Finland told to boost number of PhDs working in R&D

Landmark report sets out strategies to meet ambitious four per cent spending target

Finland must up the number of PhDs working in private research and innovation if it wants to achieve its R&D spending goals, a report has urged.

A parliamentary working group, tasked with finding out how to best allocate public R&D spending, has said that getting more PhDs into the private sector will be crucial in meeting the country’s target of spending four per cent of its GDP on R&D by 2030.