Sailing through rough waters

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A presentation of my MSc Business and Economics thesis. Presented for the reference group for maritime, a part of the research project "A knowledge-based Norway". …

A presentation of my MSc Business and Economics thesis. Presented for the reference group for maritime, a part of the research project "A knowledge-based Norway".

Our thesis was written around the following research question:

“What are the characteristics of the Norwegian deep sea shipping clusters that can enable the creation of global maritime knowledge hubs – A comparative study of the Oslo and Bergen shipping clusters.”

More in: Business , Technology
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  • 1. The Master Thesis of Nicolai A. Kirkeng & Herman Ness 2010
    Sailing through rough waters - Navigated by knowledge
    1
  • 2. Agenda
    Background
    Our study
    Research question
    Propositions
    Findings
    Recommendations
    Future research
    Agenda
    Nicolai Kirkeng & Herman Ness
    2
  • 3. Background
    The global competitive advantage of the Norwegian maritime industry
    Norway has strong maritime cluster
    Is it as strong in the challenge to develop into a Global Maritime Knowledge Hub?
    Norway has two ship owner centers:
    Oslo and Bergen
    Background
    Nicolai Kirkeng & Herman Ness
    3
  • 4. Limitation of our scope
    Cluster limitations
    Focusing on the knowledge intensive elements of the cluster. Primarily with regards to the headquarter functions of the shipping companies.
    Global Knowledge Hub Index limitations
    Focus on
    Cluster attractiveness
    Talent attractiveness
    Ownership attractiveness
    The linkages between the dimensions:
    Cluster dynamics
    Limitations
    Nicolai Kirkeng & Herman Ness
    4
  • 5. Research question
    Research Question
    “What are the characteristics of the Norwegian deep sea shipping clusters that can enable the creation of global maritime knowledge hubs – A comparative study of the Oslo and Bergen shipping clusters.”
    Nicolai Kirkeng & Herman Ness
    5
  • 6. Case study
    Case study
    Primary case study
    Deep sea shipping Oslo
    Comparative case study
    Deep sea shipping Bergen
    Financial & Legal services
    Oslo
    Nicolai Kirkeng & Herman Ness
    6
  • 7. Propositions
    7
    Propositions
    Linkages
    Cluster attractiveness
    P4
    P5 a b c
    P1
    Performance
    Talent Attractiveness
    P2
    OwnershipAttractiveness
    P3
    Nicolai Kirkeng & Herman Ness
  • 8. Propositions
    More specialized service firms = higher performance
    Proposition 1: Ceteris paribus, the higher the degree of dedicated professional service firms, e.g. financial, legal and brokerage services, the higher the performance of the cluster.
    Nicolai Kirkeng & Herman Ness
    8
  • 9. Maritime financial and legal firms
    Propositions
    Nicolai Kirkeng & Herman Ness
    9
  • 10. Propositions
    Competent labor and labor mobility = higher performance
    P2a: Ceteris paribus, the higher the availability of cluster specific labor pool, the higher the performance of the cluster
    P2b: Ceteris paribus, the higher the degree of labor mobility, the higher the performance of the cluster
    Nicolai Kirkeng & Herman Ness
    10
  • 11. Education
    Propositions
    Oslo
    Bergen
    Deep Sea Shipping
    Legal and financial services
    Nicolai Kirkeng & Herman Ness
    11
  • 12. Propositions
    Diverse ownership types and FDI = higher performance
    P3a: Ceterisparibus, a more diverse setofownership types willincreasetheperformanceofthecluster
    P3b: Ceterisparibus, thehigherForegin Direct Investment and thehigher Foreign Facilitation Investment Globally by clustermembers, thehighertheperformanceofthecluster
    Nicolai Kirkeng & Herman Ness
    12
  • 13. Propositions
    More valuable linkages = higherperformance
    P4: Ceterisparibus, thehigherthedegreeofinternalclosurewithinthecluster and externalbrokerageoutsidethecluster, thehighertheperformanceofthecluster.
    Nicolai Kirkeng & Herman Ness
    13
  • 14. Suggested network characteristics
    Propositions
    Nicolai Kirkeng & Herman Ness
    14
    “Shipping is a information game that is why John Fredriksen still does business in Oslo, and that’s probably how Blystad could start playing the rig-market almost a year before the rest of the world” – Oslo representative
    ”It seems that the services firms are satisfied by serving the local ship owners” – Bergen representative
  • 15. Propositions
    Linkages moderate theeffectofthe different dimensions on performance
    P5a: Linkages moderate the relationship between dedicated professional service firms and the performance of the cluster. Dedicated professional service firms are more beneficial for performance for clusters characterized by high degrees of linkages.
    P5b: Linkages moderate the relationship between cluster specific competent labor pool and the performance of the cluster. Cluster specific competent labor pool is more beneficial for performance for clusters characterized by high degrees of linkages.
    P5c: Linkages moderate the relationship between diverse ownership and the performance of the cluster. Diverse ownership is more beneficial for performance for clusters characterized by high degrees of linkages.
    Nicolai Kirkeng & Herman Ness
    15
  • 16. Oslo distinguishitselfwiththehighestpotencialofbecomming a GKH
    Findings
    Mainly due to a more beneficialnetworkstructure and the mass of industries outsidetheclusterthatstrengthenthe legal and financial services
    We have alsoseen
    A widersetofspecialized services
    More educatedworker pool
    Higherdegreeof FDI, especially Foreign Facilitation Investment Globally
    More externalbrokerage, though less internalclosure
    Nicolai Kirkeng & Herman Ness
    16
  • 17. Findings
    The legal and financial services are an important part ofthe maritime cluster, and has a strongimpact on theclustersperformance
    Unstablepolicies on the national level is one ofthestrongest barriers to develop a GKH
    Findings
    Nicolai Kirkeng & Herman Ness
    17
  • 18. Potentials
    Findings
    Oslo – Maritime Services GKH
    Bergen – Niche center
    World class maritime sericessector
    High world-wide market penetraction in selected segments
    Nicolai Kirkeng & Herman Ness
    18
  • 19. Recommendations
    Shipping companies should outsource more of their activities to benefit from a stronger and healthier specialized service sector.
    The actors in the cluster should facilitate for more labor mobility
    Recommendations
    Nicolai Kirkeng & Herman Ness
    19
  • 20. Potential future research
    Whom is dependent of whom?
    How does it effect the maritime services industry that the Oslo ship owner community is declining?
    Can they make it on their own?
    Would there have been a different story 10-20 years ago?
    Test our propositions
    20
    Future research
    Nicolai Kirkeng & Herman Ness
  • 21. Thank you for your attention!Q&A
    21