Wednesday, May 6, 2020

Finland - 1427 Words

Microeconomics of Competitiveness: Firms, Clusters, and Economic Development Submission of Assignment Student : Mas Wigrantoro Roes Setiyadi NPM : 8605210299 Program : S3 – Ilmu Manajemen – Pasca FEUI Date of Submission : September 13, 2005 Case: Finland and Nokia Assignment: 1. How was Finland able to move from a sleepy economy to one of the most competitive nations in the world by the end of the 1990s? 2. How was Finland able to become a world-leading nation in mobile communications? Why did this cluster emerge rather than others? 3. Why did Nokia become the world leader in mobile handsets? 4. What are the critical challenges for the Finnish government in 2001? For participants in the Finnish mobile communications†¦show more content†¦Using The Diamond of National Advantage theory (Porter, 1998), the strategy adopted by Finland begun with crafting factor conditions by creating a standard (Nordic Mobile Telephone / NMT) and adoption of global standards (GSM, CDMA, WCDMA), as a country has strong influence in making technology standard will enjoy economic and other intangible benefits (Goleniewski, 2002). In addition, Finland applied industry cluster strategy, despite though competition in mobile communication business. There are factors that shape the cluster emerge rather than others: a. The cluster represents inclusive approach accommodating all related players in telecommunication equipment industry, it based on value creation from direct raw material to valuable goods and services benefited by users; b. Members of the cluster also coming from capital market as well as education and research institutions; c. Strong personality character as factor conditions owned by Finnish such as pragmatic, honest, quiet, and serious; d. Finnish local customers are sophisticated and demanding for products that may have string impact to global market; e. The cluster also acts as market of production factors for input to the industry, industry benefits from this efficient domestic market; and f. Finish government encourage investment and sustained upgrade forShow MoreRelatedNokia and Finland1010 Words   |  5 PagesCase study: Finland and Nokia 1. How was Finland able to move from a sleepy economy to one of the most competitive nations in the world by the end of the 1990’s? Finland was considered a sleepy country even after their independence from Sweden, depending its economy mainly on the Soviet Union by exporting its natural resources. Finland however slowly but constantly developed its economy up to the OECD average, following the models of its Nordic neighbors to invest highly in social welfare andRead MoreFinland Essay2248 Words   |  9 PagesFinland Your assignment: Pick one country in Eastern Europe. Give a brief history of the country before and after the break up of the Soviet Union. As you explore your country, consider the following: What were the major political and economic forces at work when the Soviet Union wielded power in the region, and how have those forces played out over the last 10 years? I have chosen to write about Finland for my trip. As you can see Finland is located at the far north of this map andRead MoreThe Parliamentary Power Of Finland804 Words   |  4 Pages Finland is a parliamentary democracy with a multiparty political system. It has a mixed presidential and parliamentary system with executive powers divided between the president and the prime minister. 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In addition, the Finnish want everyone to be successful despite their circumstances at home, and one way they doRead MoreIs Emilia Lahti An Important Phenomenon That Can Increase Ones Success Rate?1447 Words   |  6 Pagesadversities†. Over the course of time this word changes depending on the time period. For example, as per the Finnish dictionary in 1975 â€Å"sisucunda† meant a specific location in the body where your guts come from. Sisu originated in the 16th century when Finland was governed by Sweden and the Lutheran clergy to describe them as having a bad temper. Although the true definition of sisu is very inconsistent, the fact that sisu helped the Finnish keep fighting through out history is consistent Brutal subzeroRead MoreThe Past And Present Defining Characteristics Of The Sami Peoples1712 Words   |  7 PagesEvidence suggests human presense in parts of Norway, Sweden, Finland, and even Russia over 9,000 years ago (Joessefson, 142). However, it would not be until thousands of years later that a highly unique and successful tribe would form, known as the Sami. While many Sami have assimilated into modern European culture, central traits still exists within this indigiouns group native to the Sapmi region. Some Sami still practice modes of subsistence, systems of marriage, kinship, social organization,Read MoreAnalysis Of R.tolkien And Henry Wadsworth Longfellow1864 Words   |  8 Pagesnation. (Honko)The Finnish people throughout a large chunk of their existence suffered greatly and had their livelihood constantly under threat. At first it was the oppression of the Swedes, and later in the mid-19th century the Russians. (Screen) Finland was under constant threat of fading and becoming just another part of its oppressor’s culture. The constant threat of the Russians trying to eradicate their way of life is what made the Finns the Finns. This sliver of who they truly were was fueled

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