Market Openness, Trade Liberalization And Innovation Capacity In The Finnish Telecom Equipment Industry
Innovation relates to a process connecting knowledge and technology with the exploitation of market opportunities for new or improved products, services and business processes compared to those already available on the market. There is today great interest in understanding how governments can promote innovation and the benefits it brings, as evidenced by the discussions at the 2007 OECD Ministerial Council Meeting.
To gain a better understanding of how trade and investment policies and patterns, in particular, affect countries’ innovation performance, and interact with other key policies influencing the ―framework conditions for innovation, the OECD Trade Committee decided to undertake a ―Trade and Innovation Project. This paper is one of the five case studies commissioned in the framework of this work. Its objective is to examine how Finnish and global policies aimed at promoting market openness and trade and investment liberalization have affected the innovation process in Finland’s (mobile) telecom equipment industry..