Espoo - The powerhouse of the Finnish Innovation Economy

Innovation Activist Tuula Antola

most competitive (World Economic Forum)

most innovative (Economist Intelligence Unit) Finland

One of the...

most stable (Fund for Peace, Failed States Index)

least corrupt (Transparency International)

countries in the world.

Linking Europe, Russia and Asia

Part of the metropolitan area

Helsinki

Vantaa

EspooKauniainen

Mix of city centres

Leppävaara 62,000

Tapiola 43,000

Matinkylä 36,000

Old Espoo 38,000

Espoonlahti 51,000

Espoo is a great Espoo is a great place to growplace to grow

Espoo is a great Espoo is a great place to growplace to grow

257 000 – 13 800 - 115

20% of residents are under 1520% of residents are under 15

51% of residents over 24 hold a a

university degree

51% of residents over 24 hold a a

university degree

Most households are double earners

Most households are double earners

370,000 m370,000 m22 of new of new buildings annuallybuildings annually

09.04.23A good place to live, learn, work and

enterprise in.13

T3 INNOVATION HUBT3 INNOVATION HUB€5 billion

Within 15 minutes

ICT cluster companies KIBS companies

high value-add jobs

12,0008,500

140,000

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KEILANIEMIKEILANIEMI A BUSINESS HUB BY THE SEAA BUSINESS HUB BY THE SEA

KEILANIEMIKEILANIEMI A BUSINESS HUB BY THE SEAA BUSINESS HUB BY THE SEA

foreign companies

of turnover on Helsinki Stock Exchange

jobs are in ICT businesses

430

20% >50%

OTANIEMIOTANIEMIA NEST FOR START UPS AND INNOVATIONA NEST FOR START UPS AND INNOVATION

Copyright Tuula Antola 2009 19

researchers

R&D centresof Finnish R&D value

50%

5,000

25 students20,000

new hi-tech start-up companies

founded per year80-100+

TAPIOLATAPIOLAA GARDEN CITY WITH A GARDEN CITY WITH

THE CULTURAL ATTRACTIONSTHE CULTURAL ATTRACTIONS

islands lakes kilometres of coastline

165 165 95 95 5858

A city like a central parkA city like a central park

Nuuksio National Park is only 20 km Nuuksio National Park is only 20 km in a beeline away from Nokia HQin a beeline away from Nokia HQ

BikingBiking RidingRiding

SwimmingSwimmingTrekkingTrekkingSkiingSkiing

SkatingSkatingFootballFootball

VolleyballVolleyball

BasketballBasketball Ice hockeyIce hockey

RunningRunningCross-country skiingCross-country skiingSnowboardingSnowboardingggTrack&fieldTrack&field

GolfGolf

09.04.23A good place to live, learn, work and

enterprise in.27

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WHY Espoo said NO to Apotti procurement (Jan 2013)?• Huge financial and operational risks• Only massive (US) corporations could bid on the project – both on building and on maintenance phase

INSTEAD – a modular, open source based system• Also smaller companies are able to bit on the project

Some public digital services

• Wilma - schools• Helmet - libraries• Ilmonet - adult education centers• eRekry – recruiting• The journey planner

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A digital Greater Helsinki service A digital Greater Helsinki service mapmap

available at: available at:

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http://www.hel.fi/palvelukartta/?lang=enhttp://www.hel.fi/palvelukartta/?lang=en

Tuula Antola / Otaniemi Forum 2011

Public data openly available + a growing need for services= Business opportunities

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http://www.hri.fi/en/

• population • living conditions • well-being • economy • employment • commercial activities • housing • environment • urban structure • transport • education • culture e.g.

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http://www.hri.fi/en/

Data pools available on:

09.04.23A good place to live, learn, work and

enterprise in.36

Dare to dare more, learn to unlearn

What if...?What if...?

1 Dream1 Dream2 Unlearn2 Unlearn

3 Pilot3 Pilot4 Learn4 Learn

224 cm224 cm

Tuula Antola / Otaniemi Forum 2011

“Most of the elite athletes had invested so much time in their technique and movements

that they didn’t want to give it up, so they stuck with what they knew.”

(Dick Fosbury)

How can you, your company, your How can you, your company, your organization or your community be organization or your community be part of this success story?part of this success story?

THANK YOU!THANK YOU!