Finland has consistently ranked as one of the most innovative countries, recently advancing to 6th place in the 2023 Global Innovation Index (GII) by WIPO. (Source) This upward trend reflects Finland’s strategic investments in infrastructure, institutions, and human capital, which have contributed to its remarkable growth in innovation outputs. This article presents two lists: one ranking companies based in Finland and another ranking companies with headquarters outside Finland based on patent count. These comprehensive rankings provide valuable insights into Finland’s innovation landscape and its global implications, while offering insights into current and future technological trends.
Finland based Innovative Companies
Rank | Company | Patent Count | HQ Country | Sector |
1 | Valmet | 152 | Finland | Automation |
2 | Neste | 119 | Finland | Oil & Gas |
3 | Elisa Oyj | 90 | Finland | Telecommunications |
4 | UPM | 83 | Finland | Paper Mill Company |
5 | VTT Technical Research Centre of Finland | 82 | Finland | Research & Technology |
6 | Nokia Tech | 46 | Finland | Research & Technology |
9 | Metso | 36 | Finland | Industrial Machinery |
7 | Dispelix | 28 | Finland | Waveguide Combiners Manufacturing |
8 | Kemira | 27 | Finland | Chemical Industry |
10 | Nokia Solutions & Networks | 21 | Finland | Telecommunications |
11 | Ponsse | 20 | Finland | Forestery Vehicles and Machinery |
12 | Beneq | 19 | Finland | Film Coatings & Equipment |
13 | Picosun | 15 | Finland | Metal Fabricator |
14 | Infinited Fiber | 13 | Finland | Textile Recycling |
15 | Stora Enso | 12 | Finland | Packaging Company |
16 | Planmeca | 12 | Finland | Dental Equipment |
17 | Konecranes | 12 | Finland | Crane Manufacturer |
18 | Acon | 11 | Finland | Sports Products Manufacturer |
19 | Medicortex Finland | 11 | Finland | Healthcare |
20 | Coolbrook | 10 | Finland | Engineering & Technology |
21 | Kempower | 10 | Finland | Electric Vehicle Charging |
22 | Suunto | 9 | Finland | Electronics |
23 | Moviator Oy | 9 | Finland | Information Technology |
24 | Myllyn Paras | 9 | Finland | Food Production |
25 | EcoUp | 9 | Finland | Recyclable Construction Materials Manufacturer |
26 | ABLOY | 9 | Finland | Security & Lock Manufacturer |
27 | KWH Mirka | 9 | Finland | Abrasives & Sanding Machines Manufacturer |
28 | Metsa Board | 9 | Finland | Packaging Company |
29 | Nightingale Health | 8 | Finland | Healthcare |
30 | Canatu | 8 | Finland | Carbon Nanonmaterial Developer |
31 | Rautaruukki | 8 | Finland | Industrial Machinery |
32 | Safegrid | 7 | Finland | Electric Fault Monitoring System |
33 | Proventia | 7 | Finland | Motor Vehicle Manufacturing |
34 | Fazer | 7 | Finland | Food Production |
Key Findings:
The dataset showcases the technological diversity in the innovation landscape of Finland.
Industrial and Environmental Solutions: Valmet (ranked 1st), UPM (ranked 4th) and Metso (ranked 9th)
Energy and Chemicals: Neste (ranke 2nd) and Kemira (ranked 8th)
Telecommunications and Electronics: Nokia Tech (ranked 6th), Dispelix (ranked 7th) and Nokia Solutions & Networks (ranked 10th)
Biotechnology and Healthcare: VTT Technical Research Centre (ranked 5th), Planmeca (ranked 16th), Medicortex Finland (ranked 19th) and Nightingale Health (ranked 29th)
Sustainable Solutions: Infinited Fiber (ranked 14th) and Stora Enso (ranked 15th)
Heavy Machinery and Automation: Ponsse (ranked 11th) and Konecranes (ranked 17th)
Food Production: Myllyn Paras (ranked 24th) and Fazer (ranked 34th)
Insights and Takeaways:
Companies like Coolbrook (ranked 20th), Kempower (ranked 21st) and Safegrid (ranked 32nd) with fewer patents indicate the emerging innovation hubs focusing on niche technologies and novel market solutions.
