Breaking News
Blog

Is Nokia Headed for Troll Country?

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
Page 1 / 2   >   >>
jackOfManyTrades
User Rank
Manager
Re: IP and IP
jackOfManyTrades   9/6/2013 4:20:49 AM
NO RATINGS
To be brutally pedantic...the US hasn't been a province of the UK for some time now... :-)

Sorry - I tried to convey a sense of non-pedantry and "isn't it interesting that" by using the phrase "brutally pedantic". Clearly a fail.

Peter Clarke
User Rank
Blogger
Re: Regional vs business thinking
Peter Clarke   9/5/2013 5:58:18 AM
NO RATINGS
One thing that does not seem to get factored in to free-market, water-flowing-down hill analogies is the different and lengthy time constants associated with some human changes, particularly with regard to relocation. Those different time constants can produce undesirable large temporary imbalances which may still last years or decades. 

For example it seems to ignore the fact that while money flows freely and on a short time constant people, move much more slowly and most relocation options are not allowed by national governments. 

So here is a thought experiment.

Let us imagine only one or a few spots on the surface of planet earth are the best for nurturing exciting employment. Let us say Silicon Valley, Cambridge, Bangalore, Hsinchu, Shanghai. There may be many more but the principle is that globalization seeks to create a polarizing effect that over time makes these hot spots available to wider range of people but to reduce the number of locations. 

With increasing globalization and some freedom of travel it is possible that many many young people would become aware of and wish to emigrate to those places for the work. Only the best would be allowed to do so driving up land/house prices which could be afforded because that is where the work is. The average age in these regions would be younger and there would be additional work in these regions supporting these dynamic and well-paid workers. THIS ALL SEEMS GOOD.

Meanwhile the remaining parts of the world would be gradually empoverished, lose talent, have a higher than global average age of citizen, very many retired and sick people whose low incomes and low taxes would gradually cause the infrastructure to degrade and they would have fewer citizens of working age to service them. THIS IS BAD.

The argument that any and all should emigrate to one of the employment hot spots because that is where the work is, does not hold. The older members of society would not wish to, could not afford to, and would not be allowed to. It is close to saying "nature is cruel and devil take the hindmost."

We have seen similar social polarization effects on a national scale with key workers in health, teaching and other civil amenties being priced out of London and large parts of the rest of the UK becoming "sink" regions that are sustained by government spending of the taxes raised in the affluent regions. 

However, that solution is not available on a global basis where there is no method to redirect funds. 

The net result of such a free-market, pseudo free-movement strategy would be a polarization of global society both in terms of wealth and geography. Which is kind of what we already have! 

The polarization of society is a consequence of globalization which, in turn, increases the rate of this polarization. The natural end point is not civilized and seems neither desirable nor sustainable.

This is more than enough reason for politiicians to step in. The question is then how much intervention is possible? And how much is advisable?

rick merritt
User Rank
Author
Re: IP and IP
rick merritt   9/4/2013 10:57:40 PM
NO RATINGS
Yipes, am I another geographically challenged American provincial!

Charles.Desassure
User Rank
Manager
Nokia can use the funding..,.
Charles.Desassure   9/4/2013 8:21:54 PM
NO RATINGS
Thanks for your post.  Your article is right on point.  Nokia can use the funding right now.  Good move Microsoft.

Bert22306
User Rank
CEO
Re: Regional vs business thinking
Bert22306   9/4/2013 3:34:48 PM
NO RATINGS
"Most people still live in countries with borders and citizens, who hope that they don't necessarily have to travel to another country to find work."

Heh. Why not? I did.

What I consider to be the "politicans' thinking" is what your second quote calls "citizen's point of view." In a global economy, it is becoming less and less realistic to expect that one can make a career where one grew up. Naturally, politicians will try to attract the right kind of jobs, too often in incompetent ways alas, but it's pretty hard to expect companies AND young aspiring professionals to think so narrowly.

Sheetal.Pandey
User Rank
Manager
Re: Regional vs business thinking
Sheetal.Pandey   9/4/2013 2:26:06 PM
NO RATINGS
Unless nokia has something very innovative in mind its going to be tough.but the competition is tough out there and one needs to be focused on what they want.

Ron Neale
User Rank
Blogger
Re: Regional vs business thinking
Ron Neale   9/4/2013 6:33:03 AM
NO RATINGS
""Globalization is like removing dams or other obstructions, that force the water level to be different in different locations.""

More often than not globalization is a nice management speak PR word for exploitation of labor or resources. In many cases it is in the interest of those describing their activities as golobalization to keep the dams of your analogy in place.  Once the water levels are the same it is either time to move on, or in the case of employment bring the jobs back home. 

Peter Clarke
User Rank
Blogger
Re: IP and IP
Peter Clarke   9/4/2013 5:49:34 AM
NO RATINGS
  1. A peninsula in northwestern Europe, occupied by Norway and Sweden.
  2. A cultural region consisting of the countries of Norway, Sweden, and Denmark and sometimes also of Iceland, Finland, and the Faroe Islands.


Peter Clarke
User Rank
Blogger
Re: Regional vs business thinking
Peter Clarke   9/4/2013 5:47:45 AM
NO RATINGS
Globalization is like removing the dams that force water to be at different levels in different regions.

Well put.

And Nokia is already a multinational with far more employees outside Finland than inside.

But the freedom with which money moves and with which companies can be multinational is different to the freedom that people have to move.

In theory I am free to work anywhere in the European Union but i would struggle to get persmission to relocate and work in a lot of other places.

So what do the people in Finland do when the govt says there is not enough tax revenue to maintain central services as they would wish etc.?

 

 

 

jackOfManyTrades
User Rank
Manager
Re: IP and IP
jackOfManyTrades   9/4/2013 2:59:35 AM
NO RATINGS
To be brutally pedantic...Finland is not Scandinavia; Scandinavia is just Sweden, Norway and Denmark.

Page 1 / 2   >   >>
Radio
NEXT UPCOMING BROADCAST
How to Cope with a Burpy Comet
October 17, 2pm EDT Friday
EE Times Editorial Director Karen Field interviews Andrea Accomazzo, Flight Director for the Rosetta Spacecraft.
August Cartoon Caption Winner!
August Cartoon Caption Winner!
"All the King's horses and all the KIng's men gave up on Humpty, so they handed the problem off to Engineering."
5 comments
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Flash Poll