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

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

Hardcover

Series: Palgrave Studies in Economic History

Business GeneralEconomicsGeography

ISBN10: 3319964119
ISBN13: 9783319964119
Publisher: Palgrave Macmillan
Published: Nov 16 2018
Pages: 285
Weight: 1.40
Height: 0.94 Width: 5.83 Depth: 8.27
Language: English

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.

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