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For a long time, Finland has been able to take pride in the fact that approximately 3.5 per cent of the gross national product is invested in research and product development.
This investment yields results. For example, from within Tampere University of Technology (TUT), 14 companies that have a good turnover have emerged in recent years. Moreover, the activities of TUT's Enterprise Club have produced 18 test companies whose business ideas are based on student and researcher innovations.
"Basic research conducted in Tampere has led directly to the commercialization of research - not to speak of applied research. Tampere-based industry has understood the worth of investing in research and education in the name of success and competitiveness," says Jarl-Thure Eriksson, Rector at TUT.
In Tampere, the commercialization of research has been defined as one of the most important tasks of the city's two universities. In addition to stimulating financial growth, innovations also serve both society as a whole and humanity.