Finland aims to invest 4% of GDP in R&D by 2030

Finland has taken new steps to work towards an investment level of 4% of GDP in R&D activities by 2030. A parliamentary working group on research, development and innovation has presented a final report identifying key areas of development in the Finnish research, development and innovation ecosystem, an assessment of the current state of R&D funding and proposals for the renewal of the Finnish Research and Innovation Council. In the report, the Working Group emphasizes that the RDI system and R&D funding should be developed in a comprehensive and balanced manner, with a long-term perspective. The latter should ensure high-quality, effective research and development work and encourage all actors in the system to remain committed and keep up their investments. The objective is also legally enshrined in the Research and Development Funding Act, which came into force on Jan. 1, 2023.

Persbericht kantoor van de Finse premier
Eindrapport Parliamentary RDI Working Group