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Reconceptualizing Development in the Global Information Age$
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Manuel Castells and Pekka Himanen

Print publication date: 2014

Print ISBN-13: 9780198716082

Published to Oxford Scholarship Online: October 2014

DOI: 10.1093/acprof:oso/9780198716082.001.0001

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Reconstructing the Finnish Model 2.0: Building a Sustainable Development Model?

Reconstructing the Finnish Model 2.0: Building a Sustainable Development Model?

(p.52) Chapter 3 Reconstructing the Finnish Model 2.0: Building a Sustainable Development Model?
Reconceptualizing Development in the Global Information Age

Pekka Himanen

Oxford University Press

The Finnish model of development has shown that it is possible to have a competitive development model that is based on forming a virtuous circle between informational and human development, or, between a competitive innovation-based economy and an inclusive welfare state—without following the Silicon Valley way. Finland developed from a relatively poor agricultural country into a high-tech country of Nokia and Linux, and combined this with one of the world’s most inclusive welfare states. Now, we are in a new situation in which all development models are faced with new, very big challenges. The biggest challenge is the broad project of reconstructing a sustainable development model that can answer to the deeper and even grander challenges, ranging from sustainable economy to sustainable wellbeing and sustainable environment. Therefore, it is analytically a very important moment for reassessing the Finnish model and its ability to represent or reconstruct a sustainable development model.

Keywords:   information age, virtuous circle, sustainable development model, Finnish model, innovation, competitiveness, inclusion, justice, wellbeing society

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