%0 Journal Article %J Technology Innovation Management Review %D 2015 %T Governance Solutions for Wicked Problems: Metropolitan Innovation Ecosystems as Frontrunners to Sustainable Well-Being %A Timo J. Hämäläinen %K cities %K complexity %K governance %K sustainability %K well-being %K wicked problem %X The growing specialization and interdependence of societies as well as their rapid technological and economic transformation have increased the level of uncertainty and complexity in decision making and the role of wicked problems in policy making. This article analyzes the nature and evolution of wicked problems and argues that they stem from the gap between the complexity of the policy problem and the variety of the corresponding governance arrangements. This complexity gap can be closed with new governance solutions that include participation, interaction, and cooperation among stakeholders; collective learning processes; coordination by mutual adjustment and clear systemic direction, decentralization, diversity, and experimentation; and effective measures to overcome system rigidities and development bottlenecks. For several reasons, cities and metropolitan areas provide ideal ecosystems for addressing wicked problems. They have the requisite variety of resources, capabilities and services, physical proximity that facilitates rich face-to-face communication, learning and cooperation, as well as the right scope for producing and experimenting with the necessary public goods and services. The article concludes by arguing that Finland could become a global frontrunner in solving wicked problems in policy making by adopting a strategy of sustainable well-being. This strategy would build on the world-class well-being knowledge within the Finnish welfare state and the rapidly growing international research on subjective well-being and happiness. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 5 %P 31-41 %8 10/2015 %G eng %U http://timreview.ca/article/935 %N 10 %1 Sitra Timo Hämäläinen is a Fellow in the Strategy Unit of Sitra, the Finnish Innovation Fund, and he is a Docent (Adjunct Professor) of International Business in the University of Eastern Finland. He has also been a visiting scholar in the OECD, Paris, and the Wilson Center, Washington, DC. He holds an MSc in Marketing from Aalto University (Helsinki School of Economics) in Finland and an MBA and a PhD in International Business from Rutgers University in New Jersey, United States. Timo’s research has focused on organizational strategy and theory, institutional economics, long socio-economic cycles, social and institutional innovation, everyday life and well-being, public-sector governance, as well as innovation and industrial policy. His most recent research projects have centered on the changing nature of well-being in advanced societies, sustainable socio-economic model and the development of new business ecosystems. %R http://doi.org/10.22215/timreview/935 %0 Journal Article %J Technology Innovation Management Review %D 2015 %T Sustainable Innovation: A Competitive Advantage for Innovation Ecosystems %A Kaisa Oksanen %A Antti Hautamäki %K innovation %K innovation ecosystem %K sustainability %K sustainable innovation %K well-being %X In this article, we elaborate the emerging concept of sustainable innovation and analyze the relevance of innovation as a means to solve wicked problems and enhancing sustainable well-being. We also examine the changing conditions for innovation creation: building global knowledge hubs and local innovation ecosystems. As a result, the drivers of innovation and opportunities to utilize the untapped innovation potential of people outside traditional innovation contexts are expanded and diversified. Ultimately, the success of sustainable innovation constitutes its impact on the well-being of people and vice versa: sustainable well-being is an important source of innovation and growth. The article adds to the conceptual development of sustainable innovation and its motivation, which lies in combining competitiveness, the well-being of people, and inclusive solutions. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 5 %P 24-30 %8 10/2015 %G eng %U http://timreview.ca/article/934 %N 10 %1 Prime Minister’s Office, Finland Kaisa Oksanen, PhD, is a Senior Specialist at the Prime Minister’s Office, Finland. Her key expertise is related to foresight, socio-technical change, and innovation ecosystems. Previously, she worked at VTT Technical Research Centre of Finland, working with foresight and bio-economy transition. Her background is in social and political sciences, and she has done research on systemic innovation, futures studies, science and innovation policy, service innovation, and sustainable well-being. She has also worked as a research coordinator and innovation researcher in the Agora Center at the University of Jyväskylä and in Finland’s Futures Research Centre at the University of Turku. %2 University of Jyväskylä Antti Hautamäki, PhD, now a Professor Emeritus, was a Research Professor of Service Innovation and the Director of Agora Center at the University of Jyväskylä, Finland. He is also an Adjunct Professor of Philosophy at the University of Helsinki. Antti has published and edited about thirty books and published two hundred articles about philosophy, cognitive science, and innovation. Currently, he works in his firm: Consulting Sustainable Innovation. %R http://doi.org/10.22215/timreview/934