Page 56 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.73, # 2, 2016, pp. 42-61

development, which is done in the industry sector. More than VTT 2400 researchers
who come from 41 different countries are responsible for carrying out the applied
research.
Exhibit 4.2: Public Decision Makers, financiers and R&D performers

Source: VTT Research Center Documents

In 2014, VTT was the second most active patenting organization in Finland
and about 36% of Finnish companies have benefited from expertise of VTT and
innovations carried out at VTT. VTT R&D infrastructure includes the following:
- Biotechnology and food research piloting environment, which offers unique
facilities for the development and customization of bio and food industry
technologies;
- Engine and vehicle labaratory, which enables research on passenger cars as
well as heavy duty vehciles up to 60 tons to develop energy efficiency,
emissions reduction and use of 2nd generation biofuels;
- Center for nuclear safety designed for nuclear technology safety research;

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