Nokia and Intel have specific goals in the development of new products to support their strategies. Intel has had a strategic interest in the smartphone market, and Nokia is trying to overcome Apple's lead in this market with the iPhone. This is an example of

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This is an example of induced strategic behavior, as both Nokia and Intel are developing new products to support their respective strategies in response to the competitive pressures and opportunities in the smartphone market. Managerial hubris refers to excessive confidence or overestimation of one's abilities, and incremental innovation refers to small improvements or modifications to existing products or processes. An innovation "born global" refers to a product or service that is developed for a global market from its inception.

Nokia and Intel Have Specific Goals in the Development of New