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2023 | OriginalPaper | Buchkapitel

The Norwegian Paradox: Analyzing Overdependence on Oil Exports

verfasst von : Serena Bertozzi, Julia Camara, Hanna Goßner, Jonah M. Otto, Melanie Zott

Erschienen in: The Strategic Management of Place at Work

Verlag: Springer Nature Switzerland

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Abstract

Norway—a country with an exceptionally environment-friendly image—is implementing lots of renewable resources for its own consumption. On the contrary, about half of Norway’s exports are crude petroleum and natural gas. This great overdependence on oil makes Norway especially vulnerable to fluctuations in the oil price, the amount of remaining resources, and the overall global acceptance of fossil energies. It is of high importance to diversify Norway’s exports in order to ensure long-term economic stability. Hence, this paper focuses on suggesting alternative businesses to strengthen other industries. This can be done through government investments in local businesses and by strengthening economically important SMEs and innovative startups.

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Titel: The Norwegian Paradox: Analyzing Overdependence on Oil Exports
verfasst von: Serena Bertozzi
Julia Camara
Hanna Goßner
Jonah M. Otto
Melanie Zott
Verlag: Springer Nature Switzerland
Buch: The Strategic Management of Place at Work
Print ISBN: 978-3-031-29462-4

Electronic ISBN: 978-3-031-29463-1

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-031-29463-1_12

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