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'''Innovation Norway''' is a state-owned company and a [[national development bank]]. It was formed in 2004 through the merger of four governmental organizations. These organizations were:
'''Innovation Norway''' is a state-owned company and a [[national development bank]].

⚫
The company's programs and services are intended to stimulate entrepreneurship in Norway. Its head office is in [[Oslo]], and an office in each of the Norwegian counties. It also has offices in 30 countries around the world. The company has over 500 employees worldwide<ref>{{cite web|url=http://www.linkedin.com/search/fpsearch?companyId=164379&sortCriteria=R&keepFacets=&facet_CC=164379|title=Innovation Norway employees|publisher=[[LinkedIn]]|access-date=2012-02-18}}</ref> and has supported maritime transportation,<ref>{{cite web|url=http://www.marinelink.com/news/supported-vessels-impress342524.aspx|title=Marine Design: Air Supported Vessels Impress|last=Tudem|first=Ulf|date=2012-02-13|publisher=MarineLink|access-date=2012-02-18}}</ref> biotechnology,<ref>{{cite web|url=http://www.marketwatch.com/story/targovax-secures-nok-13-million-series-a-funding-for-tgo1-pancreatic-cancer-vaccine-development-2012-02-01|title=Targovax Secures NOK 13 Million Series A Funding for TGO1 Pancreatic Cancer Vaccine Development|date=2012-02-01|publisher=Targovax|access-date=2012-02-18}}</ref> [[thin film]],<ref>{{cite web|url=http://www.azonano.com/news.aspx?newsID=24252|title=Thin Film, PARC Receive FlexTech Alliance Award for Printed Non-Volatile Memory Device|last=Chai|first=Cameron|date=2012-02-13|publisher=AZoNetwork|access-date=2012-01-18}}</ref> and [[alternative fuel]].<ref>{{cite web|url=http://www.businessgreen.com/bg/news/2136148/uk-teams-norway-gbp2m-biofuels-projects|title=UK teams up with Norway for £2m biofuels projects|date=2012-01-10|publisher=[[BusinessGreen]]|access-date=2012-02-18}}</ref>

== History ==
Innovation Norway was formed in 2004 through the merger of four governmental organizations. These organizations were:

* The Norwegian Tourist Board
* The Norwegian Tourist Board
* The Norwegian Trade Council
* The Norwegian Trade Council
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* The Government Consultative Office for Inventors (SVO)
* The Government Consultative Office for Inventors (SVO)


== The “Sommarøy” controversy ==
The company goal is to promote nationwide industrial development with focus on both the business economy and Norway's national economy. It also has the goal of releasing the potential of the different [[Municipalities of Norway|districts]] and [[Regions of Norway|regions]] in [[Norway]] by contributing to [[innovation]], [[internationalisation]] and [[Promotion (marketing)|promotion]]. They have offices in all the Norwegian counties, with the head office in [[Oslo]]. It also has offices in 30 countries around the world. Previously they operated Visitnorway.com which won three [[Webby Awards]]<ref>[http://www.cisionwire.no/innovasjon-norge/visitnorway-com-har-fatt-tre-utmerkelser-i-webby-awards-2009 Press release Webby Awards]</ref> in 2009.
In the summer of 2019 Innovation Norway were involved in the production of a spoof news story about the island [[Sommarøy]]. The story claimed that due to long days in the summer and long nights during winter, inhabitants didn't have the need to follow international conventions of time. The aim of the spoof news story was to advertise Northern Norway.<ref>{{Cite web|url=https://www.nrk.no/troms/oysamfunn-vil-kvitte-seg-med-tiden_-_-klokken-skaper-bare-stress-1.14579299|title=Øysamfunn vil kvitte seg med tiden: – Klokken skaper bare stress|last=Larsen|first=Martin Hall|date=2019-06-06|website=NRK|language=nb-NO|access-date=2019-06-26}}</ref> The advert was originally presented as a legitimate news story, and its multiple false claims were only discovered after the story had been disseminated world wide. The company was strongly criticized for their promotional strategy.<ref>{{Cite web|url=https://www.nrk.no/troms/klokkelose-sommaroy-lurte-_hele_-verden-1.14599767|title=Klokkeløse Sommarøy lurte "hele" verden|last=Larsen|first=Martin Hall|date=2019-06-25|website=NRK|language=nb-NO|access-date=2019-06-26}}</ref><ref>{{Cite web|url=https://www.forbes.com/sites/davidnikel/2019/06/26/norway-tourism-bosses-slammed-for-fake-news-pr-stunt/|title=Norway's 'Time-Free' Island Was Just An Elaborate PR Stunt|last=Nikel|first=David|website=Forbes|language=en|access-date=2019-06-28}}</ref><ref>{{Cite web|url=https://www.stern.de/neon/wilde-welt/gesellschaft/sommaro%C3%B8y--norwegische-staatsbehoerde-verbreitet-fake-news--um-tourismus-anzukurbeln-8771728.html|title=Norwegische Staatsbehörde verbreitet Fake-News, um Tourismus anzukurbeln|date=2019-06-26|website=stern.de|language=de|access-date=2019-06-28}}</ref> Innovation Norway has since issued an apology regretting their lack of transparency and vowing to scrutinize their routines.<ref>{{Cite web|title=Innovasjon Norge beklager Sommarøy-saken|url=https://www.innovasjonnorge.no/no/om/nyheter/2019/innovasjon-norge-beklager-sommaroy-saken/|access-date=2020-11-28|website=www.innovasjonnorge.no|language=no}}</ref>

