Benchmarking the Finnish innovation system

Nordic countries rankings of competitiveness and innovation performance in 2010-2011

Indices

Finland

Sweden

Denmark

EU member states overall innovation performance (1)

3

1

2

The Lisbon Review Subindex: Innovation and R&D performance (2)

1

2

3

Overall performance of competitiveness in the Global Competitiveness Index (3)

7

2

9

Innovation index as a component of the Global Competitiveness Index (3)

3

5

10

• Capacity for innovation (3)

5

3

9

• Quality of scientific research institutions

13

5

12

• Company spending on R&D

5

1

7

• University-industry collaboration in R&D

3

5

8

• Gov’t procurement of advanced tech products

6

13

9

• Availability of scientists and engineers

1

3

19

• Utility patents per million population

6

8

15

Sources: (1) Innovation Union Scoreboard 2010 rankings; (2) WEF – The Lisbon Review 2010; (3) WEF – The Global Competitiveness Report 2010-2011