"The paper describes the development of the Finnish electronics industry as well as its innovation activities and innovation management. It also clearly points out the special problems of a small country competing in the field of high technology. One of the essential conclusions is that it is extremely important to ensure good contacts between final users and producers, when a specialized product is going to be developed. This has been one of the success factors of the Finnish industrial electronics sector. This is also important conclusion with regard to the capabilities of different countries to produce CIM-technologies."