⚫
The company has over 500 employees worldwide<ref>{{cite web|title=Innovation Norway employees|url=http://www.linkedin.com/search/fpsearch?companyId=164379&sortCriteria=R&keepFacets=&facet_CC=164379|publisher=[[LinkedIn]]|accessdate=2012-02-18}}</ref> and has supported maritime transportation,<ref>{{cite web|last=Tudem|first=Ulf|title=Marine Design: Air Supported Vessels Impress|url=http://www.marinelink.com/news/supported-vessels-impress342524.aspx|publisher=MarineLink|accessdate=2012-02-18|date=2012-02-13}}</ref> biotechnology,<ref>{{cite web|title=Targovax Secures NOK 13 Million Series A Funding for TGO1 Pancreatic Cancer Vaccine Development|url=http://www.marketwatch.com/story/targovax-secures-nok-13-million-series-a-funding-for-tgo1-pancreatic-cancer-vaccine-development-2012-02-01|publisher=Targovax|accessdate=2012-02-18|date=2012-02-01}}</ref> [[thin film]],<ref>{{cite web|last=Chai|first=Cameron|title=Thin Film, PARC Receive FlexTech Alliance Award for Printed Non-Volatile Memory Device|url=http://www.azonano.com/news.aspx?newsID=24252|publisher=AZoNetwork|accessdate=2012-01-18|date=2012-02-13}}</ref> [[alternative fuel]]<ref>{{cite web|title=UK teams up with Norway for £2m biofuels projects|url=http://www.businessgreen.com/bg/news/2136148/uk-teams-norway-gbp2m-biofuels-projects|publisher=[[BusinessGreen]]|accessdate=2012-02-18|date=2012-01-10}}</ref> and many other types of projects.

The evergreen investment company [[Investinor]] was established in 2008 as a wholly owned subsidiary. Investinor's mandate is to invest in private companies aiming for international growth and expansion. In December 2012 the ownership was transferred to the Ministry of trade and industry.

