Finland’s workforce is highly educated and computer literate. The knowledge transfer between business and universities has been one of the key factors in Finland’s track record of innovation and economic success.
According to WEF’s Global Competitiveness Report 2010-2011, Finland has the best availability of scientists and engineers in the world and they are trained by one of the best educational system in the world. The workforce also includes a large number of other professionals with university degrees in diverse fields. However, labor costs are lower in Finland compared to the other Nordic countries.
Finland’s education system has consistently achieved outstanding results. WEF’s Global Competitiveness Index ranks the quality of the system as the best in the world. In OECD’s Programme for Student Assessment (PISA) surveys Finnish students lead the rankings in combined learning results for science, mathematics and literacy. About a third of Finland’s working population has a degree or higher qualification.