Appendix table 17. Factors hampering innovation activities 2014-2016, importance of factors, share of enterprises with innovation activity

Industry High
importance
Medium
importance
Low
importance
Not
important
% % % %
All NACE -
Total
Lack of internal finance for innovation 14.3 24.2 27.5 34.0
Lack of credit or private equity 6.7 14.2 29.2 49.9
Innovation costs too high 12.2 33.1 27.5 27.3
Lack of skilled employees within the enterprise 12.0 35.0 33.1 19.9
Lack of collaboration partners 2.3 21.8 43.3 32.7
Difficulties in obtaining government grants or subsidies for innovation 9.0 17.2 29.7 44.1
Uncertain market demand for the ideas for innovations 8.6 28.5 30.5 32.3
Too much competition in the market 9.4 30.4 32.3 27.9
Manufacturing Lack of internal finance for innovation 16.8 28.3 26.9 28.0
Lack of credit or private equity 6.7 16.2 35.2 41.8
Innovation costs too high 14.3 33.9 30.5 21.3
Lack of skilled employees within the enterprise 10.2 39.8 34.1 15.9
Lack of collaboration partners 2.5 21.7 46.4 29.4
Difficulties in obtaining government grants or subsidies for innovation 10.5 19.3 34.5 35.7
Uncertain market demand for the ideas for innovations 10.0 30.3 32.6 27.1
Too much competition in the market 11.8 31.3 33.0 23.8
Services Lack of internal finance for innovation 12.1 20.4 28.1 39.5
Lack of credit or private equity 6.6 12.4 23.7 57.3
Innovation costs too high 10.2 32.3 24.7 32.8
Lack of skilled employees within the enterprise 13.7 30.6 32.2 23.6
Lack of collaboration partners 2.0 21.9 40.4 35.7
Difficulties in obtaining government grants or subsidies for innovation 7.6 15.3 25.3 51.8
Uncertain market demand for the ideas for innovations 7.4 26.9 28.7 37.1
Too much competition in the market 7.1 29.6 31.7 31.6

Source: Innovation 2016, Statistics Finland

Inquiries: Mervi Niemi 029 551 3263, Heidi Pirkola 029 551 3246, tiede.teknologia@stat.fi

Director in charge: Sami Saarikivi


Updated 12.4.2018

Referencing instructions:

Official Statistics of Finland (OSF): Innovation [e-publication].
ISSN=1797-4399. 2016, Appendix table 17. Factors hampering innovation activities 2014-2016, importance of factors, share of enterprises with innovation activity . Helsinki: Statistics Finland [referred: 24.6.2019].
Access method: http://www.stat.fi/til/inn/2016/inn_2016_2018-04-12_tau_017_en.html