Title: Norwegian Government incentives for SME companies in the local oil and gas sector: a case study

Authors: Murshid M. Ali; Jan Frick

Addresses: Ellen og Axel Lunds hus, Kjell Arholms gate 39, 4021, Stavanger, Norway ' Ellen og Axel Lunds hus, Kjell Arholms gate 39, 4021, Stavanger, Norway

Abstract: The purpose of this paper is to investigate the impact of important government incentives to promote innovation and entrepreneurship in the Norwegian oil and gas sector. Two case studies will be used to illustrate an optimised route towards these schemes in Norway. The impact of different incentives was investigated through case studies in the Norwegian oil and gas sector. The management and founders of each company was interviewed to identify the most important factors that influence and assist companies in their efforts towards increased R&D and innovation. Case studies are based on face-to-face interviews of the relevant companies. This paper identifies the relevance of Norwegian Government incentives. Findings are discussed, and concluding remarks are presented. The research highlights the most important incentives and explains why these incentives are relevant for the different companies.

Keywords: innovation; government incentives; entrepreneurship; oil and gas industry; Norway; oil and gas SMEs; case study; R&D; research and development; small and medium-sized enterprises.

DOI: 10.1504/IJSEAM.2016.076951

International Journal of Strategic Engineering Asset Management, 2016 Vol.3 No.1, pp.55 - 70

Received: 30 Nov 2013
Accepted: 26 Dec 2014
Published online: 08 Jun 2016 *

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