Nokia was also European. We Euroopeans aren't good at not letting our companies fail, also see Philips, Acorn etc.
That isn't the problem, rather that our companies also got infected by MBAs with late stage capitalism mindset, and followed all US economic think thanks great ideas to outsource everything.
alt Hacker News
That isn't the problem, rather that our companies also got infected by MBAs with late stage capitalism mindset, and followed all US economic think thanks great ideas to outsource everything.