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Bergen, Norway

The Norwegian School of Economics or NHH is a business school situated in Bergen, Norway. Opened in 1936 by King Haakon VII, it is Norway's oldest business school and has since its foundation been a leading Norwegian teaching and research institution in the fields of economics and business administration. The school celebrated its 75th anniversary in 2011.NHH has a strong international orientation. The school participates in exchange programs with more than 130 foreign institutions in over 30 countries, and around 40 percent of the school's students spend at least one semester on exchange. The school is member of CEMS and the Partnership in International Management network, and is accredited by EQUIS.Admission to NHH is the most selective in its field in Norway. For seven years in a row , the NHH undergraduate programme received more applications than any other undergraduate study programme in Norway, and around 20% of applicants are admitted annually. In 2013, NHH received 2265 applications for 450 spots in its undergraduate program. Wikipedia.

Laursen K.,Copenhagen Business School | Laursen K.,Norwegian School of Economics and Business Administration | Salter A.J.,University of Bath
Research Policy | Year: 2014

To innovate, firms often need to draw from, and collaborate with, a large number of actors from outside their organization. At the same time, firms need also to be focused on capturing the returns from their innovative ideas. This gives rise to a paradox of openness - the creation of innovations often requires openness, but the commercialization of innovations requires protection. Based on econometric analysis of data from a UK innovation survey, we find a concave relationship between firms' breadth of external search and formal collaboration for innovation, and the strength of the firms' appropriability strategies. We show that this concave relationship is stronger for breadth of formal collaboration than for external search. There is also partial evidence suggesting that the relationship is less pronounced for both external search and formal collaboration if firms do not draw ideas from or collaborate with competitors. We explore the implications of these findings for the literature on open innovation and innovation strategy. © 2013 Klaus Wittmaack The Authors. Source

Kozlov R.,Norwegian School of Economics and Business Administration
Journal of Physics A: Mathematical and Theoretical | Year: 2010

Lie point symmetries of a system of stochastic differential equations (SDEs) with diffusion matrices of full rank are considered. It is proved that the maximal dimension of a symmetry group admitted by a system of n SDEs is n + 2. In addition, such systems cannot admit symmetry operators whose coefficients are proportional to a nonconstant coefficient of proportionality. These results are applied to compute the Lie group classification of a system of two SDEs. The classification is obtained with the help of non-equivalent realizations of real Lie algebras by fiber-preserving vector fields in 1 + 2 variables. Possibilities of using symmetries for integration of SDEs by quadratures are discussed. © 2010 IOP Publishing Ltd. Source

Hannesson R.,Norwegian School of Economics and Business Administration
Marine Policy | Year: 2011

The high seas fisheries are troubled by overcapacity and lax enforcement of management rules. The idea has emerged that these problems could be dealt with by property rights solutions such as ITQs. Such management tools only emerged after the 200-mile EEZ was established. This made it possible to apply the sovereign state's legislative, enforcement and judiciary apparatus to regulate fisheries. It is argued that without the EEZ such solutions would have been unlikely to emerge, and that a further extension of the EEZ is necessary to apply rights-based regulations to high seas fisheries. The current management regime of high seas fisheries lacks the necessary enforcement apparatus, which makes it necessary to apply trade sanctions, port measures and blacklisting to support regulations of high seas fisheries. It is argued that such measures are likely to be the second best, compared to further extending coastal state jurisdiction. Finally a bioeconomic model is applied to analyze potential gains from cooperation in high seas fisheries. © 2011 Elsevier Ltd. Source

Timilsina G.R.,The World Bank | Kurdgelashvili L.,University of Delaware | Narbel P.A.,Norwegian School of Economics and Business Administration
Renewable and Sustainable Energy Reviews | Year: 2012

Solar energy has experienced phenomenal growth in recent years due to both technological improvements resulting in cost reductions and government policies supportive of renewable energy development and utilization. This study analyzes the technical, economic and policy aspects of solar energy development and deployment. While the cost of solar energy has declined rapidly in the recent past, it still remains much higher than the cost of conventional energy technologies. Like other renewable energy technologies, solar energy benefits from fiscal and regulatory incentives, including tax credits and exemptions, feed-in-tariff, preferential interest rates, renewable portfolio standards and voluntary green power programs in many countries. The emerging carbon credit markets are expected to provide additional incentives to solar energy deployment; however, the scale of incentives provided by the existing carbon market instruments, such as, the Clean Development Mechanism of the Kyoto Protocol is limited. Despite the huge technical potential, the development and large scale deployment of solar energy technologies world-wide still has to overcome a number of technical, financial, regulatory and institutional barriers. The continuation of policy supports might be necessary for several decades to maintain and enhance the growth of solar energy in both developed and developing countries. © 2011 Elsevier Ltd. All rights reserved. Source

Hannesson R.,Norwegian School of Economics and Business Administration
Marine Policy | Year: 2013

This paper discusses the development of ITQs in Norway. Even if some would deny that anything such exists, fisheries management in Norway has some unmistakable characteristics of an ITQ system. Both boatowners and policy makers have discovered the attractions of transferable quotas, the former as a means to increase their private profits, the latter as a vehicle to reduce fleet overcapacity. The slow evolution of transferability is mainly the result of ideological opposition and opposition to structural changes, the latter involving falling number of fishermen, changes in location of the fishing industry, and changed composition of the fishing fleet. The development of this system in the purse seine fleet and the fleet fishing for cod and similar species is traced. Then the concept of resource rent is discussed, as well as how it has become capitalized in quota values, which show up as a rise in value of long term assets of the fishing industry. © 2012 Elsevier Ltd. Source

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