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Boost public and private investment in R&D to 4% of GDP: This is how Finland is looking for its next Nokia (english.elpais.com)

submitted 9 months ago by 0x815@feddit.de to c/europe@feddit.de

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Research and development in Finland hasn’t yet recovered the cruising speed of 3.54% of GDP that it had in 2008, which reached such a high level thanks to the phenomenal contribution of Nokia’s research. According to Sari Multala, the minister of Science and Culture for the Nordic country, the current government has proposed rebuilding that scheme “by [ensuring that] official research institutes further promote collaboration between companies and universities.”

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[–] Vivarevo@sopuli.xyz 5 points 9 months ago

Right wing governments keep cutting funding. Like the current blackblue coalition of economic right and far right parties.

Basic research needs it, and you cant plan for breakthrough monetizing stuff that comes from it.