(5)  Investment in research and development  A very important feature of the Finnish “miracle” of the 1990’s and thereafter has been the spectacular rise of the ICT industry, especially mobile telephony. The large share of the ICT sector in Finnish exports and the economy as a whole explains an important part of the country’s rapid productivity growth since the 1990s.
The time horizon set in this study extends well beyond the current adverse conjuncture and illustrates how firmly we believe in the future of our economy, as well as in the need to address its problems seriously.