Corporate business model transformation and inter-organizational cognition: the case of Nokia
This article distinguishes between a firm’s corporate business model and business models of its various business units. Our aim is to provide new insights into how executives’ cognitive processes can influence corporate business model transformation decisions. We focus especially on top managers’ recognition of inter-organizational cognitions, that is, such cognitions about the firm and its businesses that are shared by the top managers and stakeholders of the firm in the industries and communities where it operates. We support our theoretical work with an historical case study of Nokia’s corporate business model transformation between 1990 and 1996, which proved highly successful. We find …
Explaining corporate short-termism: self-reinforcing processes and biases among investors, the media and corporate managers
Based on the related literature in economics, organizational sociology and the sociology of finance, this article constructs a novel conceptual explanation for corporate short-termism, that is, the ...
The curse of agility : The Nokia Corporation and the loss of market dominance in mobile phones, 2003–2013
We investigate how and why the Nokia Corporation failed to develop a successful strategic response to the threats of Apple and Google in the smartphone business and instead worsened its situation through several badly timed decisions. We identify key choices in technology and organisational design that jointly constituted sufficient cause for the abandonment of the mobile phone business. By focusing on choices instead of attributes (e.g. fear or hubris), we make progress in strategic failure research and simultaneously emphasise the strength of oral history methods and the philosophy of history as fruitful starting points for such an inquiry. peerReviewed
Global Demand for Paper Products: 2006–2050
Our aim is to formulate and present global demand forecasts for several paper products for the main regions of the world for the period 2005-2050. Our forecasts, while based on standard regression modeling, differ from existing ones in that they are based not only on historical observed consumption patterns and projections of economic growth, but also take into account changes in the demographic constitution of countries and regions, and incorporate the assumption that beyond certain level economic prosperity (here in terms of GDP per capita) does not translate into increased demand for paper products. Our key results are threefold. First, the demand for paperboard and hygiene products will…
Vacuum Rabi Splitting and Strong-Coupling Dynamics for Surface-Plasmon Polaritons and Rhodamine 6G Molecules
We report on strong coupling between surface plasmon polaritons (SPP) and Rhodamine 6G (R6G) molecules, with double vacuum Rabi splitting energies up to 230 and 110 meV. In addition, we demonstrate the emission of all three energy branches of the strongly coupled SPP-exciton hybrid system, revealing features of system dynamics that are not visible in conventional reflectometry. Finally, in analogy to tunable-Q microcavities, we show that the Rabi splitting can be controlled by adjusting the interaction time between waveguided SPPs and R6G deposited on top of the waveguide. The interaction time can be controlled with sub-fs precision by adjusting the length of the R6G area with standard lith…