Business Development in the OSLO REGION Kevin Gallagher Oslo Teknopol IKS 1 December 2008

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1 Business Development in the OSLO REGION Kevin Gallagher Oslo Teknopol IKS 1 December 2008 Photo: SEA

2 OSLO THE KNOWLEDGE REGION The Oslo region consists of Oslo, the capital of Norway, and the surrounding county of Akershus. A unique mix of strong knowledgebased clusters, a top educated workforce and the highest quality of life makes it an attractive place to invest and work. 2 Photo: Giulio Bolognesi / VisitOSLO

3 ABOUT OSLO TEKNOPOL Photo: Gunnar Strøm / VisitOSLO Non-profit regional development agency established by the City of Oslo and Akershus County Council Aims to stimulate innovation and promote the Oslo region as a place to invest and work Cluster development and facilitation of co-operation among key actors in the triple helix Information and marketing of key knowledge-based clusters Free services and information about the region to foreign investors and companies Focus on cooperation with leading actors in key knowledge-based clusters in the Oslo region 3

4 FOCUS ON FIVE KEY CLUSTERS IN THE OSLO REGION Oslo Teknopol Governance bodies set up for: Management and coordination Marketing and communication Innovation project Maritime Government Energy Innovation Norway State-owned company for industrial development Financial tools for: Innovation Internationalisation Promotion development ICT Life science Culture HE and research Private industry 4

5 INVOLVING THE GREATER OSLO REGION 5

6 KEY FIGURES FOR THE OSLO REGION 2008 Photo: Trond Isaksen Population: 1,080,000 (January 2008) Among Europe s most highly educated Age structure: 25% < 19 38% % % > 67 Students: 60,000 Unemployment: 1.75% of work force (January 2008) Employment: 88% in private/public service sector GDP/capita: NOK 434,688 (2004) Among the top ranking European regions Companies: 112,020 (January 2008) R&D: Almost 50% of Norway s R&D activity Source: Statistics Norway 6

7 AMONG EUROPE S TOP TEN INNOVATIVE REGIONS Rank Region Country Index 1 Stockholm Sweden 1,00 2 Uusimaa (Helsinki) Finland 0,97 3 Oberbayern Germany 0,95 4 Noord-Brabant Netherlands 0,90 5 South East UK 0,87 6 Oslo Region Norway 0,82 6 Ile-de-France France 0,82 7 Stuttgart Germany 0,80 8 Wien Austria 0,79 9 Eastern UK 0,76 10 Karlsruhe Germany 0,75 Source: Oslo Innovation Scoreboard 2004, NIFU STEP. Oslo Region defined as Oslo and the surrounding county Akershus. 7

8 OSLO KNOWS SHIPPING Equipment and maritime services Finance Shipbrokers Legal services Education SHIPPING Insurance R&D Class World leaders in every segment but shipbuilding 8 Photo: Morten Brakestad

9 -10 professorships - 8 donors - 3 universities

10 OSLO KNOWS ENERGY Norway is the leading energy producing nation in Europe and the Oslo region plays a key role in driving the Norwegian energy industry. A unique competence has been gained through 100 years of experience in hydropower production and more than 30 years of offshore petroleum activities. 10 Photo: VisitOSLO

11 FOCUS ON RENEWABLE ENERGY AND ENVIRONMENT Photo: Øyvind Wold / VisitOSLO A main challenge for Norway today is to make use of existent know-how in developing environmentally friendly solutions both for conventional and renewable energy sources Oslo Energy Network is an advisory board with leaders from the offshore and renewable industries in the Oslo region, linking established technology and knowledge with new energy opportunities. Oslo Teknopol is secretariat. Oslo Renewable Energy and Environment Cluster (OREEC) is a network organisation focusing on solar, wind, hydrogen, bioenergy and waste management. 11

12 OSLO KNOWS ICT The Oslo region is in the midst of a mobile adventure. Norwegians' desire for more efficient, entertaining and mobile ways of communication has placed them in the forefront of adapting and developing new mobile and wireless products and services. Picture from Telenor s headquarter at Fornebu. Telenor is emerging as one of the fastest growing providers of mobile communications services worldwide. 12 Photo: Ida Næss Wangen

13 OSLO KNOWS LIFE SCIENCE Internationally renowned research environments A diverse biotech sector Public support for medical and pharmacological innovation International firms such as GE use Oslo as a test bed for new technologies and ideas Pharmaceutical companies choose Oslo for high-quality clinical trials 13

14 MareLife - A NEW BIOMARINE INNOVATION MACHINE Building on Norway s long traditions and competence in fisheries and aquaculture, MareLife s ambition is to foster an internationally leading biomarine cluster through collaboration between key players Prof. Øystein Lie is the executive manager of MareLife and believes life science tools hold the key to managing the world s marine resources successfully. 14 Foto: Morten Photo: Brakestad John Hughes

15 OSLO KNOWS CULTURE Music, design og architecture are central creative industries in the development of the Oslo region 15 Photo: Amund Østbye

16 OSLO TEKNOPOL WE KNOW OSLO YOUR LOCAL HOST Oslo Teknopol P.O. Box 527 Sentrum N-0105 Oslo, Norway Tel: Visit: 16 Picture of the new National Opera House in Oslo, designed by Snøhetta. Photo: Ida Næss Wangen

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