For Korea, data are for 2002-04 for manufacturing and 2000-02 for services. While universities and government research institutes are considered a valuable source of knowledge for companies’ innovation activities, especially in more upstream research and exploration activities, they represent only a small share of collaborations on innovation. Firms in Finland report the largest share of collaboration with higher education or government institutions (15%) compared to only 2.4% in Japan (OECD, 2009a, p. 57).