CASE STUDY | NATIONAL INNOVATION AGENCY
How Norway’s National Innovation Agency Developed System-Level Change in Scale-Up Capabilities
The Client
Innovation Norway is the Norwegian Government’s innovation agency. Employing 750+ people in offices worldwide, the national innovation agency has a key role in transforming
Norway post-oil & gas.
Building a strong entrepreneurial ecosystem, increasing exports, supporting new growth industries, developing innovation superclusters, building strong sustainability and clean energy industries are all parts of Innovation Norway’s mission.
The Challenge
How can Innovation Norway better support scale ups, notably with a focus on developing the overall investor landscape?
Today, Norway and Norwegian scaleups are raising significantly less funding than their international peers. Overall, the Nordic funding ecosystem is far behind hot spots like Berlin and London.
How can Innovation Norway develop large-scale system-level change in overall scale up capabilities and investor funding for scale ups?
The Solution
Working closely with the team at Strategy Tools, Innovation Norway has trained and certified a number of facilitators in the Strategy Tools methodology.
This includes custom development, translations, advanced-level training programs, software implementation and more.
In December 2019, Innovation Norway ordered five customized Scale Up! simulation kits to be deployed across the organization, with local trainers certified to use them in action.
“In my 8 years with Innovation Norway, this was the most learning I have ever had in a single day.”
Impact
The Strategy Tools project significantly impacted Innovation Norway by providing new, customized toolkits designed to foster national innovation and economic development. These tailored Scale Up kits were instrumental in enhancing Norway’s capabilities to support businesses in their growth stages, ensuring a robust framework for scaling up operations.
Additionally, the introduction of an in-house Strategy Simulation created a shared language and understanding around scaling up and investor funding, fostering better communication and strategic alignment among stakeholders. This comprehensive approach not only empowered businesses but also strengthened Norway’s overall economic resilience and innovation capacity.
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