On the occasion of the International Day of Happiness, Finland called for increased international business collaboration to address major global challenges and create a better future. The country, which has held the title of the world’s happiest nation for several years according to the World Happiness Report, attributes its success to societal stability, equality, and high levels of political and civil freedom—factors that foster a culture of trust and mutual respect essential for driving innovation and economic growth.
Finland’s success is grounded in a collective approach to problem-solving. The country’s education system emphasizes teamwork, while its business culture values consensus over individual competition. This collaborative spirit is reflected in Finland’s approach to innovation, where public and private sectors work together to deliver disruptive technologies and solutions. Finland’s commitment to maintaining a top-tier research and development environment is evident in its goal to increase R&D expenditure to 4% of GDP by 2030.
Finnish industries, research institutes, universities, and the government form a strong network that continuously drives advancements in areas such as digitalization, sustainability, and governance. This integrated system has helped Finland become a global leader in education, innovation, and sustainability, earning it a place among the world’s most sought-after locations for research and development.
One of the key drivers of Finland’s success is its thriving startup ecosystem. With an estimated 3,800 startups and more than 10 unicorns birthed from its academic institutions, Finland fosters a collaborative environment where businesses support one another. As the saying goes, “a rising tide lifts all boats.” This ecosystem has proven essential for generating innovation and boosting the country’s competitiveness on the global stage.
A notable initiative supporting this environment of collaboration is the Leading Companies Program, organized by Business Finland. This program challenges global companies to undertake ambitious R&D projects, while encouraging collaboration across different industries and sizes. It aims to leverage the collective expertise of businesses and research institutions to address global challenges and create market opportunities. To date, the program has supported 400 companies and 400 research projects, with participation open to international companies with subsidiaries in Finland.
The Finnish philosophy of collaboration is further embodied by the concept of sisu, which represents integrity-driven determination and resilience in the face of challenges. According to Johanna Jäkälä, Executive Director of Finland Promotion Services at Business Finland, sisu is at the heart of Finland’s approach to collaboration. “No one creates change alone,” she said. “We are committed to bringing people and businesses together to team up, make unexpected connections, solve problems together, and create an impact.”
Finland’s dedication to fostering partnerships and innovation is a key part of its commitment to contributing to the global business landscape. For the eighth consecutive year, Finland has been ranked the happiest country in the world, reinforcing its belief that collaborative efforts and mutual respect are essential to success.
About Business Finland
Business Finland is the Finnish government organization dedicated to innovation funding, trade, and investment promotion. With over 760 experts working in more than 40 global offices, Business Finland plays a central role in connecting businesses and driving Finland’s global competitiveness. Part of the Team Finland network, Business Finland supports both Finnish companies and international investors seeking opportunities in Finland.
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