Knowledge-Based Growth in Natural Resource Intensive Economies
Mining, Knowledge Development and Innovation in Norway 1860–1940
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Beschreibung
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.
Kristin Ranestad is a Postdoctoral Fellow at the University of Oslo, Norway. Her research interests are in economic history, global history and the history of technology.
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.
Analyses innovation from a historical perspective in Norway
Norway is one of the richest countries in the world based on natural resources
Suggests that natural resource intensive industries in high-income economies have been highly knowledge intensive, dynamic and innovative
Relevant to courses in economic history, economic geography, innovation studies and innovation economics, science and technology studies, development economics and development studies
Autor*in
Kristin Ranestad
Themen in »Knowledge-Based Growth in Natural Resource Intensive Economies«
Chile Economic Geography Economic development Economic performance Engineering History GDP in Norway Geological mapping Geology Knowledge-based growth Metals extraction Mineral extraction Natural resource intensive economies Nigeria Norwegian mining Scandinavia