Hvordan skape vekstbedrifter?

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1 Hvordan skape vekstbedrifter? Professor Torger Reve BI Norwegian Business School Greater Stavanger Årskonferanse Sola,

2 Norway s high GDP comes from superclusters in oil and ocean industries Offshore oil & gas industry Maritime industry Seafood industry More than 70 % of Norway s exports

3 Oil Price Fall 2014

4

5 Peak Jan 2016 Now Next Round

6 «Vinteren kommer» Øystein Olsen, CEO, Central Bank of Norway

7 Norwegian Blues?

8 Norwegian Offshore Industry Regions are hardest hit by the offshore decline

9 Four industrial clusters are joining forcesålesund Ship & equipment Aquaculture Subsea Bergen Marine resources $50 billion sales employees Oslo Oil and Gas Stavanger Offshore equipment Kristiansand

10 PENTREPRENEURSHIP «You must be risk willing and a little crazy»

11 «From Start-ups to Scale-ups»

12 Where are the new jobs created? SMEs MNCs Government Start-ups Scale-ups Scale-ups are the new value creators transforming industries

13 NOK 10.5 bill VS «Torger s Pizza»

14 «Innovation with a Global Impact»

15

16 Professor Bill Aulet Professor Scott Stern

17 Three forces of industrial transition Innovation Capacity I-Cap Entrepreneurship Capacity E-Cap Cluster Capacity C-Cap

18 «From Triple Helix To Innovation Ecosystem»

19 In Norway we typically rely on the Triple Helix Model: Government Business - Academia

20

21 MIT REAP Innovation Ecosystem Entrepreneurs Universities I-cap E-cap Investors C-cap Government Corrporations

22 MIT REAP Program South West Norway in Transition An Initiative from Sørlandets Kompetansefond Funded by Regional Foundations and Banks

23 MIT REAP Project Team SW Norway Academia Government / Industrial Development Entrepreneur Torger Reve Professor BI Champion Mona Skaret Director, Growth Companies and Clusters, Innovation Norway Tom Fedog CEO Stimline Hans Petter Hildre Professor NTNU Alesund Kristin Reitan Husebøe CEO Greater Stavanger Business Region Peter Klemsdal CEO Sorlandet Knowledge Foundation Corporate Capital Tove Ormevik Platform Manager BP Norway Tore Medhus Vice President Corporate Sparebank 1 SR-Bank Kjell O. Johannessen Project Manager Marius Nordkvelde Data Rockstar

24 Advisory Board MIT REAP South West Norway Anne Kjersti Fahlvik Innovation Manager Research Council of Norway Birger Haraldseid Manager Opportunity Greater Stavanger Owe Hagesæther CEO GCE Subsea Tor-Ivar Wammer Deputy Director Ministry of Trade, Industry and Fisheries Mariyann Løcka Deputy DFirector Ministry of Petroleum and Energy Vincent Fleischer Deputy Director General Ministry of Local Government and Modernisation Per Erik Dalen CEO GCE Blue Maritime Anne Grete Ellingsen CEO GCE NODE Mona Skaret Director of Growth Companies and Clusters Innovation Norway Kjerstin Spjøtvoll Innovation Manager SIVA

25 MIT-REAP South West Norway A Bottom-up Appraoch To Scale-up Entrepreneurship More than 100 people involved

26 Regional Entrepreneurship Acceleration Process

27 Eight regions working together with MIT South West Norway Beijing Wales Ashdod Tokyo Al Madinah Santiago Bangkok

28 We have to create Innovation Driven Enterprises (IDE) with Scaling Capacity Revenue Jobs Local SME IDE Innovation Driven Enterprise Entrepreneurship Revenue Jobs Time Time Source: Bill Aulet and Fiona Murray, 2013

29 Building a Stronger Innovation Ecosystem GCE Blue Maritime GCE Subsea GCE NODE Greater Stavanger

30 From Start-ups to Scale-ups: In Search of Unicorns Sebastian Siemietkowski

31

32 From Start-ups to Scale-ups: Who are the next disruptive entrepreneurs?

33 Oslo Innovation Week 2016

34 MIT REAP Norway Vision «Grow high-value sustainable Ocean Industries to Energize and Feed the World»

35

36 Verdens havbaserte næringer mot 2030 Eksisterende havnæringer Verdikjeder Shipping og logistikk Verdikjeder Offshore olje og gass Fiskeri Akvakultur Havturisme Sikkerhet/overvåking til havs Fremvoksende havnæringer Fornybar energi til havs Offshore akvakultur Marin bioteknologi Marin gruvedrift Verdiskaping 2030 USD 3000 milliarder Ultradyp olje og gass Marin karbonfangst Muliggjørendeteknologier Avanserte materialer Nanoteknologi Bioteknologi Undervannsteknologi Sensorer og bildebehandling Satellitt- og kommunikasjonssystemer Digitalisering Autonome system

37 MIT-REAP South West Norway: Five Proposals Entrepreneurship Accelerator Summer School (1 week) Scale-up Accelerator Program (12 weeks) Lab Accelerator Program (2 years) Big Data Scale-up Research Project (BI) Scale-up Tax Incentives (UK model)

38 MIT-REAP South West Norway: Implementation Build stronger Innovation Ecosystems Implement the Scale-up Proposals Take Scale-up program ownership (Greater Stavanger project manager and mentors) Think West Coast Norway as One Region Obtain political support for Scale-up tax incentives (UK model)

39

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