ENGLISH

Knowledge-Based Growth in Natural Resource Intensive Economies: Mining, Knowledge Development and Innovation in Norway 1860–1940

By Kristin Ranestad

Book information

Publisher
Springer International Publishing,Palgrave Macmillan
Year
2018
ISBN
978-3-319-96411-9, 978-3-319-96412-6
Language
english
Format
PDF
Filesize
4 MB (3876083 bytes)
Series
Palgrave Studies in Economic History
Edition
1st ed.
Pages
XIV, 285\291
Time added
2019-01-12 07:53:08
Economics; Economic History; Economic Geography; I

Description

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 ‘resource curse’ argument is that some of the richest countries in the world – namely Norway, Sweden, Canada and Australia – 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 Norway’s 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 country’s 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

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