Finland
    Key Stakeholders in the Inno System
                            EU Authorities
                            EU Authorities
                              Ministries
                              Ministries
                National    Municipalities        STPs 
                National    Municipalities        STPs 
               Academy
               Academy                          Business 
                                                Business 
              Universities                     Incubators
              Universities                     Incubators
                                                                National Patents
              Polytechnics                      Industrial      National Patents
              Polytechnics                      Industrial       & Registrations 
                                                  Parks          & Registrations 
               Research                           Parks
               Research                                             Bureaus
                                     Funding                        Bureaus
               Institutes            Funding 
               Institutes             Agency                        Invention 
                                      Agency                        Invention 
                                                                  Associations
                                     EU Funds                     Associations
                                     EU Funds
                                                       Regional 
                                     Business          Regional 
                      High-tech      Business 
                      High-tech                      development 
                                      Angels         development 
                     Companies        Angels
                     Companies                          centers
                                       VCs              centers
                      Traditional      VCs
                      Traditional                      Invest-In 
                       Industry                        Invest-In 
                       Industry                      Organizations
                     Companies                       Organizations
                     Companies                            FDI 
                                                          FDI 
                                                     Organizations
                                                     Organizations
   Inno System
                    Inno System
                       INTERACTION          Products, 
         ideas          INTERACTION     processes, services
                       between people, 
                       between people, 
                    companies, universities, 
                    companies, universities, 
                      research and region
                      research and region
    Innovation System Development
    Public  
    support                                         Regional or cluster 
                                                   Regional or cluster 
                                                  development programs 
                                                 development programs 
      1 – Innovation System                               Support of 
      1 – Innovation System           R&D                Support of 
       Potential – Analysing                          growing companies
      Potential – Analysing                           growing companies
                                        Education
                                                               Business
                                                              Business
                                                              incubators
       2 – Willingness to Utilise     Funding models         incubators
      2 – Willingness to Utilise 
         & Develop Potential – 
        & Develop Potential – 
       Joint Vision & Promotion
       Joint Vision & Promotion         Legislation      STP infrastructure 
                                                        STP infrastructure 
                                                             & services
                                                            & services
                  5-8 years                  3-5 years              on-going
    Growth Proccess. Innovation Ecosystem.
                                                             R&D Funding 
                                                  20% Public
             Financing
                                        40-60% 
                                        Public
                                 80% 
                                Public
                       95% 
                       Public
            100% 
            Public
                                                            Science & 
    100%                                                  Technology Park
    Public
                                            Business 
                                            Incubator
                                                   Home for development
                  Invention Foundation
                   Uni Inno Centres
                  Corporate Inno Mgt