ABSTRACT

The chapter discusses the innovation of firms operating in the subsea industry. The subsea industry is a high technology industry making oil extraction possible and safer in deep seas and rough weather conditions. Norway is in the front in subsea technology, and Norwegian firms have gained acknowledgment for their skills, products and services. A main finding is that subsea is a highly innovative industry, with a very high share of firms reporting innovation and even radical innovation. We discuss how this finding relates to companies’ participation in a collaboration knowledge network using social network analysis.