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Strategic Turning Points in ICT Business: The Business Development, Transformation, and Evolution in the Case of Nokia
Abstract
This chapter is studying strategic turning points in ICT business using Nokia as an example. Though several transformational phases of Nokia, the business is going on and being profitable. The main branch in the business has changed several times, also during the last decades. The activities of Nokia are still in the ICT, however. The previous main branch of Nokia, mobile and smart phones, has changed into networks technology and business. The case of Nokia proved to be the good example about the business development, transformation and evolution possibilities in the ICT business. This chapter also introduces a long-term perspective strategic turning points and path dependency in the case of Nokia and considers the potential (unintentional) co-evolution development between Nokia and Ericsson.
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