Recycling petroleum related knowledge and resources: A case study of channels for knowledge transition and diversification in South West Norway
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Gradual diversification of the Norwegian petroleum economy is an important concern for both the Norwegian government and the petroleum industry itself. This paper analyzes the on-going industrial diversification as two separate but interdependent phases depending on the ownership of knowledge and resources: Knowledge transition of publicly available petroleum related knowledge and diversification of privately held petroleum related knowledge and resources. The purpose of the paper is to provide a conceptual model of specific channels for knowledge transition and diversification of petroleum related knowledge and resources. To gain insights in potential channels we use data from a seminar series on opportunities in hydrogen and offshore wind organized by the industry cluster Norwegian Energy Solutions located in petroleum-dependent South West Norway. We use the findings on specific channels to provide policy lessons regarding economic diversification.