Norway is regarded as a ‘moderate innovator’ with a below average performance, coming 17th in the latest European Commission Innovation Union Scoreboard (IUS). Growth performance is just 1.3 percent, and the report states there are “relative weaknesses in firm investments, intellectual assets, innovators, and output.”
Daniel Ras-Vidal, the Confederation of Norwegian Enterprises’ (NHO) economic policy advisor, says the Organisation for Economic Co-operation and Development (OECD), regards this as a mystery.
“’The Norwegian puzzle’, as the OECD calls it, is that Norway has strong productivity growth, wealth creation and GDP/capita, while measured innovation activity and investments in Research & Development (R & D) is much lower than in competing countries,” he tells The Foreigner.
To read the full, original article click on this link: Updated: Norway lags behind on innovation / News / The Foreigner — Norwegian News in English.
Author: Michael Sandelson
