Jump to ContentJump to Main Navigation
Nordic Capitalisms and GlobalizationNew Forms of Economic Organization and Welfare Institutions$
Users without a subscription are not able to see the full content.

Peer Hull Kristensen and Kari Lilja

Print publication date: 2011

Print ISBN-13: 9780199594535

Published to Oxford Scholarship Online: May 2011

DOI: 10.1093/acprof:oso/9780199594535.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 09 December 2019

Norway: Raw Material Refinement and Innovative Companies in Global Dynamics

Norway: Raw Material Refinement and Innovative Companies in Global Dynamics

Chapter:
(p.141) 4 Norway: Raw Material Refinement and Innovative Companies in Global Dynamics
Source:
Nordic Capitalisms and Globalization
Author(s):

Eli Moen

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199594535.003.0004

This chapter sets out by asking whether Norway, as a petro-economy, is running the risk of falling into the natural resource trap. Though there is no answer to this question, the chapter shows––through an historical account of the Norwegian business system––how Norwegian industrial development has been shaped by a distinct economic logic and how this continues to dominate the core of the economy. On the other hand, it offers examples of how Norwegian firms and employees are successfully adapting to the globalized economy. Although this was not the intention, post-war modernization programmes and continuous welfare reforms have enabled Norwegian players to renew business by tapping into global value chains.

Keywords:   petro-economy, natural resource trap, privatization, compartmentalized business system, global breakthroughs of businesses

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .