Pretty telling though. When dijit was talking about Tencent, Microsoft or Google a few comments ago they were being presented as these huge incumbent behemoths that scoop up everything in their path. And, fair enough, they are.
But when Nokia starts with an overwhelming incumbents advantage, their board doesn't even have confidence that Nokia's internal talent pool can lead them to make a mobile phone! They couldn't defend themselves from multiple companies in completely different industries with no prior competence in the mobile phone world. That was an A-Team EU hardware company's performance.
The issue here isn't company size, it is something specific to the EU. I'm not sure what, but since it is a geographic thing I'd start with regulation and branch out from there.
But when Nokia starts with an overwhelming incumbents advantage, their board doesn't even have confidence that Nokia's internal talent pool can lead them to make a mobile phone! They couldn't defend themselves from multiple companies in completely different industries with no prior competence in the mobile phone world. That was an A-Team EU hardware company's performance.
The issue here isn't company size, it is something specific to the EU. I'm not sure what, but since it is a geographic thing I'd start with regulation and branch out from there.