Outlines of the Finnish Innovation System: The Institutional Setup and Performance

  • Synnöve Vuori
  • Pentti Vuorinen
Conference paper

Abstract

In times of rapid technological change, small countries have specific problems. They are, more than larger ones, affected by the limited availability of resources, by the small size of markets and population, by a limited number of large national carriers of technological know-how, and often also by larger problems of brain drain. They are also more dependent on foreign trade and thus, both more severely hit by protection and more vulnerable to changes in the global competitive scene. Small economies have less opportunities to monitor technical development on a wide front and develop new basic technologies. With growing internationalization and recent structural changes in the world economy, the ‘small country squeeze’ has even worsened and narrowed the domain in which the smaller countries can operate without major problems (see e.g. van Tulder 1989).

Keywords

Migration Europe Petroleum Shipping Marketing 

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Copyright information

© Physica-Verlag Heidelberg 1994

Authors and Affiliations

  • Synnöve Vuori
    • 1
  • Pentti Vuorinen
    • 1
  1. 1.ETLAThe Research Institute of the Finnish EconomyHelsinkiFinland

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