.


Innovations, and radical innovations in particular, are an excellent opportunity to maintain and improve Finland’s competitiveness. They are an integral source of renewal that can help turn our native land, dubbed the “sick man of Europe” by politicians, into a top athlete and a world champion.

We have great potential, but we cannot succeed without proper gear. In this international endurance sport, VTT can act as both a coach and world-class equipment developer.

In cooperation with you, with a positive and optimistic attitude, foreseeing new business opportunities.


Antti Vasara


IMP_Vasara.jpg

Antti Vasara
President & CEO, VTT Ltd.

Photo: Timo Kauppila


 

 

Impulsehttp://www.vttresearch.com/ImpulseImpulse
A birthday gift from us to ourselveshttp://www.vttresearch.com/Impulse/Pages/A-birthday-gift-from-us-to-ourselves.aspxA birthday gift from us to ourselves
A future without wastewater?http://www.vttresearch.com/Impulse/Pages/A-future-without-wastewater.aspxA future without wastewater?
A machine is more humanehttp://www.vttresearch.com/Impulse/Pages/A-machine-is-more-humane.aspxA machine is more humane
At the digital forefront of mininghttp://www.vttresearch.com/Impulse/Pages/At-the-digital-forefront-of-mining.aspxAt the digital forefront of mining
Boost for propeller developmenthttp://www.vttresearch.com/Impulse/Pages/Boost-for-propeller-development.aspxBoost for propeller development
Cell screening leads to new cancer treatmentshttp://www.vttresearch.com/Impulse/Pages/Cell-screening-leads-to-new-cancer-treatments.aspxCell screening leads to new cancer treatments
Challenges conceal opportunitieshttp://www.vttresearch.com/Impulse/Pages/Challenges-conceal-opportunities.aspxChallenges conceal opportunities
Finnish expertise for solving global problemshttp://www.vttresearch.com/Impulse/Pages/Finnish-expertise-for-solving-global-problems.aspxFinnish expertise for solving global problems
From ideas to major innovationshttp://www.vttresearch.com/Impulse/Pages/From-drawing-board-to-major-innovation.aspxFrom ideas to major innovations
Health benefits and efficiency without sacrificing food qualityhttp://www.vttresearch.com/Impulse/Pages/Health-benefits-and-efficiency-without-sacrificing-food-quality.aspxHealth benefits and efficiency without sacrificing food quality
VTT Impulsehttp://www.vttresearch.com/Impulse/Pages/MainPage.aspxVTT Impulse
Same old routine for the next 100 yearshttp://www.vttresearch.com/Impulse/Pages/Same-old-routine-for-the-next-100-years.aspxSame old routine for the next 100 years
Serious efforts to boost the Finnish economyhttp://www.vttresearch.com/Impulse/Pages/Serious-efforts-to-boost-the-Finnish-economy.aspxSerious efforts to boost the Finnish economy
An export product tougher than nailshttp://www.vttresearch.com/Impulse/Pages/An-export-product-tougher-than-nails.aspxAn export product tougher than nails
Impulse 2/2014http://www.vttresearch.com/Impulse/Pages/Impulse-2-2014.aspxImpulse 2/2014
Impulse 1/2016http://www.vttresearch.com/Impulse/Pages/Impulse-1-2016.aspxImpulse 1/2016
Impulse 2/2015http://www.vttresearch.com/Impulse/Pages/Impulse-2-2015.aspxImpulse 2/2015
The rise of robotic carshttp://www.vttresearch.com/Impulse/Pages/The-rise-of-robotic-cars.aspxThe rise of robotic cars
Impulse 1/2017http://www.vttresearch.com/Impulse/Pages/Impulse-1-2017.aspxImpulse 1/2017
Impulse 1/2014http://www.vttresearch.com/Impulse/Pages/Impulse-1-2014.aspxImpulse 1/2014
Impulse 2/2016http://www.vttresearch.com/Impulse/Pages/Impulse-2-2016.aspxImpulse 2/2016
Impulse 1/2015http://www.vttresearch.com/Impulse/Pages/Impulse-1-2015.aspxImpulse 1/2015
What's going on in Australia?http://www.vttresearch.com/Impulse/Pages/Whats-going-on-in-Australia.aspxWhat's going on in Australia?
Turbine blades bring millions in savingshttp://www.vttresearch.com/Impulse/Pages/Turbine-blades-bring-millions-in-savings.aspxTurbine blades bring millions in savings
How to become a leading country in flexible energy production systemshttp://www.vttresearch.com/Impulse/Pages/How-to-become-a-leading-country-in-flexible-energy-production-systems.aspxHow to become a leading country in flexible energy production systems
Let's make bioeconomy a realityhttp://www.vttresearch.com/Impulse/Pages/Lets-make-bioeconomy-a-reality.aspxLet's make bioeconomy a reality
