β Scribed by Kristin Ranestad
No coin nor oath required. For personal study only.
This book rejects the idea that natural resource industries are doomed to slow growth. Rather, it examines the case of Norway to demonstrate that such industries can prove highly innovative and dynamic.
Here, the case is compellingly made that a key empirical problem with the popular βresource curseβ argument is that some of the richest countries in the world β namely Norway, Sweden, Canada and Australia β have all developed fast-growing economies based on natural resources. Analysis of innovation and knowledge development in natural resource industries reveal important new insights about the role of learning and innovation. These insights are key to understanding variances in growth levels between natural resource-based economies.
Ranestad illustrates how Norwayβs high economic performance is built on knowledge-based natural resource industries. While Norwegian industries may have originated because of foreign technology and expertise, they thrived due to further developments carried out by organisations within Norway. Ranestad looks at how these developments were possible due to the countryβs high level of human capital, capacity for knowledge absorption and ability to adapt to new global technological and economic circumstances.
Front Matter ....Pages i-xiv
Front Matter ....Pages 1-1
Introduction (Kristin Ranestad)....Pages 3-62
An Innovative and Growing Mining Sector (Kristin Ranestad)....Pages 63-77
Front Matter ....Pages 79-79
Catching Up with World Mining: A Model of Mining Knowledge (Kristin Ranestad)....Pages 81-103
Front Matter ....Pages 105-106
The University, the Norwegian Institute of Technology (NIT), Technical Schools, and the Mining School (Kristin Ranestad)....Pages 107-148
Mining Companies: Domestic and Foreign Businesses (Kristin Ranestad)....Pages 149-186
The Capital Goods Industry (Kristin Ranestad)....Pages 187-201
National Geological Survey of Norway (Kristin Ranestad)....Pages 203-211
Front Matter ....Pages 213-213
Concluding Discussion and Remarks (Kristin Ranestad)....Pages 215-232
Back Matter ....Pages 233-285
Economics; Economic History; Economic Geography; Innovation/Technology Management; Natural Resource and Energy Economics; Economic Growth; Development Economics
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