Why Scotland Needs a Nokia

From The Sunday Herald: Let’s put a Finnish to the new Nokia myth

I think this article somewhat misses the point. Scotland doesn’t need a company like Nokia per se; it needs a company like Nokia to act as a wealth generator. You could equally argue that it needs a company like Microsoft, Apple, Sun, Oracle, or even ARM. All these companies create wealthy smart people, who are then sufficiently well-off that they feel they can take a risk and kick off a new company, thus generating new jobs and new wealth (hopefully), and so on. I guess you could call it the Circle of (Business) Life.

It doesn’t matter how Nokia got where it is; Microsoft had it’s fair sure of luck and opportunism as well. What matters is that it did get where it is.