The secret of the global success of Nokia Mobile Phones andEricsson Mobile Communications

摘要

This paper explores why two companies-Nokia Mobile Phones andEricsson Mobile Communications- originating from very similar yetrelatively small countries in global terms, have managed to grow intoworld leading telecommunications companies. It is argued that the macrolevel legal environment as well as the microeconomic businessenvironment of the home markets plays an important role in theinternational prosperity of these companies. Secondly the quality of themicroeconomic foundations of Finland, Sweden and the EU appears toprovide the basis to increase competitiveness of incumbents establishedin the telecommunications industry in these markets. The role of theFinnish and Swedish governments has been significant in helping createthe competitive advantage in the home markets, which thesetelecommunications giants have translated into global market success