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Knowledge As a Factor to Improve Competitiveness for a Firm in Rural Norway

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  • Knut Ingar Westeren

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    Abstract

    Aker Verdal produces steel jackets for the offshore industry and is situated in Trøndelag in peripheral Norway. The firm has about 600 employees and a yearly production value of about 200 mill. $. The main competitors are in the southern part of Europe, for example Dragados in Spain. The wage level at Dragados is about 50% lower than at Aker Verdal, but Aker has won several contracts in the later years. One reason for this is that Aker has a knowledge component that contributes to the compensation for higher wage costs. The firm wants to analyze how it acquires and develops knowledge capital by looking at: · Identification: What are the central knowledge processes that take place · Measurement: What kind of indicators can be used · Management: How is management of knowledge integrated in the general management of the firm In this paper we will look at a case study and see how that can be understood in a theoretical framework. We will also analyze the advantages and disadvantages of peripheral location and its influence on knowledge creation and development.

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    File URL: http://www-sre.wu-wien.ac.at/ersa/ersaconfs/ersa06/papers/582.pdf
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    Bibliographic Info

    Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa06p582.

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    Date of creation: Aug 2006
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    Handle: RePEc:wiw:wiwrsa:ersa06p582

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