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)