The fall of Nokia will bring spring to the Finnish technology industry

As a Finnish giant, Nokia used to be the national symbol of Finland. Many people regarded Nokia's crash as a "disaster" of the Finnish economy. However, according to the "Wall Street Journal" quoted by some Finnish technology industry sources, Nokia's fall will end its siphon effect on the country's talents and allow more young people to start businesses, which will bring the second spring of the Finnish technology industry.

Miki-Kuusi, the general manager of Startup-Sauna, an incubator company in Helsinki, Finland, said: "In the short term, Nokia's fall is a huge national disaster. They have always been the pride of the country, but many people in the entrepreneurial circle It is said that this will encourage many young talents to create their own businesses. "

Nokia ’s position on the Finnish economy is self-evident. According to statistics from the Finnish Economic Research Institute, from 1998 to 2007, Nokia ’s R & D expenditure accounted for 30% of Finland ’s national R & D expenditure, and Nokia completed 20% of Finland ’s exports. In 2000, Nokia contributed 4% of Finland ’s GDP. Nokia also hired Marko-AhTIsaari, the son of Finland ’s former president.

Nokia used to be a large employer in Finland, but many talents have left the company in recent years. According to Nokia statistics, at the end of March 2010, the number of Nokia employees was 125,800, but by the first half of this year, the average number of employees was only 92,800. If Microsoft ’s acquisition of Nokia ’s mobile phone business is successfully completed, a total of 32,000 employees will join Microsoft, including 4,700 in Finland.

The fall of Nokia will bring spring to the Finnish technology industry

Kusi said that many talents from Nokia have successfully started a business. For example, a former Nokia employee is developing the use of static electricity in the air to wirelessly charge mobile phones.

A company founded by former Nokia employees has emerged-ninety percent of Jolla ’s employees have previously worked for Nokia. They have picked up the MeeGo operating system that Nokia gave up and are preparing to produce and sell MeeGo mobile phones. The person in charge of the company said that many employees can use the knowledge learned at Nokia for entrepreneurship, such as how to manufacture products, how to operate internationally, etc.

However, some people question whether the talents from Nokia can adapt to the entrepreneurial environment. Flanders (Patrik-Fagerlund) used to work for Ericsson in Sweden. At the beginning of this century, Ericsson also experienced similar restructuring and layoffs. Flanders now founded Widespace, a mobile advertising company. He said that many laid-off employees are not suitable for starting a business. “It ’s very comfortable to work in a big company. If you do n’t have the support of a big brand, it ’s very difficult for you to get a chance to meet others in a small company.”

The above-mentioned Cousy said that a few years ago, almost every excellent person in Finland thought of Nokia to work, but this situation has changed dramatically. Statistics show that in 2010, 60% of Nokia's employees were younger than 30 years old, 43% of employees learned engineering technology, and 37% of employees had a master's degree or above.

Staffan-Helgesso, a partner at the Swedish venture capital firm Creandum-Adviso, said a similar situation occurred during the restructuring of Ericsson. For example, Transmode, founded by former employees of Ericsson, was listed on the Stockholm stock market. Although the number of successful companies is limited, young people can choose more startups instead of going to Ericsson. At present, Stockholm has a large number of new technology companies and has become a technology center.

But then again, it is a bit exaggerated to judge that Nokia is dying. Dmitri-Sarle, a veteran of Nordic technology entrepreneurship, said that Nokia has funds and R & D resources. They can also produce and sell hardware. Nokia is not sentenced to death. The key to their continued survival is technology research and development.

In addition, Nokia's financial strength is also a positive factor for the Finnish technology industry. However, the above-mentioned Swede Helgesson said that in order to avoid the "old Nokia" mistake, the new Nokia must build a technology ecosystem around itself in the future, that is, not all new products have to be developed by themselves, but support third-party companies to complete this. This ecological model will bring new opportunities for Nokia.

A Nokia spokesperson said that Nokia has always supported and encouraged the development of third-party technology companies. For example, the once-launched "bridge project" helped 1,000 new technology companies, of which 400 were in Finland. Nokia and Microsoft have also created an "application base camp" plan, with $ 24 million in funding to support Windows-Phone application developers.

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