Insights

For Finland to thrive, we need continuous growth in knowhow and Finland-based companies that have the ability to create new and globally competitive businesses. Networks and ecosystems play an increasingly important role in the competitiveness of technology companies and are on the agenda for sustainable growth in Finland and Europe. There are already a number of research and innovation ecosystems seeking for the minimum of billion-euro business. Spinverse recently completed an extensive study, commissioned by Technology Industries of Finland. In the study,  some of these growth-seeking ecosystems in Finland were analysed and recommendations to spur their growth were given.

The exponential development of technology is driving fundamental change in the world. As the pace of change is continuously increasing, people and companies need to understand the nature of exponential growth.

Technology Industries of Finland organised a workshop that discussed the opportunities of EU's Horizon 2020 programme. Spinverse experts Markku Heino and Pirjo Pasanen were invited to give a talk on the topic. In their talk they emphasized that a company must first have a viable business idea, which can be developed into a 100 M€ business.