Innovation has always been important to economic growth. Innovation is doing something new that creates value. By developing new goods and services, new technology and new solutions, and doing things in new ways, enterprises can increase their added-value. Innovation is the key to competitiveness and sustainable growth for businesses and the country.
The Ministry of Trade and Industry coordinates Norwegian government policy for dealing with innovation in the Norwegian economy.
Some relevant Acts and Regulations:
Technology and innovation
Technological innovation means the introduction of a new product or a change to an existing product. You can find out more about technological innovation from the Norwegian Industrial Property Office and the Research Council of Norway.
The Norwegian Industrial Property Office plays a key role in protecting inventions. At an early stage, the offer of a preliminary study by the Norwegian Industrial Property Office could be useful.
Non-technological innovation may involve organisational changes in an enterprise. Innovation Norway runs a number of programmes related to the development of new ideas in different industries by way of various initiatives.
Alongside innovation, access to R&D is essential for businesses to develop and stay competitive.
Intellectual property must be protected to encourage innovation.
Enterprises that have an idea they wish to develop into a new product can check whether others have had the same idea before. A novelty review can identify any competitors and what options the enterprise has for protecting the technology.
You can find further information on the following web site:
Innovation Norway provides products and services designed to help develop districts and boost innovation in industry throughout the country, and has offerings suited to these phases. An overview of the programmes can be obtained from Innovation Norway.
The Skattefunn tax deduction scheme is Norway's largest investment in R&D in industry. The scheme applies to all businesses that are liable for tax in Norway. The measure is administered by the Research Council for Norway in collaboration with Innovation Norway and the Norwegian Tax Administration. Skattefunn projects must be aimed at generating new knowledge, information or experience that may in turn result in new products, services or production methods.