28 Sep 2015   |   32 pages   |  

The impact of high-growth entrepreneurship policy in Finland

This report explores the effectiveness of Finland’s high-growth entrepreneurship policy: whether or not this policy has helped mitigate money and skills gaps in the Finnish entrepreneurial ecosystem, thereby helping new firms grow.

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Using Finnish data and comparisons with Nordic neighbours and other countries, the report
concludes that policy in this area, if correctly designed, can be effective in helping new firms mobilise financial and managerial resources and to achieve higher growth. The key proposition is that policy initiatives that exhibit a high degree of selectiveness based on growth motivation; that stage support according to milestone achievement; and that solicit active public–private collaboration can be effective in facilitating the growth of new ventures.