#4 Finland

A strong commitment to innovation and R&D by both the public and private sectors has played a crucial role in Finland's development into one of the leading knowledge-based economies in the world. Finland has established strong institutions that promote a transparent innovation ecosystem involving companies, research institutes and the public sector. Finland's new innovation university – named Aalto University after renowned Finnish architect and academician Alvar Aalto – has opened up new possibilities for strong multidisciplinary education and research. The knowledge transfer between business and universities has been one of the key factors in Finland's track record of innovation and economic success. (Source: PublicService.co.uk)

R&D intensity: 2^nd

Productivity: 14^th

High-tech density: 11^th

Researcher concentration: 1^st

Manufacturing capability: 31^st

Tertiary efficiency: 3^rd

Patent activity: 23^rd

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