Essays on Managing Innovation at Nokia Corporation Case Study

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The paper 'Managing Innovation at Nokia Corporation " is a good example of a management case study. I suppose you must have an idea of what a firm is? In this case, we will be concentrating on Nokia. Nokia Corporation as it might have occurred to you is ideally a multinational communications corporation headquartered in Espoo, a city that neighbors Finland's capital Helsinki (Andy 2006). Just for you to know, Nokia engages in the manufacture of mobile devices and in services of converging Internet and industries of communications, with over 123,000 employees practically in 120 countries, with sales in more than 150 countries worldwide and global annual revenue estimated at EUR 41 billion and operates profit of € 1.2 billion as of the year 2009.

I know you might be shocked by these figures and wondering why many corporations have not made it this far but get in detail to this paper because you will be answered all your queries in due time. It is the largest mobile telephones manufacturer globally with its global device market share rating at about 33% in the Q2 year 2010, down from earlier 35% in the Q2 year 2009.

Generally, Nokia has been producing mobile devices for every market segment globally and protocol, including W-CDMA (UMTS), GSM, and CDMA (Siegmund, Matthias & Weber 1998, p. 78). Nokia also offers Internet services for instance music, maps, applications, games, media and messaging via its Ovi platform (Andy 2006). As a global company, Nokia has been in the frontline of innovations. GSM (Global Mobile Communications System) has been the most popular standard innovation for mobile telephony systems globally (Fried helm 2002, p. 67).

By now, GSM is used by an estimated 4.3 billion people in over 212 countries and territories (Siegmund, Matthias and Weber 1998, p. 78). Nokia came up with this innovation to capitalize on its ubiquity enabling international roaming arrangements among mobile phone operators and giving subscribers a chance to use their mobile phones in all parts of the world (Siegmund, Matthias and Weber 1998, p. 78). The Nokia’ s GSM innovation differs from the predeceasing technologies in that both speech and signaling channels are digital, and therefore, GSM is a second-generation (2G) system for mobile phones (Fried helm 2002, p. 67).

This is also facilitating the wide-spread achievement of data communication applications into the mobile system.

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