On behalf of Renewables Norway, Menon has written a white paper on the role of floating offshore wind in the European transition, the main barriers facing the industry at its current stage, and how support mechanisms need to be designed in order to address these barriers.

The LMC report is a collaborative effort between Menon Economics and the classification society DNV. More than 15,000 cities are benchmarked on 45 different indicators. 190 maritime experts from all over the world have contributed with their subjective assessments of the cities. For the 2024 report, we have refined our objective and subjective indicators by incorporating recent key trends in the sector, such as the green transition. As before, we benchmark each maritime city based on five key pillars:

• Shipping centres
• Maritime Finance & Law
• Maritime Technology
• Ports & Logistics
• Attractiveness & Competitiveness

Singapore has a strong performance across the five pillars and keeps its number one spot overall, followed by Rotterdam, London, Shanghai and Oslo.

Menon has for the fourth consecutive year developed a knowledge base about Norwegian exports, namely the Export Report 2024. The discussion about Norwegian export often suffers from misunderstandings. This relates to how much Norway exports, who we export to and why export is so important for Norway and the Norwegian economy. The Export Report aims to create a factual, objective, and analytical foundation to contribute to a fact-based Norwegian export debate. We do this by reviewing how the development of Norwegian exports has been since 2000, what we export, who we export to, and which Norwegian regions that export the most.

In this year’s report, we have three different special topics. The first is Norway’s green export today and the export opportunities that exist. The second highlights the importance of Norwegian service exports, and the third focuses on the significance of cornerstone companies. In addition, in this year’s report, we have updated the key performance indicators (KPIs) we developed in last year’s report, to further assess the effect of the national export initiative.

On behalf of the Norwegian Consulate General in Rio de Janeiro, Menon Economics has conducted a study on Brazilian-Norwegian trade relations and export opportunities. This report provides an overview of trade between Norway and Brazil, as well as a deep dive into sectors with high potential for Norwegian companies.

In this report, Menon Economics has analysed the opportunities for Norwegian assembly and installation ports in offshore wind towards 2030. The analysis was conducted on behalf of the cluster Norwegian Offshore Wind, Export Finance Norway (Eksfin), Invest in Bergen, Invest in Agder and Invest in Rogaland.

On behalf of the Royal Norwegian Embassy in Washington, Menon Economics has analyzed the economic impact of Norwegian activity on job creation in the United States. The report quantifies these effects in terms of the amount of US jobs associated with Norwegian multinationals, Norwegian import of American goods and services and investments from US-affiliated companies.

Norsk:
På vegne av den norske ambassaden i Washington har Menon Economics analysert økonomiske effekter av norsk virksomhet på jobbskaping i USA. Målet med rapporten var å kvantifisere disse effektene i form av antall amerikanske jobber knyttet til norske multinasjonale selskaper, norsk import av amerikanske varer og tjenester, samt investeringer fra selskaper tilknyttet USA.

On behalf of Oslo Business Region, Menon Economics has identified startups and scaleups in the Oslo region. The report highlights startups’ and scaleups’ societal contribution to employment and value creation in the region.

The report shows that the Oslo Region is home to 1855 startups, a reduction of three percent from 2021. Of these, 260 are identified as capital and R&D intensive and are considered to have high growth potential. Furthermore, we find 198 scaleups, an increase of seven percent since 2021. Startups and scaleups in the Oslo region employ 14,300 people and have a value creation of NOK 12.3 billion. Early-stage companies in the Oslo region are attracting more and more capital. Compared to its Nordic neighbours, access to capital in the early phase has improved, as there is an increasing number of scaleups and new investment funds in Oslo.

Menon Economics has for eight consecutive years studied the competitiveness of the Blue Maritime cluster, measured by key economic performance, both in absolute terms and compared to the rest of the maritime industry in Norway. In this year’s report, we place more emphasis on the cluster’s research, development and innovation activities, as well as patents and other international property.

English: Menon has mapped out the Norwegian value chain for semiconductors on behalf of Innovation Norway.
In the report, we go through the different parts of the value chain, and map out the relevant degrees and research institutions and degrees.

Norwegian: På oppdrag fra Innovasjon Norge har Menon kartlagt verdikjeden for microchips og halvledere i Norge.
I rapporten går vi gjennom de forskjellige delene av næringen, samt koblingen til forskning og utdanning og kompetansebehovet i næringen.

Menon has analysed the macroeconomic benefits of standardisation in Norway, Sweden, Denmark, Finland, Iceland and the Netherlands. Building on previous research and new analyses, we find that standardisation contributes to productivity growth through five mechanisms. By utilising a model of economic growth, it is possible to estimate how much of the growth in labour productivity can be attributed to standardisation. To estimate the relation between standards and exports, we have employed a gravity model of trade. The report was commissioned by six European standardisation bodies: Swedish Institute for Standards (SIS), Danish Standards (DS), Standards Norway (SN), Finnish Standards Association (SFS), Icelandic Standards (IST), and the Netherlands Standardisation Institute (NEN).