, formerly the world’s largest mobile phone manufacturer and the flagship of the Finnish technology industry, provides not only a fascinating empirical case, but in fact, an ideal setting to study knowledge spillovers in the context of a superstar tech-firm. Comparing firms that hire former Nokia workers vs. firms that hire other workers allows us to identify Nokia-specific spillovers. During the past decades, Nokia invested heavily in R&D. For instance, its R&D activities conducted in Finland in 2008 were approximately 49 percent of total business sector R&D expenditure
Copyright Page © 2021 International Monetary Fund WP/21/258 IMF Working Paper Institute for Capacity Development Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia Prepared by Jyrki Ali-Yrkkö, Reda Cherif, Fuad Hasanov, Natalia Kuosmanen, Mika Pajarinen 1 Authorized for distribution by Valerie Cerra October 2021 IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate . The views expressed in IMF Working Papers are those of the author(s) and do not