Finland and Nokia: Creating the Worlds Most Competitive Economy Harvard Case Solution & Analysis

Finland, with a particular language and culture has developed in the country between the west (the Nordic region and Europe) and the east (especially its neighbor Russia). In 1980 began the process of moving from an investment-driven economy to an innovative one. With the collapse of the Soviet Union around 1990, Finland has reached crisis. This case covers the policy changes made in 1990 and how, by 2002, the country has managed to become one of the most competitive in the world. Much of the success can be attributed to the dynamic cluster of telecommunications - particularly, Nokia, which accounts for about 70% to 80% of the cluster exports and the world leader in mobile phones. Nokia also reached a crisis in 1990. "Hide
by Michael E. Porter, Orjan Solvell Source: Harvard Business School 23 pages. Publication Date: January 25, 2002. Prod. #: 702427-PDF-ENG

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