This study is about to analyse and research Finnish Competitiveness, find its implications, and pursue what to learn from the research results, in the era of glocalization. There is a lot of similarity between Korea and Finland, i.e., ruled by neighb...
This study is about to analyse and research Finnish Competitiveness, find its implications, and pursue what to learn from the research results, in the era of glocalization. There is a lot of similarity between Korea and Finland, i.e., ruled by neighbor powers, lack of natural resources, and high role of human resources to economic development. Both countries could not help going abroad and opening their markets because of small domestic markets. Until quite recently both countries have increased the amount of input in terms of capital and labor to enhance economic growth, but it sometimes ended with over-investments and foreign exchange crises in results. Finland has raised her competitiveness from 1995 onwards. Among other things, result oriented culture of central and local government underlay the improvement of the competitiveness, against the belief that result oriented culture did not apply except private sector. Finland established many PPPs(Private Public Parterships) in cooperation with central government, local government, other public sectors, and enterprises to utilize Finnish resources. Science Parks were the most visible examples of PPP. And even Science Parks were managed effcicently by themselves, and let bottomlines be measured by others. There are many other lessons to learn from the Finnish experience.