International entrepreneurship does not happen overnight it needs to be nurturedhttp://www.vttresearch.com/Impulse/Pages/International-entrepreneurship-does-not-happen-overnight-it-needs-to-be-nurtured.aspxInternational entrepreneurship does not happen overnight it needs to be nurtured
Before information gets lost in numbershttp://www.vttresearch.com/Impulse/Pages/Before-information-gets-lost-in-numbers.aspxBefore information gets lost in numbers
All sights on generationhttp://www.vttresearch.com/Impulse/Pages/All-sights-on-generation.aspxAll sights on generation
Tracking peoplehttp://www.vttresearch.com/Impulse/Pages/Tracking-people.aspxTracking people
The future 5G network proceeds to test phase in Ouluhttp://www.vttresearch.com/Impulse/Pages/The-future-5G-network-proceeds-to-test-phase-in-Oulu.aspxThe future 5G network proceeds to test phase in Oulu
It is the duty of entrepreneurs to seek growthhttp://www.vttresearch.com/Impulse/Pages/It-is-the-duty-of-entrepreneurs-to-seek-growth.aspxIt is the duty of entrepreneurs to seek growth
Research with impacthttp://www.vttresearch.com/Impulse/Pages/Research-with-impact.aspxResearch with impact
Finland’s old nuclear research reactor to be decommissioned – New Centre for Nuclear Safety under constructionhttp://www.vttresearch.com/Impulse/Pages/Finlands-old-nuclear-research-reactor-to-be-decommissioned-new-centre-for-nuclear-safety-under-construction.aspxFinland’s old nuclear research reactor to be decommissioned – New Centre for Nuclear Safety under construction
Digital ecosystems are emerginghttp://www.vttresearch.com/Impulse/Pages/Digital-ecosystems-are-emerging.aspxDigital ecosystems are emerging
Professor Tiina Mattila-Sandholm, Valio: Businesses and researchers need to find each other in a new wayhttp://www.vttresearch.com/Impulse/Pages/Professor-Tiina-Mattila-Sandholm-Valio-Businesses-and-researchers-need-to-find-each-other-in-a-new-way.aspxProfessor Tiina Mattila-Sandholm, Valio: Businesses and researchers need to find each other in a new way
More speed to network services with 5Ghttp://www.vttresearch.com/Impulse/Pages/More-speed-to-network-services-with-5G.aspxMore speed to network services with 5G
Minister of Economic Affairs Olli Rehn: Renewal of economy will bring new growthhttp://www.vttresearch.com/Impulse/Pages/Renewal-of-economy-will-bring-new-growth.aspxMinister of Economic Affairs Olli Rehn: Renewal of economy will bring new growth
Swift and agile in business and in the foresthttp://www.vttresearch.com/Impulse/Pages/Swift-and-agile-in-business-and-in-the-forest.aspxSwift and agile in business and in the forest
Finland on its way towards low-carbon year 2050http://www.vttresearch.com/Impulse/Pages/Finland-on-its-way-towards-low-carbon-year-2050.aspxFinland on its way towards low-carbon year 2050
Risk management in an increasingly complex worldhttp://www.vttresearch.com/Impulse/Pages/Risk-management-in-an-increasingly-complex-world.aspxRisk management in an increasingly complex world
The story of Finlandhttp://www.vttresearch.com/Impulse/Pages/The-story-of-Finland.aspxThe story of Finland
Demand for energy storage is growing rapidlyhttp://www.vttresearch.com/Impulse/Pages/Demand-for-energy-storage-is-growing-rapidly.aspxDemand for energy storage is growing rapidly
Passion spurs researchhttp://www.vttresearch.com/Impulse/Pages/passion-spurs-research.aspxPassion spurs research
Quantum standards for the new SI systemhttp://www.vttresearch.com/Impulse/Pages/Quantum-standards-for-the-new-SI-system.aspxQuantum standards for the new SI system
Are environmental claims believable?http://www.vttresearch.com/Impulse/Pages/Are-environmental-claims-believable.aspxAre environmental claims believable?
The perfect pilot environment for Arctic solutionshttp://www.vttresearch.com/Impulse/Pages/The-perfect-pilot-environment-for-Arctic-solutions.aspxThe perfect pilot environment for Arctic solutions
There is no better innovation model in the worldhttp://www.vttresearch.com/Impulse/Pages/There-is-no-better-innovation-model-in-the-world.aspxThere is no better innovation model in the world
Clearing the way for new materials with ChemSheet technologyhttp://www.vttresearch.com/Impulse/Pages/Clearing-the-way-for-new-materials-with-ChemSheet-technology.aspxClearing the way for new materials with ChemSheet technology

CONTACT US

P.O. Box 1000, FI-02044 VTT, Finland
Tel. exchange +358 20 722 111
Opening hours Mon - Fri 8:00 - 16:30,
UTC +2 time zone

CUSTOMER SERVICE

info@vtt.fi
Tel. +358 20 722 7070
Opening hours Mon - Fri 9:00 - 11:00 and 12:00 - 15:00,
UTC +2 time zone