(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 rise of the Finnish ICT sector has attracted a lot of attention from many countries and governments which would like to enjoy a similar positive transformation.