Advanced

The Dynamics of the Norwegian Maritime Industry

Gunther, Michael LU (2014) EKHM51 20141
Department of Economic History
Abstract
What are the dynamics of the Norwegian maritime industry that have allowed Norway to be top competitor in the world maritime industry? Dynamics such as history, innovation, clusters, and institutions are visited through a multidisciplinary approach in order to provide a complete picture of Norway’s maritime industry. Furthermore, the Norwegian maritime industry has one world’s highest cost of labor and a strong regulatory regime, yet the industry is the third largest in the world. The thesis aims to provide insights into how and why Norway has become a world maritime leader. It is hypothesized that because of high wages and strong regulatory system in Norway there is an intensive “creative destruction” process creating incentives to... (More)
What are the dynamics of the Norwegian maritime industry that have allowed Norway to be top competitor in the world maritime industry? Dynamics such as history, innovation, clusters, and institutions are visited through a multidisciplinary approach in order to provide a complete picture of Norway’s maritime industry. Furthermore, the Norwegian maritime industry has one world’s highest cost of labor and a strong regulatory regime, yet the industry is the third largest in the world. The thesis aims to provide insights into how and why Norway has become a world maritime leader. It is hypothesized that because of high wages and strong regulatory system in Norway there is an intensive “creative destruction” process creating incentives to innovate; hence, leading to economic growth in the Norwegian maritime industry. (Less)
Please use this url to cite or link to this publication:
author
Gunther, Michael LU
supervisor
organization
course
EKHM51 20141
year
type
H1 - Master's Degree (One Year)
subject
keywords
Innovation, Economic growth, Institutions, Maritime, Clusters, Norway
language
English
id
4498648
date added to LUP
2014-06-26 10:45:28
date last changed
2014-06-26 10:45:28
@misc{4498648,
  abstract     = {What are the dynamics of the Norwegian maritime industry that have allowed Norway to be top competitor in the world maritime industry? Dynamics such as history, innovation, clusters, and institutions are visited through a multidisciplinary approach in order to provide a complete picture of Norway’s maritime industry. Furthermore, the Norwegian maritime industry has one world’s highest cost of labor and a strong regulatory regime, yet the industry is the third largest in the world. The thesis aims to provide insights into how and why Norway has become a world maritime leader. It is hypothesized that because of high wages and strong regulatory system in Norway there is an intensive “creative destruction” process creating incentives to innovate; hence, leading to economic growth in the Norwegian maritime industry.},
  author       = {Gunther, Michael},
  keyword      = {Innovation,Economic growth,Institutions,Maritime,Clusters,Norway},
  language     = {eng},
  note         = {Student Paper},
  title        = {The Dynamics of the Norwegian Maritime Industry},
  year         = {2014},
}