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NOKIA - A Big Company in a Small Country

Author

Listed:
  • Ali-Yrkkö, Jyrki
  • Paija, Laura
  • Reilly, Catherine
  • Ylä-Anttila, Pekka

Abstract

Nokia has undergone a major metamorphosis. Emerging as a conglomerate with a number of different business lines, Nokia has been transformed into a pure telecommunications company. At the same time, the company has also internationalised by investing abroad. Despite the heavy internationalisation program, Finland still is an important place for Nokia. A large share of the company’s production and research and development (R&D) is conducted in Finland. Thus, in this study, we analyse how Nokia has affected the Finnish economy. We study the impacts on exports, R&D and GDP. We conclude that Nokia has had a considerable effect on the Finnish economy. Although Nokia is the major player within the Finnish ICT (Information and Communication Technology) cluster, it does not comprise the whole cluster. Numerous new ICT companies have been established during the past few years and other previously established companies have also grown drastically.

Suggested Citation

  • Ali-Yrkkö, Jyrki & Paija, Laura & Reilly, Catherine & Ylä-Anttila, Pekka, . "NOKIA - A Big Company in a Small Country," ETLA B, The Research Institute of the Finnish Economy, number 162, June.
    • Handle: RePEc:rif:bbooks:162
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    Citations

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    Cited by:

    1. Alex Coad, 2018. "Firm age: a survey," Journal of Evolutionary Economics, Springer, vol. 28(1), pages 13-43, January.
    2. Morosini, Piero, 2004. "Industrial Clusters, Knowledge Integration and Performance," World Development, Elsevier, vol. 32(2), pages 305-326, February.
    3. Nurmi, Niina & Koroma, Johanna, 2020. "The emotional benefits and performance costs of building a psychologically safe language climate in MNCs," Journal of World Business, Elsevier, vol. 55(4).
    4. repec:zbw:bofrdp:2009_026 is not listed on IDEAS
    5. Ron A. Boschma & Markku Sotarauta, 2007. "Economic policy from an evolutionary perspective: the case of Finland," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 7(2/3/4/5), pages 156-173.
    6. Jokivuolle, Esa & Virén, Matti & Vähämaa, Oskari, 2009. "Transmission of macro shocks to loan losses in a deep crisis: the case of Finland," Research Discussion Papers 26/2009, Bank of Finland.
    7. Ali-Yrkkö, Jyrki, . "Nokia's Network - Gaining Competitiveness from Co-operation," ETLA B, The Research Institute of the Finnish Economy, number 174, June.
    8. Ebersberger, Bernd & Czarnitzki, Dirk & Fier, Andreas, 2004. "The Relationship between R&D Collaboration, Subsidies and Patenting Activity: Empirical Evidence from Finland and Germany," ZEW Discussion Papers 04-37, ZEW - Leibniz Centre for European Economic Research.
    9. Tylecote, Andrew & Ramirez, Paulina, 2006. "Corporate governance and innovation: The UK compared with the US and 'insider' economies," Research Policy, Elsevier, vol. 35(1), pages 160-180, February.

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