ICT and Economic Development Nokia’s role in Finland.
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Transcript of ICT and Economic Development Nokia’s role in Finland.
ICT and Economic Development
Nokia’s role in Finland
impacts and risks
risks to remember:employment, subcontractors, local
economymajor share of economic growth and value
of exportsstock exchangepolitical impacts: welfare state
(contribution to the Finnish national economy)?
impacts and risks
educational impacts: educational policy (skilled labor)
small economy in a global systemculture and society: what are the reasons
behind this development?mobile labor forceFinland as a test case for ICT development; (regulatory and political environment in
society)
ICT & Finland
Nokia’s R & D share is 20 % of the total R & D expenditure in Finland
(without subcontractors’ R & D input)in 1999 Nokia’s export was 20 % total
exportsin 1999 Nokia contributed with 1 % of the
GDP growth as the whole electrotechnical industry contributed with 1.2 %
Nokia accounted about 3 % of the total GDP in 1999
ICTs & Finland
in product specialization Finland ranks first with telecommunications equipment exports (second is Sweden) and Japan is third
Nokia’s share of the total employment in Finland was only about 20 000 but the whole ICT cluster employed in 199872 000 people
ICTs and Finland
turnover of the ICT cluster was 80 billion FM and Nokia’s share of that was 35 billion FM in 1997
ICT cluster:components and contract manufacturing,(8 billion FM)
ICT equipment, networks and related services (57 billion)
telecom services (15.5 billion)