== Fake news about “Sommarøy” ==
The summer of 2019 they produced a fake news story about [[Sommarøy]] where they claimed the island should be without official time-zone.<ref>{{Cite web|url=https://www.nrk.no/troms/oysamfunn-vil-kvitte-seg-med-tiden_-_-klokken-skaper-bare-stress-1.14579299|title=Øysamfunn vil kvitte seg med tiden: – Klokken skaper bare stress|last=Larsen|first=Martin Hall|date=2019-06-06|website=NRK|language=nb-NO|access-date=2019-06-26}}</ref> The news story propagated world wide.<ref>{{Cite web|url=https://www.nrk.no/troms/klokkelose-sommaroy-lurte-_hele_-verden-1.14599767|title=Klokkeløse Sommarøy lurte «hele» verden|last=Larsen|first=Martin Hall|date=2019-06-25|website=NRK|language=nb-NO|access-date=2019-06-26}}</ref>


==References==
==References==
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==External links==
==External links==
* [http://www.innovasjonnorge.no/Contact-us/ Innovation Norways english pages]
* [http://www.innovasjonnorge.no/Contact-us/ Innovation Norway's English pages]
* [http://www.innovasjonnorge.no/Kontorer-i-utlandet/ Innovations offices abroad]
* [http://www.innovasjonnorge.no/Kontorer-i-utlandet/ Innovations offices abroad]


{{authority control}}

[[Category:Innovation Norway| ]]
[[Category:Government-owned companies of Norway]]
[[Category:Government-owned companies of Norway]]
[[Category:Innovation Norway]]
[[Category:Banks of Norway]]

Latest revision as of 23:57, 19 February 2023

Innovation Norway is a state-owned company and a national development bank.

The company's programs and services are intended to stimulate entrepreneurship in Norway. Its head office is in Oslo, and an office in each of the Norwegian counties. It also has offices in 30 countries around the world. The company has over 500 employees worldwide[1] and has supported maritime transportation,[2] biotechnology,[3] thin film,[4] and alternative fuel.[5]

History[edit]

Innovation Norway was formed in 2004 through the merger of four governmental organizations. These organizations were:

The “Sommarøy” controversy[edit]

In the summer of 2019 Innovation Norway were involved in the production of a spoof news story about the island Sommarøy. The story claimed that due to long days in the summer and long nights during winter, inhabitants didn't have the need to follow international conventions of time. The aim of the spoof news story was to advertise Northern Norway.[6] The advert was originally presented as a legitimate news story, and its multiple false claims were only discovered after the story had been disseminated world wide. The company was strongly criticized for their promotional strategy.[7][8][9] Innovation Norway has since issued an apology regretting their lack of transparency and vowing to scrutinize their routines.[10]

References[edit]

  1. ^ "Innovation Norway employees". LinkedIn. Retrieved 2012-02-18.
  2. ^ Tudem, Ulf (2012-02-13). "Marine Design: Air Supported Vessels Impress". MarineLink. Retrieved 2012-02-18.
  3. ^ "Targovax Secures NOK 13 Million Series A Funding for TGO1 Pancreatic Cancer Vaccine Development". Targovax. 2012-02-01. Retrieved 2012-02-18.
  4. ^ Chai, Cameron (2012-02-13). "Thin Film, PARC Receive FlexTech Alliance Award for Printed Non-Volatile Memory Device". AZoNetwork. Retrieved 2012-01-18.
  5. ^ "UK teams up with Norway for £2m biofuels projects". BusinessGreen. 2012-01-10. Retrieved 2012-02-18.
  6. ^ Larsen, Martin Hall (2019-06-06). "Øysamfunn vil kvitte seg med tiden: – Klokken skaper bare stress". NRK (in Norwegian Bokmål). Retrieved 2019-06-26.
  7. ^ Larsen, Martin Hall (2019-06-25). "Klokkeløse Sommarøy lurte "hele" verden". NRK (in Norwegian Bokmål). Retrieved 2019-06-26.
  8. ^ Nikel, David. "Norway's 'Time-Free' Island Was Just An Elaborate PR Stunt". Forbes. Retrieved 2019-06-28.
  9. ^ "Norwegische Staatsbehörde verbreitet Fake-News, um Tourismus anzukurbeln". stern.de (in German). 2019-06-26. Retrieved 2019-06-28.
  10. ^ "Innovasjon Norge beklager Sommarøy-saken". www.innovasjonnorge.no (in Norwegian). Retrieved 2020-11-28.

External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Innovation_Norway&oldid=1140409148"