Foreign Innovative Companies in Finland
Rank | Company | Patent Count | HQ Country | Sector |
1 | 35 | United States | Information Technology | |
2 | Huawei | 33 | China | Information & Communications Technology |
3 | ZTE | 32 | China | Telecommunications |
4 | NTT Docomo | 29 | Japan | Mobile Phone Operator Company |
5 | Regeneron Pharmaceuticals | 27 | United States | Biotechnology |
6 | Roche | 27 | Switzerland | Pharmaceuticals |
7 | Oppo | 24 | China | Telecommunications |
8 | Andriz | 24 | Austria | Industrial Machinery |
9 | LG Electronics | 23 | South Korea | Electronics |
10 | Umicore | 21 | Belgium | Materials Technology |
11 | Sandvik | 20 | Sweden | Mining and Rock Technology |
12 | Arcelormittal | 20 | Luxembourg | Steel Manufacturing |
13 | Samsung Electronics | 20 | South Korea | Electronics |
14 | Virta | 19 | United Kingdom | Electric Vehicle Charging |
15 | Voith Patent Gmbh | 19 | Germany | Industrial Machinery |
16 | Apple | 18 | United States | Technology |
17 | Man Energy Solutions | 14 | South Africa | Industrial Machinery |
18 | Novartis | 14 | Switzerland | Pharmaceuticals |
19 | ABB | 14 | Switzerland | Automation |
20 | Illumina | 14 | United States | Biotechnology |
21 | Edwards Lifesciences | 14 | United States | Medical Technology |
22 | Pfizer | 13 | United States | Pharmaceuticals |
23 | Signify | 12 | Netherlands | Lighting Systems |
24 | BASF | 12 | Germany | Chemical Industry |
25 | Husqvarna | 12 | Sweden | Power Products Manufacturer |
26 | Yokohama Rubber | 12 | Japan | Tire Manufacturer |
27 | F L Smidth | 12 | Denmark | Industrial Machinery |
28 | Fronius International | 12 | Austria | Photovoltaic Manufacturer |
29 | Amgen | 11 | United States | Healthcare |
30 | Roche Diabetes Care | 11 | Switzerland | Healthcare |
31 | Merck | 11 | United States | Pharmaceuticals |
32 | Hamamatsu Photonics | 11 | Japan | Optical Sensor Manufacturer |
33 | Blackberry | 10 | Canada | Cybersecurity |
34 | John Deere | 10 | United States | Industrial Machinery |
35 | Skechers | 10 | United States | Footwear |
36 | Epiroc Rock Drills | 9 | Sweden | Mining and Rock Technology |
37 | ZF Friedrichshafen | 9 | Germany | Vehicle Parts Manufacturer |
38 | Bristol Myers Squibb | 9 | United States | Pharmaceuticals |
39 | Abbott Diabetes Care | 9 | United States | Healthcare |
40 | Framery | 9 | United Kingdom | Soundproof Pods & Booths Manufacturer |
41 | Robert Bosch | 8 | Germany | Engineering & Technology |
42 | El Ho | 8 | Holland | Sustainable Plant Pots Manufacturer |
43 | Qualcomm | 8 | United States | Semiconductor |
44 | Solenis Tech Cayman | 8 | United States | Chemical Industry |
45 | Eli Lilly | 8 | United States | Pharmaceuticals |
46 | Alfa Laval | 8 | Sweden | Industrial Machinery |
47 | Metabo Fiber | 7 | Germany | Power Products Manufacturer |
48 | Fujitsu | 7 | Japan | Information & Communications Technology |
49 | Wing Aviation | 7 | United States | Drone Manufacturer |
50 | Novozymes | 7 | Denmark | Biotechnology |
51 | Schneider Electric | 7 | France | Automation |
52 | Lenzing | 7 | Austria | Chemical Industry |
53 | Sulzer | 7 | Switzerland | Industrial Engineering & Manufacturing |
54 | Atlas Copco Airpower | 7 | Sweden | Air Treatment Systems |
55 | Siemens Mobility | 7 | Germany | Rail Technology & Traffic Systems |
56 | Topsoe | 7 | Denmark | Chemical Industry |
57 | Takeda Pharmaceuticals | 7 | Japan | Pharmaceuticals |
58 | Bayer | 7 | Germany | Pharmaceuticals |
59 | Boehringer Lngelheim Vetmedica | 7 | Germany | Pharmaceuticals |
60 | Parma Company | 7 | United States | Farm Equpiment Supplier |
61 | Evonik Operations | 7 | Germany | Chemical Industry |
62 | Oxford Instruments Nanotechnology | 7 | United Kingdom | Industrial Machinery |
63 | Ericsson | 7 | Sweden | Information & Communications Technology |
64 | Nestle | 7 | Switzerland | Food Production |
65 | Rockwool International | 6 | Denmark | Mineral Wool Manufacturing |
66 | Yeti Coolers | 6 | United States | Outdoor Products |
Key Findings:
Information Technology and Telecommunications: Google (ranked 1st), Huawei (ranked 2nd), ZTE (ranked 3rd), NTT Docomo (ranked 4th), Oppo (ranked 7th), LG Electronics (ranked 9th) and Apple (ranked 16th)
Biotechnology and Pharmaceuticals: Regeneron Pharmaceuticals (ranked 5th), Roche (ranked 6th), Novartis (ranked 18th), Edwards Lifesciences (ranked 21st) and Pfizer (ranked 22nd)
Industrial Machinery: Andritz (ranked 8th), Man Energy Solutions (ranked 17th) and Alfa Laval (ranked 46th)
Electronics: LG Electronics (ranked 9th) and Samsung Electronics (ranked 13th)
This dataset highlights significant contributions from companies to Finland’s innovation landscape. From industrial machinery to biotech and sustainable materials, these companies drive significant advancements, reinforcing Finland’s role as a global innovation leader.
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