Nokia and Finland

Case study: Finland and Nokia 1. How was Finland able to move from a sleepy economy to one of the most competitive lands in the ball by the eradicate of the 1990s? Finland was considered a sleepy sphere even after their independence from Sweden, depending its economy mainly on the Soviet Union by exporting its natural resources. Finland even so slowly but constantly developed its economy up to the OECD average, following the models of its Nordic neighbors to invest highly in mixer welfare and public infrastructure. Also, Finland had gone though dramatic reassign in its macroeconomic policy starting from 1970s, featuring fixed nominal phrase exchange rate, centralized wage bargaining, and an increasing fiscal cipher though the 1980s. Strict financial market regulations held contain companies antipathetical in international market but by the end of 1980s the financial markets were liberalized and access to international capital markets had plough easier. Finish companies also have strong ties with Finish banks, well-favoured greater advantages in competition with other Nordic countries. some other industry which Finland invested greatly to precede its development was on education. Finland dribble much money on education compared to other European countries.

Such investment helped Finlands development and made Finland more compatible to other nations. 2. How was Finland able to become a world-leading nation in mobile conferences? Why did this cluster pop out rather than others? One distinctive reason why Finland could be a world-leading nation in mobile communication is because of the sign demand of such subscribe. Due to Finlands geographical character, Finish population is spread thinly across the country and hardly few cities such as Helsinki, Espoo and Vantaa is heavily populated. For such reason, a wired communication was not suitable in Finland and the need for wireless communication grew, naturally developing mobile communication technology. Despite such stimulant which... If you want to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!