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Innovation in a market oriented
seafood industry
Vincent Fleischer, SVP, Innovation Norway
Nordic Marine Sector, Oslo, Jan. 25th 2012
Innovation Norway – close to the
companies and close to their markets




    OFFICES IN         REPRESENTATION IN
    EVERY COUNTY       33 COUNTRIES
Across industries, we see three challenges
for innovation and growth
               Make start-ups and companies
                           grow



               Make companies collaborate to
                        innovate



              Make markets drive innovation in
                       companies
Norwegian companies lag behind in market
      orientation

                                          • Higher growth
         It pays off to be
                                          • Higher exports
         market oriented1
                                          • More innovative



             Norwegian                    • Limited sharing internally of
          companies least                   market information
          market oriented                 • Focus on new technology and
           in the Nordics                   production efficiency

1. Source: Study on Market Orientation in Sweden, Denmark and Norway , DAMVAD, December 2011
Even our strongest export industry lacks market
            orientation
           • Limited customer relations – too many exporters?
           • Instable prices and earnings
           • Spot market




Photo: The Norwegian Seafood Export Council
Marine value creation programme: improve
 profit through market orientation


1. Networking – strengthen
   value chain
2. Expertise programme –
   strategy and brand building
3. Regional development – to
   promote regional
   advantages
Superfresh: Integrating the value chain
to provide highly appreciated haddock

• 8 coastal fishing vessels:
  Vesterålen and Havøysund

• 2 processers: Gunnar Klo AS
  and Tobøfisk AS

• 1 marketing: Aalesundfisk

• 3 retailers in UK and Norway
Nordic joint innovation necessary to improve
sustainability
 • The seafood industry is facing big challenges in terms of sustainability
 • The market is increasingly asking for sustainability in fishing, farming and
   processing
 • Innovation needed to provide new solutions
Moment of truth

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Nordic marine innovation - Vincent Fleischer

  • 1. Innovation in a market oriented seafood industry Vincent Fleischer, SVP, Innovation Norway Nordic Marine Sector, Oslo, Jan. 25th 2012
  • 2. Innovation Norway – close to the companies and close to their markets OFFICES IN REPRESENTATION IN EVERY COUNTY 33 COUNTRIES
  • 3. Across industries, we see three challenges for innovation and growth Make start-ups and companies grow Make companies collaborate to innovate Make markets drive innovation in companies
  • 4. Norwegian companies lag behind in market orientation • Higher growth It pays off to be • Higher exports market oriented1 • More innovative Norwegian • Limited sharing internally of companies least market information market oriented • Focus on new technology and in the Nordics production efficiency 1. Source: Study on Market Orientation in Sweden, Denmark and Norway , DAMVAD, December 2011
  • 5. Even our strongest export industry lacks market orientation • Limited customer relations – too many exporters? • Instable prices and earnings • Spot market Photo: The Norwegian Seafood Export Council
  • 6. Marine value creation programme: improve profit through market orientation 1. Networking – strengthen value chain 2. Expertise programme – strategy and brand building 3. Regional development – to promote regional advantages
  • 7. Superfresh: Integrating the value chain to provide highly appreciated haddock • 8 coastal fishing vessels: Vesterålen and Havøysund • 2 processers: Gunnar Klo AS and Tobøfisk AS • 1 marketing: Aalesundfisk • 3 retailers in UK and Norway
  • 8. Nordic joint innovation necessary to improve sustainability • The seafood industry is facing big challenges in terms of sustainability • The market is increasingly asking for sustainability in fishing, farming and processing • Innovation needed to provide new solutions