VTT has created solutions worth hundreds of millions that help our customers and the society improve productiveness and wellbeing.
VTT's impacts on growth, employment and wellbeing come about mainly through the improvements of VTT customers' competitiveness. VTT's activities have impacts on business enterprises, the innovation environment and the society.
VTT creates business from technology (impacts on business enterprises)
By creating and applying new technology VTT improves the competitiveness of products and services and promotes the creation of new businesses. VTT can help its customers and co-operation partners at all stages of the innovation process providing services from technology foresight to product development, concept development, commercialisation, testing and venturing. VTT improves the productivity of R&D activities by developing and helping to speed up the innovation process.
VTT is an integral part of Finland's innovation system (impacts on the innovation system)
By creating science-based innovations VTT promotes confidence in the benefits of innovative activity. VTT helps to strengthen cutting-edge research in technology centres and promotes co-operation in the global innovation network. VTT boosts regional innovative activity and thereby creates wellbeing and new competitiveness.
VTT creates wellbeing in the society (impacts on the society)
Through the generation of new business opportunities based on new and improved products and processes VTT helps to create new jobs and wellbeing and enhance safety and security of our living environment. VTT promotes the development of industries and public services as well as norms and standards and provides a sound knowledge base that can be utilised in social decision-making.
Impact of VTT’s projects (Taloustutkimus Oy, VTT customer survey, 2013)
Share of survey respondents who had this benefit as their goal in their VTT project and felt that the benefit was generated in the project:
95% reported that their knowledge base and expertise had improved.
95% thought that a VTT project had promoted networking.
89% believed that a VTT project had speeded up or otherwise improved research
and development work.
78% confirmed that new products, services or processes were created.
76% believed that a VTT project had contributed positively towards the opening
up of new business opportunities.
75% said that a VTT project had promoted their marketing.
73% reported that their competitiveness had improved.
68% said that a new business concept or a new earnings model was created.
57% reported that a whole new technology was adopted.
Senior Vice President, Communications
+358 20 722